XML 35 R24.htm IDEA: XBRL DOCUMENT
v3.21.2

ACQUISITION (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The provisional estimated acquisition-date fair values of major classes of assets acquired and liabilities assumed, including a reconciliation to the total purchase consideration, are as follows:
| Provisional Amounts at Acquisition Date |  | Measurement-Period Adjustments |  | Provisional Amounts at September 30, 2021
| (in thousands)
Cash and cash equivalents | $ | 67,374 |  |  | $ | — |  |  | $ | 67,374 |
Accounts receivable | 1,033 |  |  | (16) |  |  | 1,017 |
Identifiable intangible assets | 410,443 |  |  | 62,557 |  |  | 473,000 |
Property and equipment | 3,634 |  |  | (3,059) |  |  | 575 |
Other assets | 9,141 |  |  | — |  |  | 9,141 |
Accounts payable and accrued liabilities | (65,753) |  |  | (496) |  |  | (66,249) |
Deferred income tax liabilities | (10,709) |  |  | (1,451) |  |  | (12,160) |
Other liabilities | (8,268) |  |  | — |  |  | (8,268) |
Total identifiable net assets | 406,895 |  |  | 57,535 |  |  | 464,430 |
Goodwill | 525,929 |  |  | (57,113) |  |  | 468,816 |
Total purchase consideration | $ | 932,824 |  |  | $ | 422 |  |  | $ | 933,246 |
Schedule of Fair Values of Identified Intangible Assets Acquired and Respective Weighted-Average Estimated Amortization Periods | The following table reflects the provisional estimated fair values of the identified intangible assets of Zego and the respective weighted-average estimated amortization periods:
| Estimated Fair Value |  | Weighted-Average Estimated Amortization Periods
| (in thousands) |  | (years)
Customer-related intangible assets | $ | 208,000 |  |  | 13
Contract-based intangible assets | 119,000 |  |  | 20
Acquired technologies | 124,000 |  |  | 6
Trademarks and trade names | 22,000 |  |  | 15
Total estimated identifiable intangible assets | $ | 473,000 |  |  | 14

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationAndAssetAcquisitionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
Name: | us-gaap_FiniteLivedAndIndefiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration