Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

v3.20.4
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2020
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The final purchase price of Metapack has been allocated as follows to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values based on the August 15, 2018 GBP to USD exchange rate (in thousands, except years):
Fair Value Fair Value Useful Life
(In Years)
Weighted
Average
Estimated
Useful Life
(In Years)
Cash and cash equivalents $ 9,186       
Trade accounts receivable 9,767 
Other current assets 2,776       
Property and equipment 1,039       
Goodwill 138,956       
Identifiable intangible assets:        
Trade names   $ 10,936  12  
Developed technology   40,691  16  
Customer relationships   49,211  16  
Total identifiable intangible assets 100,838      16
Accounts payable and other current liabilities (13,519)      
Deferred revenue (1,145)      
Revolving credit facility (12,716)
Deferred income tax liability (15,963)
Other liabilities (1,533)      
Total purchase consideration $ 217,686