v3.26.1
Acquisitions
6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Acquisitions Acquisitions
The Company did not complete any acquisitions during the six months ended June 30, 2026 or 2025.
The operating results for any acquired business are included in the Company’s consolidated financial statements from the closing date of each respective acquisition and were not material, individually or in the aggregate, to the Company’s consolidated statements of operations. The following summarizes the fair values of the assets acquired and liabilities assumed, as well as the weighted average useful lives assigned to acquired intangible assets at the respective date of each acquisition:
Acquisitions Completed During
Year Ended
December 31, 2025
Cash paid at closing$101,475 
Assets acquired and liabilities assumed:
Cash$8,223 
Accounts receivable and other current assets3,596 
Operating lease right-of-use assets309 
Deferred income taxes29 
Other assets864 
Software and technology (weighted average useful life of 3 years)
5,901 
Customer relationships (weighted average useful life of 5 years)
14,600 
Trademarks (weighted average useful life of 5 years)
2,800 
Total identifiable assets acquired excluding goodwill36,322 
Accruals and other current liabilities(2,945)
Deferred revenues(406)
Operating lease liabilities(309)
Deferred income taxes(419)
Total liabilities assumed(4,079)
Net identifiable assets acquired excluding goodwill32,243 
Goodwill69,232 
Net assets acquired$101,475 
The Company is in the process of finalizing the purchase accounting for an acquisition completed during the year ended December 31, 2025. The initial accounting for this business combination is not complete because the evaluation necessary to assess the fair values of certain net assets acquired is still in process. The provisional amounts are subject to revision until the evaluations are completed to the extent that additional information is obtained about the facts and circumstances that existed as of the acquisition date. The allocation of the purchase price may be modified from the date of the acquisition as more information is obtained about the fair values of assets acquired and liabilities assumed, however, such measurement period cannot exceed one year. The primary areas of preliminary purchase price allocation that are not yet finalized relate to working capital, tax assets and liabilities, and amounts allocated to goodwill.