XML 44 R28.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Acquisitions (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table provides the preliminary and final adjusted fair values of the identifiable assets acquired and liabilities assumed as of the acquisition date. The acquisition accounting adjustments are final as of December 31, 2021 and did not have a significant impact on the consolidated financial statements.
(In Thousands) | Amounts Recognized as of Acquisition Date (June 25, 2021)1 |  | Acquisition Accounting Adjustments 2 |  | Amounts Recognized as of Acquisition Date (As Adjusted)
Aggregate Purchase Price | $ | 23,465 |  |  | $ | (771) |  |  | $ | 22,694 |
Fair Value of Identifiable Assets Acquired and Liabilities Assumed |  |  |  |  |
Cash and Cash Equivalents | 530 |  |  | (196) |  |  | 334 |
Loans Receivable 3 | 1,030 |  |  | (421) |  |  | 609 |
Property, Plant and Equipment | 210 |  |  | (12) |  |  | 198 |
Other Intangibles | 5,173 |  |  | — |  |  | 5,173 |
Prepaid Expenses and Other Assets | 48 |  |  | (9) |  |  | 39 |
Total Identifiable Assets Acquired | 6,991 |  |  | (638) |  |  | 6,353 |
Accounts Payable and Accrued Expenses | (77) |  |  | (155) |  |  | (232) |
Deferred Income Tax Liability | (1,275) |  |  | 437 |  |  | (838) |
Total Liabilities Assumed | (1,352) |  |  | 282 |  |  | (1,070) |
Goodwill | 17,826 |  |  | (415) |  |  | 17,411 |
Net Assets Acquired | $ | 23,465 |  |  | $ | (771) |  |  | $ | 22,694 |
1 As previously reported in the notes to the condensed consolidated financial statements as of June 30, 2021. 2 The acquisition accounting adjustments are based on information obtained during the year ended December 31, 2021 about conditions that existed as of the acquisition date regarding changes in working capital accounts. The acquisition accounting adjustments are final as of December 31, 2021. 3 The gross contractual unpaid principal of acquired loans receivable was $1.1 million and we expect to collect $0.6 million.
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | The intangible assets attributable to the acquisition are comprised of the following:
| Fair Value (In Thousands) |  | Weighted Average Life (In Years)
Acquired Technology | $ | 4,000 |  |  | 5.0
Trade Name | 587 |  |  | 5.0
Merchant Relationships | 586 |  |  | 2.0
Total Acquired Intangibles Assets 1 | $ | 5,173 |  |  |
1 Acquired definite-lived intangible assets have a total weighted average life of 4.7 years.

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationAndAssetAcquisitionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
Name: | us-gaap_FiniteLivedAndIndefiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration