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Acquisitions (Tables) | 3 Months Ended
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Mar. 31, 2023
Business Combination and Asset Acquisition [Abstract] |
Schedule of Business Acquisitions Aggregate Details | The aggregate details of the Company’s acquisition activity are as follows:
| Acquisitions Completed during
| Three Months Ended |  |
| March 31, |  |
| 2023 |  | 2022 |  |
Number of acquisitions | 1 |  |  | 1 |  |  |
Cash paid at closing (1) | $ | 10,299 |  |  | $ | 715,114 |  |  |
Cash acquired | — |  |  | (19,146) |  |  |
Net cash paid | $ | 10,299 |  |  | $ | 695,968 |  |  |
(1)Of the cash paid at closing for the three months ended March 31, 2022, $3,000 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:
| March 31, 2023 |  | December 31, 2022
Accruals and other current liabilities | $ | 955 |  |  | $ | 1,196 |
Contingent consideration from acquisitions | $ | 955 |  |  | $ | 1,196 |
The fair value of non-contingent consideration from acquisitions is included in the consolidated balance sheets as follows:
| March 31, 2023 |  | December 31, 2022
Accruals and other current liabilities | $ | 2,861 |  |  | $ | 2,434 |
Other liabilities | 3,061 |  |  | 2,977 |
Non-contingent consideration from acquisitions | $ | 5,922 |  |  | $ | 5,411 |
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 |  |
| Three Months Ended |  | Year Ended |  |
| March 31, 2023 |  | December 31, 2022 |  |
Consideration: |  |  |  |  |
Cash paid at closing | $ | 10,299 |  |  | $ | 763,228 |  |  |
Contingent consideration | — |  |  | 1,390 |  |  |
Deferred, non-contingent consideration, net | 525 |  |  | 749 |  |  |
Other | — |  |  | (269) |  |  |
Total consideration | $ | 10,824 |  |  | $ | 765,098 |  |  |
Assets acquired and liabilities assumed: |  |  |  |  |
Cash | $ | — |  |  | $ | 20,221 |  |  |
Accounts receivable and other current assets | 1,488 |  |  | 8,890 |  |  |
Operating lease right-of-use assets | 345 |  |  | 1,237 |  |  |
Property and equipment | — |  |  | 1,316 |  |  |
Other assets | — |  |  | 7 |  |  |
Software and technology (weighted average useful life of 3 and 5 years, respectively) | 1,300 |  |  | 10,608 |  |  |
Customer relationships (weighted average useful life of 6 and 10 years, respectively) | 3,900 |  |  | 82,278 |  |  |
Trademarks (weighted average useful life of 5 and 8 years, respectively) | 800 |  |  | 6,972 |  |  |
Total identifiable assets acquired excluding goodwill | 7,833 |  |  | 131,529 |  |  |
Accruals and other current liabilities | — |  |  | (4,079) |  |  |
Deferred revenues | (3,953) |  |  | (14,176) |  |  |
Operating lease liabilities | (345) |  |  | (1,237) |  |  |
Deferred income taxes | — |  |  | (5,745) |  |  |
Total liabilities assumed | (4,298) |  |  | (25,237) |  |  |
Net identifiable assets acquired excluding goodwill | 3,535 |  |  | 106,292 |  |  |
Goodwill | 7,289 |  |  | 658,806 |  |  |
Net assets acquired | $ | 10,824 |  |  | $ | 765,098 |  |  |

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- Definition 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. + References No definition available. + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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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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