Acquisitions (Tables)

9 Months Ended

Sep. 30, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table presents the allocation of the purchase price to the net assets acquired, inclusive of intangible assets, with the excess fair value recorded to goodwill (in thousands):

Assets acquired:
Cash	$	818
Accounts receivable, net	1,752
Prepaid and other current assets	6,273
Property and equipment, net	738
Other non-current assets	2,643
Intangible assets	18,429
Goodwill	127,971
Right-of-use assets	4,566
Total assets acquired	163,190
Liabilities assumed:
Accounts payable	15,724
Accrued expenses and other current liabilities	21,628
Deferred revenue	812
Long-term borrowings - current portion	3,662
Lease liabilities	4,566
Total liabilities assumed	46,392
Redeemable non-controlling interest	1,752
Net assets acquired	$	115,046

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

The estimated useful lives and fair value of the intangible assets acquired are as follows (in thousands):

	Estimated Useful Lives (Years)	Fair Value
Customer relationships	2	$	9,271
Trade names	2	$	679
Software and technology	6	$	8,479
Total		$	18,429