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