CCC Intelligent Solutions (CCCS) 10-Q 4 Aug 22 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2022	Jul. 29, 2022
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Registrant Name	CCC INTELLIGENT SOLUTIONS HOLDINGS INC.
Entity Central Index Key	0001818201
Entity File Number	001-39447
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Document Quarterly Report	true
Document Transition Report	false
Entity Tax Identification Number	98-1546280
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	167 N. Green Street
Entity Address, Address Line Two	9th Floor
Entity Address, City or Town	Chicago
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60607
City Area Code	800
Local Phone Number	621-8070
Entity Common Stock, Shares Outstanding		616,503,861
Title of 12(b) Security	Common stock, par value $0.0001 per share
Trading Symbol	CCCS
Security Exchange Name	NYSE

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
CURRENT ASSETS:
Cash and cash equivalents	$ 227,640	$ 182,544
Accounts receivable-Net of allowances of $4,296 and $3,791 for June 30, 2022 and December 31, 2021, respectively	82,816	78,793
Income taxes receivable	71	318
Deferred contract costs	16,021	15,069
Other current assets	30,640	46,181
Total current assets	357,188	322,905
SOFTWARE, EQUIPMENT, AND PROPERTY—Net	143,629	135,845
OPERATING LEASE ASSETS	33,615	37,234
INTANGIBLE ASSETS—Net	1,168,449	1,213,249
GOODWILL	1,494,267	1,466,884
DEFERRED FINANCING FEES, REVOLVER—Net	2,593	2,899
DEFERRED CONTRACT COSTS	19,869	22,117
EQUITY METHOD INVESTMENT	10,228	10,228
OTHER ASSETS	35,739	26,165
TOTAL	3,265,577	3,237,526
CURRENT LIABILITIES:
Accounts payable	15,350	12,918
Accrued expenses	60,641	66,691
Income taxes payable	20,847	7,243
Current portion of long-term debt	8,000	8,000
Current portion of long-term licensing agreement—Net	2,788	2,703
Operating lease liabilities	4,137	8,052
Deferred revenues	33,298	31,042
Total current liabilities	145,061	136,649
LONG-TERM DEBT - Net	777,384	780,610
DEFERRED INCOME TAXES—Net	231,728	275,745
LONG-TERM LICENSING AGREEMENT—Net	32,213	33,629
OPERATING LEASE LIABILITIES	55,849	56,133
WARRANT LIABILITIES	39,338	62,478
OTHER LIABILITIES	2,859	5,785
Total liabilities	1,284,432	1,351,029
COMMITMENTS AND CONTINGENCIES (Notes 19 and 20)
MEZZANINE EQUITY:
Redeemable non-controlling interest	14,179	14,179
STOCKHOLDERS' EQUITY:
Preferred stock-$0.0001 par; 100,000,000 shares authorized; no shares issued or outstanding	0	0
Common stock-$0.0001 par; 5,000,000,000 shares authorized; 615,501,951 and 609,768,296 shares issued and outstanding at June 30, 2022 and December 31,2021, respectively	62	61
Additional paid-in capital	2,686,326	2,618,924
Accumulated deficit	(718,813)	(746,352)
Accumulated other comprehensive loss	(609)	(315)
Total stockholders' equity	1,966,966	1,872,318
TOTAL	$ 3,265,577	$ 3,237,526

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Allowances for doubtful accounts receivable current	$ 4,296	$ 3,791
Preferred Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Preferred Stock, Shares Authorized	100,000,000	100,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Common Stock, Shares Authorized	5,000,000,000	5,000,000,000
Common Stock, Shares, Issued	615,501,951	609,768,296
Common Stock, Shares, Outstanding	615,501,951	609,768,296

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income
REVENUES	$ 192,786	$ 166,789	$ 379,609	$ 324,578
COST OF REVENUES
Cost of revenues, exclusive of amortization of acquired technologies	46,095	38,932	88,795	76,945
Amortization of acquired technologies	6,750	6,580	13,445	13,160
Total cost of revenues	52,845	45,512	102,240	90,105
GROSS PROFIT	139,941	121,277	277,369	234,473
OPERATING EXPENSES:
Research and development	38,758	31,253	74,438	61,877
Selling and marketing	31,091	21,551	578,940	40,968
General and administrative expenses	39,509	28,394	83,717	66,233
Amortization of intangible assets	18,066	18,078	36,146	36,155
Total operating expenses	127,424	99,276	252,195	205,233
OPERATING INCOME	12,517	22,001	25,174	29,240
INTEREST EXPENSE	(7,944)	(18,903)	(15,285)	(37,669)
CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS	0	3,089	0	6,366
GAIN ON SALE OF COST METHOD INVESTMENT	0	0	3,578	0
