Business Combinations (Tables)

9 Months Ended

Sep. 30, 2021

Business Combinations [Abstract]

Schedule of Purchase Price

The total purchase price is as follows:


						Purchase Consideration
Cash purchase price						$	62,500
Estimated working capital and other adjustments						3,008
Total purchase price						$	65,508

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The measurement period will end no later than one year from the acquisition date.


Assets acquired:
Cash						$	856
Accounts receivable, net						491
Prepaid expenses and other current assets						2,417
Property and equipment, net						39
Intangible assets, net						12,805
Goodwill						50,595
Total assets acquired						67,203
Liabilities assumed:
Accounts payable, accrued liabilities, and accrued compensation						643
Deferred tax liability						74
Deferred revenues						978
Total liabilities assumed						1,695
Fair value of assets acquired and liabilities assumed						$	65,508

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

The estimated fair value of the separately identifiable finite-lived intangible assets acquired and estimated useful lives are as follows (in thousands, except years):


						Estimated Fair Values						Weighted-Average Useful Lives (in Years)
Customer relationships						$	1,495					3.5
Non-compete agreements						570						2.4
Acquired technology						10,740						5.5
Total acquisition-related intangible assets						$	12,805					5.1