XML 43 R30.htm IDEA: XBRL DOCUMENT v3.24.3
Acquisitions (Tables)
 9 Months Ended
Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Purchase Price Allocation
The preliminary allocation of the purchase price for Noname Security and fair values of the assets acquired and liabilities assumed were as follows (in thousands):

Total purchase consideration$452,319 
Allocation of the purchase consideration:
Cash$18,253 
Accounts receivable5,984 
Prepaid expenses and other current assets2,919 
Identifiable intangible assets 137,800 
Deferred income tax assets10,908 
Total assets acquired175,864 
Accounts payable(2,074)
Accrued expenses(5,217)
Deferred revenue(19,451)
Total liabilities assumed(26,742)
Identifiable net assets acquired
149,122 
Goodwill303,197 
Total purchase price allocation
$452,319 
Schedule of Acquired Intangible Assets
Identified intangible assets acquired and their respective estimated useful lives were as follows (in thousands, except years):

Gross Carrying Amount
Estimated Useful Life (in years)
Completed technologies$132,300 10.5
Customer-related intangible assets4,800 10.5
Trademarks700 2.5
Total$137,800 
Acquired intangible assets that are subject to amortization consisted of the following as of September 30, 2024 and December 31, 2023 (in thousands):

 September 30, 2024December 31, 2023
 Gross
Carrying
Amount		Accumulated AmortizationNet
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Completed technologies$464,874 $(214,054)$250,820 $354,539 $(196,572)$157,967 
Customer-related intangible assets603,393 (301,524)301,869 616,267 (273,758)342,509 
Trademarks and trade names15,342 (10,193)5,149 14,659 (9,117)5,542 
Acquired license rights34,810 (6,401)28,409 34,810 (4,685)30,125 
Total$1,118,419 $(532,172)$586,247 $1,020,275 $(484,132)$536,143