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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [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,
202420232022
Number of acquisitions
Cash paid at closing (1)
$143,299 $26,287 $763,228 
Cash acquired(12,892)(264)(20,221)
Net cash paid$130,407 $26,023 $743,007 
(1)Of the cash paid at closing, $11,000 was held in an escrow account to secure any potential indemnification and other obligations of the seller as of December 31, 2024.
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,
202420232022
Consideration:
Cash paid at closing$143,299 $26,287 $763,228 
Contingent consideration— — 1,390 
Deferred, non-contingent consideration, net— 525 749 
Other108 15 (269)
Total consideration$143,407 $26,827 $765,098 
Assets acquired and liabilities assumed:
Cash$12,892 $264 $20,221 
Accounts receivable and other current assets6,102 1,742 8,890 
Operating lease right-of-use assets103 397 1,237 
Property and equipment— — 1,316 
Deferred income taxes— 2,151 — 
Other assets86 
Software and technology (weighted average useful life of 5, 3, and 5 years, respectively)
7,025 3,077 10,608 
Customer relationships (weighted average useful life of 3, 6, and 10 years, respectively)
284 3,900 82,278 
Trademarks (weighted average useful life of 10, 5 and 8 years, respectively)
5,145 1,000 6,972 
Total identifiable assets acquired excluding goodwill31,637 12,537 131,529 
Accruals and other current liabilities(5,778)(624)(4,079)
Deferred revenues(2,427)(4,623)(14,176)
Operating lease liabilities(103)(397)(1,237)
Deferred income taxes(136)— (5,745)
Total liabilities assumed(8,444)(5,644)(25,237)
Net identifiable assets acquired excluding goodwill23,193 6,893 106,292 
Goodwill120,214 19,934 658,806 
Net assets acquired$143,407 $26,827 $765,098 
Schedule of Business Acquisitions Contingent Consideration
The fair value of non-contingent consideration from acquisitions is included in the consolidated balance sheets as follows:
December 31,
20242023
Accruals and other current liabilities$— $3,576 
Non-contingent consideration from acquisitions$— $3,576