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Acquisitions (Tables)

12 Months Ended

Dec. 31, 2020

Business Combinations [Abstract]

Schedule of Business Acquisitions Aggregate Detail

The aggregate details of the Company’s acquisition activity are as follows:

			Acquisitions Completed in
			Year Ended December 31,
			2020						2019						2018
Number of acquisitions			6						4						7
Cash paid at closing (1)			$	98,298					$	36,577					$	143,038
Cash acquired			(5,266)						(2,523)						(7,774)
Net cash paid			$	93,032					$	34,054					$	135,264

(1)Of the cash paid at closing for the year ended December 31, 2020, $3,413 was deposited into an escrow account to secure any potential indemnification and other obligations of the seller.

Schedule of Business Acquisitions Contingent Consideration

The fair value of the contingent consideration from acquisitions is included in the consolidated balance sheets as follows:

			December 31,
			2020						2019
Accruals and other current liabilities			$	2,884					$	5,100
Other liabilities			1,415						1,499
Contingent consideration from acquisitions			$	4,299					$	6,599

The fair value of non-contingent consideration from acquisitions is included in the consolidated balance sheets as follows:

			December 31,
			2020						2019
Accruals and other current liabilities			$	685					$	900
Other liabilities			1,774						—
Non-contingent consideration from acquisitions			$	2,459					$	900

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following summarizes the fair values of the assets acquired and liabilities assumed, as well as the weighted average useful lives assigned to acquired intangible assets at the respective date of each acquisition (including contingent consideration):

			Acquisitions Completed in
			Year Ended December 31,
			2020						2019						2018
Consideration:
Cash paid at closing			$	98,298					$	36,577					$	143,038
Contingent consideration			2,380						4,498						13,456
Deferred, non-contingent consideration, net			1,416						—						690
Total consideration			$	102,094					$	41,075					$	157,184
Assets acquired and liabilities assumed:
Cash			$	5,266					$	2,523					$	7,774
Prepaid and other current assets			8,701						1,782						4,790
Operating lease right-of-use assets			2,529						—						—
Property and equipment			499						411						340
Other assets			36						84						—
Customer relationship asset (weighted average useful life of 6, 7, and 5 years, respectively)			11,371						6,534						27,294
Software and technology (weighted average useful life of 3 years)			2,207						2,423						9,332
In-process research and development			—						—						1,366
Non-compete agreement (useful life of 5 years)			200						150						—
Trademarks (weighted average useful life of 7, 5, and 7 years, respectively)			3,953						1,431						2,090
Total identifiable assets acquired excluding goodwill			34,762						15,338						52,986
Accruals and other current liabilities			(4,991)						(3,538)						(3,848)
Deferred revenues			(5,351)						(2,897)						(6,181)
Operating lease liabilities			(2,529)						—						—
Deferred income taxes			(1,701)						(1,869)						(8,917)
Other liabilities			(86)						—						—
Total liabilities assumed			(14,658)						(8,304)						(18,946)
Net identifiable assets acquired excluding goodwill			20,104						7,034						34,040
Goodwill			81,990						34,041						123,144
Net assets acquired			$	102,094					$	41,075					$	157,184

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Tabular disclosure of contingent payment arrangements including the terms that will result in payment and the accounting treatment that will be followed if such contingencies occur, including the potential impact on earnings per share if contingencies are to be settled in common stock of the entity. The description also may include the period over which amounts are expected to be paid, and changes in the amount since the previous reporting period. This also includes contingent options and commitments.

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Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

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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.

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