Acquisitions (Tables)

9 Months Ended

Sep. 30, 2020

Business Combinations [Abstract]

Schedule of allocation of total purchase consideration

A summary of the preliminary allocation of total purchase consideration is presented as follows (in thousands):

	Packet		Axtel
Cash and cash equivalents	$	1,068	$	—
Accounts receivable	5,098		—
Other current assets	299		14,048
Property, plant and equipment	27,945		76,407
Operating lease right-of-use assets	1,519		1,646
Intangible assets	62,700		22,750
Goodwill	227,669		78,902
Other assets	138		—
Total assets acquired	326,436		193,753
Accounts payable and accrued liabilities	(1,275)		(238)
Other current liabilities	(860)		—
Operating lease liabilities	(1,519)		(1,586)
Finance lease liabilities	(27,945)		—
Other liabilities	—		(162)
Deferred tax liabilities	(4,539)		(2,749)
Net assets acquired	$	290,298	$	189,018

Schedule of acquired intangible assets

The following table presents certain information on the acquired intangible assets (in thousands):

Intangible Assets	Fair Value		Estimated Useful Lives (Years)	Weighted-average Estimated Useful Lives (Years)
Packet:
Trade names	$	1,600	3.0	3.0
Existing technology	5,100		3.0	3.0
Customer relationships	56,000		10.0	10.0
Axtel:
Customer relationships	22,750		15.0	15.0