XML 80 R37.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Financial Statement Details (Components of Prepaid Expenses and Other Assets) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]          
Costs of obtaining contracts [1],[2] $ 60,251   $ 60,251   $ 62,377
Prepaid software maintenance and subscriptions, current and long-term [3] 34,500   34,500   35,169
Implementation costs for cloud computing arrangements [4],[5] 10,479   10,479   9,259
Taxes, prepaid and receivable 7,376   7,376   3,418
Unbilled accounts receivable 6,427   6,427   5,615
Equity method investments 5,284 [6]   5,284 [6]   0
Prepaid insurance 5,026   5,026   3,940
Derivative instruments 1,753   1,753   16,198
Other assets 16,847   16,847   14,346
Total prepaid expenses and other assets 147,943   147,943   150,322
Less: Long-term portion 60,444   60,444   51,037
Prepaid expenses and other current assets 87,499   87,499   99,285
Amortization expense from costs of obtaining contracts 5,100 $ 7,900 14,800 $ 24,300  
Current portion of costs of obtaining contracts 19,800   19,800   25,300
Prepaid software maintenance and subscriptions, current 31,800   31,800   32,400
Implementation costs for cloud computing arrangements, amortization 800   2,100 $ 1,800  
Implementation costs for cloud computing arrangements, accumulated amortization $ 9,800   $ 9,800   $ 7,700
[1] Amortization expense from costs of obtaining contracts was $5.1 million and $14.8 million for the three and nine months ended September 30, 2024, respectively, and $7.9 million and $24.3 million for the three and nine months ended September 30, 2023, respectively.
[2] The current portion of costs of obtaining contracts as of September 30, 2024 and December 31, 2023 was $19.8 million and $25.3 million, respectively.
[3] The current portion of prepaid software maintenance and subscriptions as of September 30, 2024 and December 31, 2023 was $31.8 million and $32.4 million, respectively.
[4] Amortization expense from capitalized cloud computing implementation costs was $0.8 million and insignificant for the three months ended September 30, 2024 and 2023, respectively, and $2.1 million and $1.8 million for the nine months ended September 30, 2024 and 2023, respectively. Accumulated amortization for these costs was $9.8 million and $7.7 million as of September 30, 2024 and December 31, 2023, respectively.
[5] These costs primarily relate to the multi-year implementations of our new global enterprise resource planning, customer relationship management systems and other cloud-based systems.
[6] Represents a strategic investment that did not result in Blackbaud having significant influence over the investee.