Acquisitions On February 28, 2019, we acquired all of the capital stock of MP Holdings Parent, Inc. dba MicroPact ("MicroPact"), a leading provider of commercial off-the-shelf (COTS) solutions, including entellitrak, a low-code application development platform for case management and business process management used extensively in the public sector. The total purchase price, net of cash acquired of $2.0 million , was approximately $204.2 million consisting of $197.5 million paid in cash, accrued contingent consideration of $7.0 million contingent upon the achievement of certain financial performance objectives, and $1.7 million accrued for certain holdbacks, subject to certain post-closing adjustments. We have performed a preliminary valuation analysis of the fair market value of MicroPacts assets and liabilities. The following table summarizes the allocation of the preliminary purchase price as of the acquisition date: (In thousands) Cash $ 1,983 Accounts receivable 11,852 Other current assets 8,979 Other noncurrent assets 10,417 Identifiable intangible assets 118,843 Goodwill 82,029 Accounts payable (602 ) Accrued expenses (2,432 ) Other noncurrent liabilities (8,879 ) Deferred revenue (9,898 ) Deferred tax liabilities, net (6,144 ) Total consideration $ 206,148 In connection with this transaction, we acquired total tangible assets of $33.2 million and assumed liabilities of approximately $21.8 million . We recorded goodwill of $82.0 million , none of which is expected to be deductible for tax purposes, and other identifiable intangible assets of approximately $118.8 million . The $118.8 million of intangible assets are attributable to customer relationships, acquired software, trade name and favorable fair value of an operating lease and will be amortized over a weighted average period of approximately 10 years . We recorded deferred tax liabilities of $6.1 million related to estimated fair value allocations. The acquisition of MicroPact augments Tyler's product solutions, positions us in new practice areas such as health and human services, and presents opportunities to expand our business across new and complementary markets. Tyler intends to expand its total addressable market through MicroPact's strong presence in the federal market. Therefore, the goodwill of $82.0 million arising from this acquisition is primarily attributed to our ability to generate increased revenues, earnings and cash flow by expanding our addressable market and client base. The following unaudited pro forma consolidated operating results information has been prepared as if the MicroPact acquisition had occurred at January 1, 2018, after giving effect to certain adjustments, including amortization of intangibles, interest, transaction costs and tax effects. Three Months Ended March 31, 2019 2018 Revenues $ 258,864 $ 238,533 Net income 26,378 36,282 Basic earnings per share 0.69 0.95 Diluted earnings per share $ 0.67 $ 0.91 Pro forma information above does not include acquisitions that are not considered material to our results of operations. The pro forma information does not purport to represent what our results of operations actually would have been had such transaction occurred on the date specified or to project our results of operations for any future period. On February 1, 2019, we acquired all the assets of Civic, LLC ("MyCivic"), a company that provides software solutions to connect communities. The purchase price was $3.7 million of which $3.6 million was paid in cash and approximately $90,000 was accrued for a working capital holdback. As of March 31, 2019 , the purchase price allocations for MicroPact and MyCivic are not yet complete. The preliminary estimates of fair value assumed at the acquisition date for intangible assets, deferred revenue, accrued contingent consideration, accrued holdbacks and related deferred taxes are subject to change as valuations are finalized. The operating results of MicroPact and MyCivic are included in the operating results of the Enterprise Software segment since their respective dates of acquisition. Revenues from MicroPact included in Tyler's results of operations were approximately $5.5 million and the net loss was $0.4 million for the three months ended March 31, 2019 . Revenues and operating results from MyCivic included in 2019 results were not significant. As of March 31, 2019 , we incurred fees of approximately $695,000 for financial advisory, legal, accounting, due diligence, valuation and other various services necessary to complete these acquisitions. These fees were expensed in 2019 and are included in selling, general and administrative expenses. Our balance sheet as of March 31, 2019 , reflects the allocation of the purchase price to the assets acquired based on their fair value at the date of each acquisition. The fair value of the assets and liabilities acquired are based on valuations using Level III, unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.