v3.25.1
Acquisitions - Schedule of Aggregate Purchase Price Allocation to Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Jul. 22, 2024
Feb. 01, 2024
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]        
Goodwill $ 572,420 $ 569,668    
Envato measurement period adjustment 1,588      
Envato        
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]        
Cash and cash equivalents     $ 90,591  
Accounts receivable     6,818  
Other assets     5,404  
Right of use asset     273  
Fixed assets     895  
Intangible assets:     106,200  
Goodwill     169,161  
Deferred tax asset     36,956  
Total assets acquired     416,298  
Accounts payable     (4,173)  
Contributor royalties payable     (11,917)  
Accrued expenses     (30,233)  
Deferred revenue     (46,888)  
Deferred tax liability     0  
Other liabilities     (72,682)  
Lease liability     (190)  
Total liabilities assumed     (166,083)  
Net assets acquired     250,215  
Assumed liabilities in other liabilities 63,400      
Envato measurement period adjustment 1,600      
Deferred income taxes 400      
Noncurrent liabilities, other 1,200      
Envato | Trade name        
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]        
Intangible assets:     31,000  
Envato | Developed technology        
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]        
Intangible assets:     61,000  
Envato | Customer relationships        
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]        
Intangible assets:     $ 14,200  
Backgrid USA, Inc. and Backgrid London LTD        
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]        
Cash and cash equivalents       $ 1,718
Accounts receivable       732
Other assets       77
Right of use asset       0
Fixed assets       0
Intangible assets:       1,200
Goodwill       19,843
Deferred tax asset       0
Total assets acquired       23,570
Accounts payable       0
Contributor royalties payable       (849)
Accrued expenses       (228)
Deferred revenue       0
Deferred tax liability       (271)
Other liabilities       (1,074)
Lease liability       0
Total liabilities assumed       (2,422)
Net assets acquired       21,148
Backgrid USA, Inc. and Backgrid London LTD | Trade name        
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]        
Intangible assets:       300
Backgrid USA, Inc. and Backgrid London LTD | Developed technology        
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]        
Intangible assets:       900
Backgrid USA, Inc. and Backgrid London LTD | Customer relationships        
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]        
Intangible assets:       $ 0
Envato and Backgird        
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]        
Cash and cash equivalents 92,309      
Accounts receivable 7,550      
Other assets 5,481      
Right of use asset 273      
Fixed assets 895      
Intangible assets: 107,400      
Goodwill 189,004      
Deferred tax asset 36,956      
Total assets acquired 439,868      
Accounts payable (4,173)      
Contributor royalties payable (12,766)      
Accrued expenses (30,461)      
Deferred revenue (46,888)      
Deferred tax liability (271)      
Other liabilities (73,756)      
Lease liability (190)      
Total liabilities assumed (168,505)      
Net assets acquired 271,363      
Envato and Backgird | Trade name        
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]        
Intangible assets: 31,300      
Envato and Backgird | Developed technology        
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]        
Intangible assets: 61,900      
Envato and Backgird | Customer relationships        
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract]        
Intangible assets: $ 14,200