Annual report pursuant to Section 13 and 15(d)

Business combinations and disposals (Tables)

v3.10.0.1
Business combinations and disposals (Tables) - Ascend Management Innovations LLC
 12 Months Ended
Sep. 30, 2018
Business Acquisition [Line Items]  
Schedule of assets and liabilities recorded in the Company's financial statements at their fair values at the acquisition date
Our allocation of fair value for the assets and liabilities acquired is shown below.
(Amounts in thousands)
 
Allocation of assets and liabilities
Cash consideration, net of cash acquired
 
$
44,069

 
 
 
Billed and unbilled receivables
 
$
4,069

Other assets
 
407

Property and equipment and other assets
 
707

Deferred income taxes
 
557

Intangible assets
 
22,300

Total identifiable assets acquired
 
28,040

Accounts payable and other liabilities
 
1,414

Deferred revenue
 
554

Total liabilities assumed
 
1,968

Net identifiable assets acquired
 
26,072

Goodwill
 
17,997

Net assets acquired
 
$
44,069


Summary of valuation of the intangible assets acquired
The valuation of the intangible assets acquired is summarized below:

(Dollars in thousands)
 
Useful life
 
Fair value
Customer relationships
 
19 years
 
$
20,400

Technology-based intangible assets
 
8 years
 
1,700

Trade name
 
1 year
 
200

Total intangible assets
 
 
 
$
22,300