Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.19.1
Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill The Company's goodwill was allocated to reporting units as follows:
(in thousands)
March 31, 2019
 
December 31, 2018
Consumer Payments
106,832

 
$
106,832

Commercial Payments and Managed Services
2,683

 
2,683

 
$
109,515

 
$
109,515


Schedule of Intangible Assets As of March 31, 2019 and December 31, 2018, intangible assets consisted of the following:

(in thousands)
March 31, 2019
 
December 31, 2018
Other intangible assets:
 
 
 
Merchant portfolios
$
153,152

 
$
137,576

Non-compete agreements
3,390

 
3,390

Tradename
2,870

 
2,870

Acquired technology
19,890

 
14,390

Customer relationships
124,630

 
55,940

 
303,932

 
214,166

Less accumulated amortization:
 
 
 
Merchant portfolios
(52,891
)
 
(48,492
)
Non-compete agreements
(3,390
)
 
(3,390
)
Trade names
(1,081
)
 
(1,017
)
Acquired technology
(10,981
)
 
(10,222
)
Customer relationships
(28,668
)
 
(26,408
)
 
(97,011
)
 
(89,529
)
 
 
 
 
 
$
206,921

 
$
124,637