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Acquisitions | 3 Months Ended
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Mar. 31, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract] |
Acquisitions | Acquisitions The Company did not complete any acquisitions during the three months ended March 31, 2025 and 2024. The operating results for any acquired business are included in the Company’s consolidated financial statements from the closing date of each respective acquisition. 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:
|  |  | Acquisitions Completed During
|  |  | Year Ended
|  |  | December 31, 2024
Consideration: |  |  |
Cash paid at closing |  |  | $ | 143,299 |
Other |  |  | 108 |
Total consideration |  |  | $ | 143,407 |
Assets acquired and liabilities assumed: |  |  |
Cash |  |  | $ | 12,892 |
Accounts receivable and other current assets |  |  | 6,102 |
Operating lease right-of-use assets |  |  | 103 |
Other assets |  |  | 86 |
Software and technology (weighted average useful life of 5 years) |  |  | 7,025 |
Customer relationships (weighted average useful life of 3 years) |  |  | 284 |
Trademarks (weighted average useful life of 10 years) |  |  | 5,145 |
Total identifiable assets acquired excluding goodwill |  |  | 31,637 |
Accruals and other current liabilities |  |  | (5,778) |
Deferred revenues |  |  | (2,427) |
Operating lease liabilities |  |  | (103) |
Deferred income taxes |  |  | (136) |
Total liabilities assumed |  |  | (8,444) |
Net identifiable assets acquired excluding goodwill |  |  | 23,193 |
Goodwill |  |  | 120,214 |
Net assets acquired |  |  | $ | 143,407 |
The Company is in the process of finalizing the purchase accounting for certain acquisitions completed during the year ended December 31, 2024. The initial accounting for these business combinations is not complete because the evaluation necessary to assess the fair values of certain net assets acquired is still in process. The provisional amounts are subject to revision until the evaluations are completed to the extent that additional information is obtained about the facts and circumstances that existed as of the acquisition date. The allocation of the purchase price may be modified from the date of the acquisition as more information is obtained about the fair values of assets acquired and liabilities assumed, however, such measurement period cannot exceed one year. The primary areas of preliminary purchase price allocation that are not yet finalized relate to tax assets and liabilities, and residual goodwill.

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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-5 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/805/tableOfContent + Details
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