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Acquisitions (Tables)

12 Months Ended

Dec. 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
			Year Ended December 31,
			2023						2022						2021
Number of acquisitions			3						6						13
Cash paid at closing (1)			$	26,287					$	763,228					$	1,072,820
Cash acquired			(264)						(20,221)						(37,837)
Net cash paid			$	26,023					$	743,007					$	1,034,983

(1)Of the cash paid at closing for the year ended December 31, 2023, $1,000 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:

			December 31,
			2023						2022
Accruals and other current liabilities			$	—					$	1,196
Contingent consideration from acquisitions			$	—					$	1,196

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

			December 31,
			2023						2022
Accruals and other current liabilities			$	3,576					$	2,434
Other liabilities			—						2,977
Non-contingent consideration from acquisitions			$	3,576					$	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 During
			Year Ended December 31,
			2023						2022						2021
Consideration:
Cash paid at closing			$	26,287					$	763,228					$	1,072,820
Shares issued at closing (1)(2)			—						—						182,390
Contingent consideration			—						1,390						4,544
Deferred, non-contingent consideration, net			525						749						10,090
Other			15						(269)						—
Total consideration			$	26,827					$	765,098					$	1,269,844
Assets acquired and liabilities assumed:
Cash			$	264					$	20,221					$	37,837
Accounts receivable and other current assets			1,742						8,890						24,174
Operating lease right-of-use assets			397						1,237						12,095
Property and equipment			—						1,316						4,383
Deferred income taxes			2,151						—						—
Other assets			6						7						874
Software and technology (weighted average useful life of 3, 5, and 5 years, respectively)			3,077						10,608						43,560
Customer relationships (weighted average useful life of 6, 10, and 9 years, respectively)			3,900						82,278						158,555
Trademarks (weighted average useful life of 5, 8 and 10 years, respectively)			1,000						6,972						38,256
In-process research and development			—						—						3,700
Total identifiable assets acquired excluding goodwill			12,537						131,529						323,434
Accruals and other current liabilities			(624)						(4,079)						(27,649)
Deferred revenues			(4,623)						(14,176)						(26,245)
Operating lease liabilities			(397)						(1,237)						(11,988)
Deferred income taxes			—						(5,745)						(53,342)
Other liabilities			—						—						(716)
Total liabilities assumed			(5,644)						(25,237)						(119,940)
Net identifiable assets acquired excluding goodwill			6,893						106,292						203,494
Goodwill			19,934						658,806						1,066,350
Net assets acquired			$	26,827					$	765,098					$	1,269,844

(1)Of the total 3,141,342 shares issued at closing, 83,627 shares are subject to forfeiture if post‑closing employment service conditions are not met and accordingly were recorded as stock‑based compensation expense over the related forfeiture period of two years.

(2)A fair value adjustment of $16,943 was applied to the stock consideration due to restrictions on the transfer of securities.

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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.

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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.

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-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
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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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