CHANGE IN FAIR VALUE OF WARRANT LIABILITIES	(21,004)	0	(23,140)	0
OTHER INCOME - Net	112	4	194	91
PRETAX INCOME (LOSS)	25,689	6,191	36,801	(1,972)
INCOME TAX (PROVISION) BENEFIT	(10,125)	(2,375)	(9,262)	704
NET INCOME (LOSS) INCOME INCLUDING NON-CONTROLLING INTEREST	15,564	3,816	27,539	(1,268)
Less: net income (loss) attributable to non-controlling interest	0	0	0	0
NET INCOME (LOSS) ATTRIBUTABLE TO CCC INTELLIGENT SOLUTIONS HOLDINGS INC.	$ 15,564	$ 3,816	$ 27,539	$ (1,268)
Earnings Per Shares Basic And Diluted [Abstract]
Basic	$ 0.03	$ 0.01	$ 0.05	$ 0
Diluted	$ 0.02	$ 0.01	$ 0.04	$ 0
Earnings Per Share, Basic, Other Disclosure [Abstract]
Basic	605,948,628	505,430,380	604,534,589	505,252,635
Diluted	639,964,696	523,687,498	640,650,297	505,252,635
COMPREHENSIVE (LOSS) INCOME:
Net Income (Loss), Including noncontrolling Interest	$ 15,564	$ 3,816	$ 27,539	$ (1,268)
Other comprehensive income (loss)-Foreign currency translation adjustment	(303)	(36)	(294)	(29)
COMPREHENSIVE (LOSS) INCOME INCLUDING NON-CONTROLLING INTEREST	15,261	3,780	27,245	(1,297)
Less: comprehensive (loss) income attributable to non-controlling interest	0	0	0	0
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO CCC INTELLIGENT SOLUTIONS HOLDINGS INC.	$ 15,261	$ 3,780	$ 27,245	$ (1,297)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Mezzanine Equity and Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Noncontrolling Interest [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Loss [Member]
Beginning Balance at Dec. 31, 2020	$ 1,371,615		$ 50	$ 1,501,206	$ (129,370)	$ (271)
Balance Balance, Shares at Dec. 31, 2020			504,274,890
Beginning Balance , Redeemable Non-Controlling Interest at Dec. 31, 2020		$ 14,179
Issuance of common stock	1,007			1,007
Issuance of common stock (Shares)			110,679
Stock-based compensation expense	11,838			11,838
Stock-based compensation expense, Shares			883,729
Exercise of stock options—net of tax	444			444
Exercise of stock options—net of tax , Shares			161,080
Dividend to CCCIS stockholders	(134,551)				(134,551)
Foreign currency translation adjustment	7					7
Net income (loss)	(5,084)				(5,084)
Ending Balance , Redeemable Non-Controlling Interest at Mar. 31, 2021		14,179
Ending Balance at Mar. 31, 2021	1,245,276		$ 50	1,514,495	(269,005)	(264)
Ending Balance, Shares at Mar. 31, 2021			505,430,378
Beginning Balance at Dec. 31, 2020	1,371,615		$ 50	1,501,206	(129,370)	(271)
Balance Balance, Shares at Dec. 31, 2020			504,274,890
Beginning Balance , Redeemable Non-Controlling Interest at Dec. 31, 2020		14,179
Foreign currency translation adjustment	(29)
Net income (loss)	(1,268)
Ending Balance , Redeemable Non-Controlling Interest at Jun. 30, 2021		14,179
Ending Balance at Jun. 30, 2021	1,251,635		$ 50	1,517,074	(265,189)	(300)
Ending Balance, Shares at Jun. 30, 2021			505,430,378
Beginning Balance at Mar. 31, 2021	1,245,276		$ 50	1,514,495	(269,005)	(264)
Balance Balance, Shares at Mar. 31, 2021			505,430,378
Beginning Balance , Redeemable Non-Controlling Interest at Mar. 31, 2021		14,179
Stock-based compensation expense	2,579			2,579
Foreign currency translation adjustment	(36)					(36)
Net income (loss)	3,816				3,816
Ending Balance , Redeemable Non-Controlling Interest at Jun. 30, 2021		14,179
Ending Balance at Jun. 30, 2021	1,251,635		$ 50	1,517,074	(265,189)	(300)
Ending Balance, Shares at Jun. 30, 2021			505,430,378
Beginning Balance at Dec. 31, 2021	1,872,318		$ 61	2,618,924	(746,352)	(315)
Balance Balance, Shares at Dec. 31, 2021			609,768,296
Beginning Balance , Redeemable Non-Controlling Interest at Dec. 31, 2021	14,179	14,179
Stock-based compensation expense	23,644			23,644
Exercise of stock options—net of tax	10,633			10,633
Exercise of stock options—net of tax , Shares			3,961,270
Exercise of Warrants-Net, Shares			1,246
Issuance of common stock upon vesting of RSUs-net of tax			$ 27,314
Foreign currency translation adjustment	9					9
Net income (loss)	11,975				11,975
Ending Balance , Redeemable Non-Controlling Interest at Mar. 31, 2022		14,179
Ending Balance at Mar. 31, 2022	1,918,579		$ 61	2,653,201	(734,377)	(306)
Ending Balance, Shares at Mar. 31, 2022			613,758,126
Beginning Balance at Dec. 31, 2021	1,872,318		$ 61	2,618,924	(746,352)	(315)
