v3.25.2
Acquisitions - Schedule of Aggregate Purchase Price Allocation to Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2025
Dec. 31, 2024
Jul. 22, 2024
Feb. 01, 2024
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less), and Goodwill [Abstract]          
Goodwill $ 575,249 $ 575,249 $ 569,668    
Envato measurement period adjustment   1,588      
Envato          
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less), and Goodwill [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 400 400      
Noncurrent liabilities, other 1,200 1,200      
Envato | Trade name          
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less), and Goodwill [Abstract]          
Intangible assets:       31,000  
Envato | Developed technology          
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less), and Goodwill [Abstract]          
Intangible assets:       61,000  
Envato | Customer relationships          
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less), and Goodwill [Abstract]          
Intangible assets:       $ 14,200  
Backgrid USA, Inc. and Backgrid London LTD          
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less), and Goodwill [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 Asset Acquired to Liability Assumed, Excess (Less), and Goodwill [Abstract]          
Intangible assets:         300
Backgrid USA, Inc. and Backgrid London LTD | Developed technology          
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less), and Goodwill [Abstract]          
Intangible assets:         900
Backgrid USA, Inc. and Backgrid London LTD | Customer relationships          
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less), and Goodwill [Abstract]          
Intangible assets:         $ 0
Envato and Backgird          
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less), and Goodwill [Abstract]          
Cash and cash equivalents 92,309 92,309      
Accounts receivable 7,550 7,550      
Other assets 5,481 5,481      
Right of use asset 273 273      
Fixed assets 895 895      
Intangible assets: 107,400 107,400      
Goodwill 189,004 189,004      
Deferred tax asset 36,956 36,956      
Total assets acquired 439,868 439,868      
Accounts payable (4,173) (4,173)      
Contributor royalties payable (12,766) (12,766)      
Accrued expenses (30,461) (30,461)      
Deferred revenue (46,888) (46,888)      
Deferred tax liability (271) (271)      
Other liabilities (73,756) (73,756)      
Lease liability (190) (190)      
Total liabilities assumed (168,505) (168,505)      
Net assets acquired 271,363 271,363      
Envato and Backgird | Trade name          
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less), and Goodwill [Abstract]          
Intangible assets: 31,300 31,300      
Envato and Backgird | Developed technology          
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less), and Goodwill [Abstract]          
Intangible assets: 61,900 61,900      
Envato and Backgird | Customer relationships          
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less), and Goodwill [Abstract]          
Intangible assets: $ 14,200 $ 14,200