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Acquisitions (Tables)
 9 Months Ended
Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]  
Allocation of Total Purchase Price The allocation of the total purchase price is summarized below (in thousands):
Wrike
Purchase Price AllocationAsset Life
Current assets$32,008 
Intangible assets824,900 
2 - 7 years
Goodwill1,657,364 Indefinite
Other assets17,681 
Assets acquired2,531,953 
Current liabilities assumed85,368 
Long-term liabilities assumed202,511 
Deferred tax liabilities, non-current177,382 
Net assets acquired$2,066,692 
Schedule of Intangible Assets Acquired Identifiable intangible assets acquired in connection with the Wrike acquisition (in thousands) and the weighted-average lives are as follows:
WrikeAsset Life
Core and product technologies$347,900 
6 years
Customer relationships446,400 
7 years
Backlog13,500 
2 years
Trade names17,100 
3 years
Total$824,900 
Schedule of Pro Forma Information
The following unaudited pro-forma information combines the consolidated results of the operations of the Company and Wrike as if the acquisition had occurred on January 1, 2020, the first day of the Company's fiscal year 2020 (in thousands, except per share data):
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Revenues$778,445 $795,767 $2,388,576 $2,498,441 
Income from operations$84,465 $83,436 $232,796 $315,863 
Net income$51,787 $54,622 $176,713 $240,743 
Earnings per share - basic$0.42 $0.44 $1.43 $1.94 
Earnings per share - diluted$0.41 $0.43 $1.40 $1.90