v3.24.2
Business Acquisitions (Tables)
 6 Months Ended
Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed at Acquisition Date
The following table presents the purchase consideration and fair values of acquired assets and liabilities recorded in the Company's condensed consolidated balance sheet as of the acquisition date:
(in thousands)
Cash paid$73,558 
Estimated fair value of assets and liabilities acquired:
Cash$4,859 
Accounts receivable1,311 
Other assets3,717 
Intangible assets
Subscriber relationships24,952 
Developed technology9,349 
Current liabilities(3,838)
Deferred revenue(6,421)
Deferred income tax liabilities, net(6,791)
Total fair value of assets and liabilities acquired$27,138 
Goodwill$46,420 
Summary of Estimated Useful Lives for each acquired Intangible Asset
The following table summarizes the estimated useful lives for each acquired intangible asset:
Estimated Useful Life
Subscriber relationships8.0 years
Developed technology7.0 years