Acquisitions (Tables)

3 Months Ended

Mar. 31, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Business Acquisitions Aggregate Details

The aggregate details of the Company’s acquisition activity are as follows:

	Acquisitions Completed during
	Three Months Ended
	March 31,
	2023		2022
Number of acquisitions	1		1
Cash paid at closing (1)	$	10,299	$	715,114
Cash acquired	—		(19,146)
Net cash paid	$	10,299	$	695,968

(1)Of the cash paid at closing for the three months ended March 31, 2022, $3,000 was deposited into an escrow account to secure any potential indemnification and other obligations of the seller.

Schedule of Business Acquisitions Contingent Consideration

The fair value of the contingent consideration from acquisitions is included in the consolidated balance sheets as follows:

	March 31, 2023		December 31, 2022
Accruals and other current liabilities	$	955	$	1,196
Contingent consideration from acquisitions	$	955	$	1,196

The fair value of non-contingent consideration from acquisitions is included in the consolidated balance sheets as follows:

	March 31, 2023		December 31, 2022
Accruals and other current liabilities	$	2,861	$	2,434
Other liabilities	3,061		2,977
Non-contingent consideration from acquisitions	$	5,922	$	5,411

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following summarizes the fair values of the assets acquired and liabilities assumed, as well as the weighted average useful lives assigned to acquired intangible assets at the respective date of each acquisition (including contingent consideration):

	Acquisitions Completed in
	Three Months Ended		Year Ended
	March 31, 2023		December 31, 2022
Consideration:
Cash paid at closing	$	10,299	$	763,228
Contingent consideration	—		1,390
Deferred, non-contingent consideration, net	525		749
Other	—		(269)
Total consideration	$	10,824	$	765,098
Assets acquired and liabilities assumed:
Cash	$	—	$	20,221
Accounts receivable and other current assets	1,488		8,890
Operating lease right-of-use assets	345		1,237
Property and equipment	—		1,316
Other assets	—		7
Software and technology (weighted average useful life of 3 and 5 years, respectively)	1,300		10,608
Customer relationships (weighted average useful life of 6 and 10 years, respectively)	3,900		82,278
Trademarks (weighted average useful life of 5 and 8 years, respectively)	800		6,972
Total identifiable assets acquired excluding goodwill	7,833		131,529
Accruals and other current liabilities	—		(4,079)
Deferred revenues	(3,953)		(14,176)
Operating lease liabilities	(345)		(1,237)
Deferred income taxes	—		(5,745)
Total liabilities assumed	(4,298)		(25,237)
Net identifiable assets acquired excluding goodwill	3,535		106,292
Goodwill	7,289		658,806
Net assets acquired	$	10,824	$	765,098