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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2023
Business Combinations [Abstract]  
Summary of Recognized Assets Acquired and Liabilities Assumed
The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:
Preliminary EstimateMeasurement Period AdjustmentsRevised Estimate
Total tangible assets acquired$6,136 $(14)$6,122 
Total liabilities assumed(3,603)(670)(4,273)
Identifiable intangible assets8,300 — 8,300 
Goodwill39,029 684 39,713 
Total net assets acquired
$49,862 $— $49,862 
The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:
Cash and cash equivalents$8,027 
Intangible assets46,600 
Goodwill109,349 
Other assets2,896 
Total assets acquired166,872 
Deferred income tax liabilities(7,758)
Other liabilities(2,016)
Total liabilities assumed(9,774)
Total net assets acquired$157,098 
Summary of Intangible Assets Acquired
A summary of identifiable intangible assets acquired and estimated useful lives is as follows:
Estimated Useful Life in Years
Trade name$1,500 10 years
Customer relationships3,200 7 years
Technology3,600 3 years
Total intangible assets acquired$8,300 
A summary of identifiable intangible assets acquired and estimated useful lives is as follows:
Estimated Useful Life in Years
Technology$16,000 9
Enterprise distribution channel customer relationships17,500 Indefinite
Non-enterprise distribution channel customer relationships9,500 14
Trade name3,200 11
Non-compete agreements400 3
Total intangible assets acquired$46,600