Balance Balance, Shares at Dec. 31, 2021			609,768,296
Beginning Balance , Redeemable Non-Controlling Interest at Dec. 31, 2021	14,179	14,179
Foreign currency translation adjustment	(294)
Net income (loss)	27,539
Ending Balance , Redeemable Non-Controlling Interest at Jun. 30, 2022	14,179	14,179
Ending Balance at Jun. 30, 2022	1,966,966		$ 62	2,686,326	(718,813)	(609)
Ending Balance, Shares at Jun. 30, 2022			615,501,951
Beginning Balance at Mar. 31, 2022	1,918,579		$ 61	2,653,201	(734,377)	(306)
Balance Balance, Shares at Mar. 31, 2022			613,758,126
Beginning Balance , Redeemable Non-Controlling Interest at Mar. 31, 2022		14,179
Stock-based compensation expense	28,403			28,403
Exercise of stock options—net of tax	4,723		$ 1	4,722
Exercise of stock options—net of tax , Shares			1,713,991
Issuance of common stock upon vesting of RSUs-net of tax			$ 29,834
Foreign currency translation adjustment	(303)					(303)
Net income (loss)	15,564				15,564
Ending Balance , Redeemable Non-Controlling Interest at Jun. 30, 2022	14,179	$ 14,179
Ending Balance at Jun. 30, 2022	$ 1,966,966		$ 62	$ 2,686,326	$ (718,813)	$ (609)
Ending Balance, Shares at Jun. 30, 2022			615,501,951

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 27,539	$ (1,268)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization of software, equipment, and property	13,490	10,472
Amortization of intangible assets	49,591	49,315
Deferred income taxes	(43,703)	(11,068)
Stock-based compensation	52,047	15,537
Amortization of deferred financing fees	949	2,321
Amortization of discount on debt	131	392
Change in fair value of interest rate swaps	0	(6,366)
Change in fair value of warrant liabilities	23,140	0
Non-cash lease expense	2,152	3,667
Loss on disposal of software, equipment and property	795	0
Gain on sale of cost method investment	(3,578)	0
Other	47	34
Changes in:
Accounts receivable—Net	(4,027)	(7,749)
Deferred contract costs	(952)	(765)
Other current assets	15,463	(1,937)
Deferred contract costs—Non-current	2,248	(1,597)
Other assets	(9,935)	1,699
Operating lease assets	1,576	3,410
Income taxes	13,851	(43)
Accounts payable	3,204	3,613
Accrued expenses	(7,949)	4,031
Operating lease liabilities	(4,308)	(3,900)
Deferred revenues	2,256	2,303
Other liabilities	(62)	(2,281)
Net cash provided by operating activities	87,685	59,820
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of software, equipment, and property	(25,469)	(13,158)
Acquisition of Safekeep, Inc., net of cash acquired	(32,242)	0
Purchase of equity method investment	0	(10,189)
Proceeds from sale of cost method investment	3,892	0
Purchase of intangible asset	0	(49)
Net cash used in investing activities	(53,819)	(23,396)
CASH FLOWS FROM FINANCING ACTIVITIES:
Principal payments on long-term debt	(4,000)	(6,923)
Proceeds from issuance of common stock	0	1,007
Proceeds from exercise of stock options	15,511	503
Dividend to CCCIS stockholders	0	(134,549)
Net cash provided by (used in) financing activities	11,511	(139,962)
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	(281)	(74)
NET CHANGE IN CASH AND CASH EQUIVALENTS	45,096	(103,612)
Beginning of period	182,544	162,118
End of period	227,640	58,506
NONCASH INVESTING AND FINANCING ACTIVITIES:
Unpaid liability related to software, equipment, and property	0	5,752
Contingent consideration related to business acquisition	200	0
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for interest	14,153	35,020
Cash paid for income taxes-Net	$ 38,946	$ 10,409

Organization and Nature of Oper

Organization and Nature of Operations	6 Months Ended
	Jun. 30, 2022
Text Block [Abstract]
Organization and Nature of Operations	1. ORGANIZATION AND nature of operations CCC Intelligent Solutions Holdings Inc., a Delaware corporation, is a leading provider of innovative cloud, mobile, telematics, hyperscale technologies, and applications for the property and casualty (“P&C”) insurance economy. Our cloud-based software as a service (“SaaS”) platform connects trading partners, facilitates commerce, and supports mission-critical, artificial intelligence ("AI") enabled digital workflows. Our platform digitizes workflows and connects companies across the P&C insurance economy, including insurance carriers, collision repairers, parts