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Acquisition (Tables)
6 Months Ended
Jun. 30, 2021
Business Combinations [Abstract]  
Preliminary allocation of the purchase price to the assets acquired and liabilities assumed The following illustrates the preliminary allocation of the purchase price, as of June 30, 2021, to the assets acquired and liabilities assumed:
(in thousands)Purchase price allocation
Accounts receivable$27,296 
Other current assets8,533 
Property, plant and equipment9,873 
Operating lease assets24,506 
Intangible assets:
Customer relationships118,000 
Partner relationships67,000 
Technology-based intangibles66,000 
Trade names22,000 
Internal-use software2,417 
Total intangible assets275,417 
Goodwill736,308 
Other non-current assets350 
Accounts payable(18,475)
Funds held for customers(9,428)
Accrued liabilities(20,645)
Operating lease liabilities, non-current(21,426)
Deferred income taxes(51,216)
Other non-current liabilities(4,376)
Payment for acquisition, net of cash, cash equivalents, restricted cash and restricted cash equivalents acquired of $15,841
$956,717 
Unaudited pro forma financial information
The following unaudited pro forma financial information summarizes our consolidated results of operations as though the acquisition occurred on January 1, 2020:

Pro Forma Statements of Comprehensive Income (Loss)
 Quarter Ended
June 30,
Six Months Ended
June 30,
(in thousands)2021202020212020
Revenue$563,088 $476,490 $1,081,192 $1,036,288 
Net income (loss)16,943 4,851 37,712 (80,259)