v3.22.2.2
Acquisitions and Other Investments (Tables)
 9 Months Ended
Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the estimated fair values of the assets acquired at the date of acquisition:

Preliminary EstimateMeasurement Period AdjustmentsRevised Estimate
(in thousands)
Tangible assets acquired, net of acquired cash$94 $10 $104 
Identifiable intangible assets3,000 — 3,000 
Goodwill11,378 18 11,396 
Total net assets acquired$14,472 $28 $14,500 
The following table summarizes the estimated fair values of the assets acquired at the date of acquisition:

Preliminary Estimate
(in thousands)
Tangible net assets acquired, net of acquired cash$532 
Identifiable intangible assets4,000 
Goodwill16,195 
Total net assets acquired$20,727 
In connection with the Redi2 Technologies Acquisition, the Company paid estimated consideration as follows:

(in thousands)
Cash consideration, net$69,406 
Estimated working capital adjustment(1,465)
Total$67,941 
The following table summarizes the estimated fair values of the assets acquired at the date of acquisition:

Preliminary Estimate
(in thousands)
Total current assets$1,985 
Other non-current assets3,349 
Identifiable intangible assets26,500 
Goodwill44,236 
  Total assets acquired76,070 
Accounts payable and accrued expenses(1,157)
Operating lease liabilities(2,201)
Deferred revenue(4,771)
  Total liabilities assumed(8,129)
    Total net assets acquired, net of cash received$67,941 
Schedule of Intangible Assets Acquired, Estimated Useful Lives and Amortization Method
A summary of estimated intangible assets acquired, estimated useful lives and amortization method is as follows:

Preliminary Estimate
(in thousands)		Estimated Useful Life in YearsAmortization Method
Proprietary technology$3,000 5Straight-line
A summary of estimated intangible assets acquired, estimated useful lives and amortization method is as follows:

Preliminary Estimate
(in thousands)		Estimated Useful Life in YearsAmortization Method
Proprietary technology$4,000 5Straight-line
A summary of estimated intangible assets acquired, estimated useful lives and amortization method is as follows:

Preliminary Estimate
(in thousands)		Estimated Useful Life in YearsAmortization Method
Customer lists$14,000 
14 - 16
Accelerated
Proprietary technologies9,500 
6
Straight-line
Trade names3,000 
6 - 7
Straight-line
Total intangible assets acquired$26,500