ACQUISITIONS AND DIVESTITURE (Tables)

6 Months Ended

Jun. 30, 2022

Business Combinations [Abstract]

Schedule of Fair Values of the Assets Acquired and the Liabilities Assumed in the Business Combination

The acquisitions were accounted for as business combinations and the preliminary fair values of the assets acquired and liabilities assumed in the business combinations are as follows (in thousands):

	DBH			Madrid Open
Cash and cash equivalents	$	—		$	18,659
Accounts receivable		89			2,123
Deferred costs		—			1,124
Other current assets		491			470
Property and equipment		4,403			162
Right of use assets		7,270			—
Other assets		103			381
Intangible assets:
Customer relationships		1,960			—
Owned Events		—			407,070
Other		35,410			—
Goodwill		25,556			15,385
Accounts payable and accrued expenses		(93	)		(1,609	)
Other current liabilities		(56	)		—
Operating lease liability		(9,470	)		—
Deferred revenue		(1,426	)		(20,780	)
Other liabilities		—			(4,474	)
Net assets acquired	$	64,237		$	418,511

The acquisitions were accounted for as business combinations and the fair values of the assets acquired and liabilities assumed in the business combinations are as follows (in thousands):

	FlightScope			NCSA
Cash and cash equivalents	$	1,042		$	3,655
Accounts receivable		475			5,619
Deferred costs		94			1,096
Other current assets		1,640			10,238
Property and equipment		1,089			2,804
Right of use assets		1,272			4,951
Other assets		1,056			5,472
Intangible assets:
Trade names		—			21,100
Customer relationships		2,700			10,000
Internally developed software		15,400			37,100
Goodwill		33,550			214,106
Accounts payable and accrued expenses		(806	)		(20,855	)
Other current liabilities		(187	)		(10,318	)
Operating lease liability		(1,272	)		(4,951	)
Deferred revenue		(631	)		(51,617	)
Other liabilities		(4,334	)		(31,603	)
Net assets acquired	$	51,088		$	196,797