v3.22.0.1
BUSINESS COMBINATIONS (Tables)
12 Months Ended
Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract]  
Schedule of Acquisition Date Fair Value of Concentration Transferred
The acquisition date fair value of the consideration transferred for Say Technologies was $132.8 million, which consisted of the following:
(in thousands)Fair Value
Cash$132,168 
Share-based compensation awards attributable to pre-combination services639 
Total consideration$132,807 
The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date of acquisition:
(in thousands)Fair Value
Cash and cash equivalents$15,412 
Accounts receivable1,704 
Goodwill92,951 
Intangible assets34,600 
Other current assets192 
Accounts payable, accrued expenses and other current liabilities(9,354)
Deferred tax liability(2,698)
Net assets acquired$132,807 
Schedule of Components of Identifiable Intangible Assets Acquired The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition:
(in thousands, except years)Fair ValueUseful Life
Developed technology$22,000 3
Customer relationships12,000 10
Trade names600 3
Total$34,600