Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Acquisitions - Schedule of Provisional Information (Details)

v3.21.2
Acquisitions - Schedule of Provisional Information (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2021
Jun. 18, 2021
Apr. 07, 2021
Apr. 30, 2021
Sep. 30, 2021
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Business Acquisition [Line Items]                
Plus: Cash paid at closing           $ 419,404 $ 37,000  
Goodwill $ 525,802       $ 525,802 $ 525,802   $ 211,083
Trapelo Health                
Business Acquisition [Line Items]                
Shares of common stock issued as consideration (in shares)     597,712 597,712        
Stock price per share on closing date (in dollars per share)     $ 48.81          
Common stock issued for consideration     $ 29,174          
Plus: Cash paid at closing     35,591          
Purchase price     64,765          
Cash     713          
Other current assets     282          
Other long-term assets     268          
Total identifiable assets acquired     20,852          
Current liabilities     (751)          
Net identifiable assets acquired     20,101          
Goodwill     44,664          
Total purchase consideration     64,765          
Inivata                
Business Acquisition [Line Items]                
Plus: Cash paid at closing   $ 398,594            
Fair value of Line of Credit   15,000            
Purchase price   413,594            
Measurement period adjustments, fair value of previously-held equity interest   1,987            
Fair value of previously-held equity interest(1) 64,900 64,906            
Measurement period adjustments, fair value of Purchase Option   15,763            
Fair value of Purchase Option(1) $ 74,300 74,300            
Measurement period adjustments, net assets acquired   17,750     $ 17,800      
Total fair value of business combination   552,800            
Cash   14,068            
Measurement period adjustments, other current assets   345            
Other current assets(2)   5,711            
Property and equipment   1,753            
Other long-term assets   6,240            
Measurement period adjustments, total identifiable assets acquired   (11,424)            
Total identifiable assets acquired   353,007            
Current liabilities   (4,241)            
Measurement period adjustments, deferred income tax liabilities   3,349            
Deferred income tax liabilities(3)   (61,331)            
Other long-term liabilities   (4,690)            
Measurement period adjustments, net identifiable assets acquired   (8,075)            
Net identifiable assets acquired   282,745            
Measurement period adjustments, goodwill   25,825            
Goodwill   270,055            
Total purchase consideration   552,800            
Inivata | Previously Reported                
Business Acquisition [Line Items]                
Plus: Cash paid at closing   398,594            
Fair value of Line of Credit   15,000            
Purchase price   413,594            
Fair value of previously-held equity interest(1)   62,919            
Fair value of Purchase Option(1)   58,537            
Total fair value of business combination   535,050            
Cash   14,068            
Other current assets(2)   5,366            
Property and equipment   1,753            
Other long-term assets   6,240            
Total identifiable assets acquired   364,431            
Current liabilities   (4,241)            
Deferred income tax liabilities(3)   (64,680)            
Other long-term liabilities   (4,690)            
Net identifiable assets acquired   290,820            
Goodwill   244,230            
Total purchase consideration   535,050            
Marketing Assets | Trapelo Health                
Business Acquisition [Line Items]                
Intangible assets     549          
Identifiable intangible assets - developed technology(1) | Trapelo Health                
Business Acquisition [Line Items]                
Intangible assets     $ 19,040          
Identifiable intangible assets - developed technology(1) | Inivata                
Business Acquisition [Line Items]                
Measurement period adjustments, identifiable intangible assets   (11,796)            
Intangible assets   291,186            
Identifiable intangible assets - developed technology(1) | Inivata | Previously Reported                
Business Acquisition [Line Items]                
Intangible assets   302,982            
Trademarks | Inivata                
Business Acquisition [Line Items]                
Measurement period adjustments, identifiable intangible assets   (226)            
Intangible assets   31,474            
Trademarks | Inivata | Previously Reported                
Business Acquisition [Line Items]                
Intangible assets   31,700            
Trade Name | Inivata                
Business Acquisition [Line Items]                
Measurement period adjustments, identifiable intangible assets   253            
Intangible assets   2,575            
Trade Name | Inivata | Previously Reported                
Business Acquisition [Line Items]                
Intangible assets   $ 2,322