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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis
The following tables present our assets and liabilities measured at fair value on a recurring basis (in thousands):
Fair Value Measurements on a Recurring Basis
Assets:Level 1Level 2Level 3Total
Money market accounts as of March 31, 2023
$593,730 $— $— $593,730 
Money market accounts as of December 31, 2022
510,326 — — 510,326 
Liabilities:
Contingent consideration liability from acquisition as of March 31, 2023
$— $— $2,006 $2,006 
Contingent consideration liability from acquisition as of December 31, 2022
— — — — 
Summary of Fair Value of Level 3 Liability
The following table summarizes the change in fair value of the Level 3 liabilities with significant unobservable inputs (in thousands):
Three Months Ended
March 31,
20232022
Contingent Consideration Liability from AcquisitionSubsidiary Long-Term Incentive Plan
Beginning of period balance$— $3,351 
Acquired liabilities1,993 — 
Changes in fair value included in earnings13 (247)
End of period balance$2,006 $3,104