1998 1999 2000 Supplemental disclosure of cash flow information: Cash paid for income taxes $ 1,117 $ 2,217 $ 95 Supplemental disclosure of non-cash financing activities: Increase in additional paid-in capital and decrease in accrued income taxes or increase in deferred income taxes related to the tax benefit associated with the exercise of employee stock options $ 2,031 $ 5,044 $ 31,787 On October 9, 2000, Forrester acquired  FORIT GmbH, as follows — Fair value of assets acquired, excluding cash $ 15,877 Cash paid for acquisition, net of cash acquired (14,851) Liabilities assumed $ 1,026 During fiscal year 1999, Forrester acquired Fletcher Research Limited in a transaction accounted  for as a pooling of interests. Due to their immateriality to the financial position and results of  operations of Forrester, the historical financial statements were not restated. (The accompanying notes are an integral part of these consolidated financial statements.)