suppliers, automotive manufacturers, financial institutions, and others. The Company is headquartered in Chicago, Illinois. The Company’s primary operations are in the United States (“US”) and it also has operations in China. The Company was originally incorporated as a Cayman Islands exempted company on July 3, 2020 as a special purpose acquisition company under the name Dragoneer Growth Opportunities Corp. On February 2, 2021, CCCIS entered into the Business Combination Agreement with Dragoneer. In connection with the closing of the Business Combination (see Note 3), Dragoneer changed its jurisdiction of incorporation by deregistering as an exempted company in the Cayman Islands and continuing and domesticating as a Delaware corporation on July 30, 2021, upon which Dragoneer changed its name to CCC Intelligent Solutions Holdings Inc.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presenta tion —The condensed consolidated balance sheets as of June 30, 2022 and December 31, 2021, the condensed consolidated statements of operations and comprehensive income (loss) for the three and six months ended June 30, 2022 and 2021, the condensed consolidated statements of mezzanine equity and stockholders’ equity for the three and six months ended June 30, 2022 and 2021, and the condensed consolidated statements of cash flows for the six months ended June 30, 2022 and 2021 have been prepared by the Company and have not been audited. In the opinion of management, all adjustments (which include only normal recurring adjustments except where disclosed) necessary for the fair presentation of the financial position, results of operations and cash flows have been made. The results of operations for any interim period are not necessarily indicative of the results to be expected for the full year or any future period. The accompanying condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Regulation S-X of the Securities and Exchange Commission (“SEC”). The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, the condensed consolidated financial statements may not include all the information and footnotes necessary for a complete presentation of financial position, results of operations or cash flows. These condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2021. The Company's significant accounting policies are described in Note 2, Summary of Significant Accounting Policies, to the consolidated financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 . There have been no material changes to the significant accounting policies since December 31, 2021. Basis of Accounting —The accompanying condensed consolidated financial statements are prepared in accordance with GAAP and include the accounts of the Company and its wholly-owned subsidiaries and majority-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. The condensed consolidated financial statements include 100% of the accounts of wholly-owned and majority-owned subsidiaries and the ownership interest of the minority investor is recorded as a non-controlling interest in a subsidiary. Use of Estimates —The preparation of the condensed consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts, and the disclosures of contingent amounts in the Company’s condensed consolidated financial statements and the accompanying notes. Although the Company regularly assesses these estimates, actual results could differ from those estimates. Changes in estimates are recorded in the period in which they become known. The Company bases its estimates on historical experience and various other assumptions that it believes to be reasonable under the circumstances. Actual results could differ from management’s estimates if past experience or other assumptions are not substantially accurate. Significant estimates in these condensed consolidated financial statements include the estimation of contract transaction prices, the determination of the amortization period for contract assets, the valuation of goodwill and intangible assets, the valuation of the warrant liabilities, the estimates and assumptions associated with stock incentive plans, and the measurement of expected contingent consideration in connection with