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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2020
Business Combinations [Abstract]  
Schedule of Consideration Paid and Estimated Fair Value of Tangible and Intangible Net Assets Acquired
The table below sets forth the purchase consideration and the fair value allocation of the tangible and intangible net assets acquired (in thousands):
October 21, 2019
Calculation of Purchase Consideration:
Cash paid, net of working capital adjustment$61,403  
Holdback consideration2,820  
Contingent consideration2,793  
Total consideration$67,016  
Tangible and Intangible Net Assets:
Cash$2,352  
Accounts receivable 5,742  
Inventory4,687  
Other current assets216  
Property and equipment296  
Customer relationships19,805  
Developed technology16,583  
Trade name2,219  
Accounts payable(2,746) 
Accrued expenses(1,017) 
Other current liabilities(1,683) 
Deferred tax liability(9,209) 
Deferred revenue(889) 
Redeemable noncontrolling interest(11,411) 
Goodwill42,071  
Total tangible and intangible net assets$67,016