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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract] |
Schedule of Preliminary Purchase Price Allocated | The final purchase price was allocated as follows:
|  | Purchase Price Allocation
|  | (in thousands)
Cash and cash equivalents |  | $ | 33,797 |
Deposits with clearing organizations |  | 18,147 |
Accounts receivable |  | 2,645 |
Equipment |  | 1,498 |
Software development costs |  | 820 |
Goodwill |  | 85,462 |
Intangible assets – customer relationships |  | 101,285 |
Accrued compensation |  | (1,246) |
Deferred revenue |  | (620) |
Accounts payable, accrued expenses and other liabilities |  | (229) |
Total |  | 241,559 |
Less: Cash acquired |  | (33,797) |
Less: Deposits with clearing organizations acquired |  | (18,147) |
Working capital adjustments |  | 385 |
Purchase price, net of cash and deposits acquired and excluding working capital adjustments |  | $ | 190,000 |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
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