business acquisitions. Business Combinations —The Company allocates the purchase consideration of acquired companies to tangible and intangible assets acquired and liabilities assumed based on their estimated fair values at the acquisition date, with the excess recorded to goodwill. These estimates are inherently uncertain and subject to refinement. During the measurement period, which may be up to one year from the acquisition date, adjustments may be recorded to the fair value of these tangible and intangible assets acquired and liabilities assumed, including uncertain tax positions and tax-related valuation allowances, with the corresponding offset to goodwill. Upon the conclusion of the measurement period or final determination of the fair value of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to the condensed consolidated statements of operations and comprehensive income (loss). The Company estimates the fair value of contingent consideration related to business combinations on the date of acquisition (see Note 4). The fair value of the contingent consideration is remeasured each reporting period, with any change in the fair value recorded within the condensed consolidated statements of operations and comprehensive income (loss). Recently Adopted Accounting Pronouncements —Effective January 1, 2022, the Company adopted Accounting Standards Update ("ASU") 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes . This ASU is intended to reduce the complexity of accounting for income taxes. Changes include treatment of hybrid tax regimes, tax basis step-up in goodwill obtained in a transaction that is not a business combination, separate financial statements of legal entities not subject to tax, intra period tax allocation, ownership changes in investments, interim-period accounting for enacted changes in tax law, and year-to-date loss limitation in interim-period tax accounting. The adoption of ASU 2019-12 did not have a material impact on the Company's condensed consolidated financial statements. Recently Issued Accounting Pronouncements —In June 2016, the FASB issued ASU 2016-13, Financial Instruments — Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments , and subsequent amendments to the initial guidance: ASU 2018-19, ASU 2019-04, ASU 2019-05, and ASU 2020-03. The guidance amends the current accounting guidance and requires the measurements of all expected losses based on historical experience, current conditions and reasonable and supportable forecasts. The new guidance replaces the existing incurred loss impairment model with an expected credit loss model and requires a financial asset measured at amortized cost to be presented at the net amount expected to be collected. The guidance is effective for the Company on January 1, 2023 and early adoption is permitted. The Company is currently assessing the impact of this update on its condensed consolidated financial statements. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting , and in January 2021 subsequently issued ASU 2021-01, which refines the scope of Topic 848. These ASUs provide optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. Adoption of the expedients and exceptions is permitted upon issuance of ASU 2020-04 through December 31, 2022. The Company is currently assessing the impact of this update on its condensed consolidated financial statements

Business Combination

Business Combination	6 Months Ended
	Jun. 30, 2022
Business Combinations [Abstract]
Business Combination	3. BUSINESS COMBINATION On July 30, 2021, the Company consummated the previously announced Business Combination pursuant to the terms of the Business Combination Agreement, dated as of February 2, 2021, as amended, by and among Dragoneer, Chariot Opportunity Merger Sub, Inc. (“Chariot Merger Sub”), a Delaware corporation, and CCCIS, a Delaware corporation. Immediately upon the consummation of the Business Combination and the Transactions, Chariot Merger Sub, a wholly-owned direct subsidiary of Dragoneer, merged with and into CCCIS, with CCCIS surviving the Business Combination as a wholly-owned direct subsidiary of Dragoneer (“Merger”). In connection with the Transactions, Dragoneer changed its name to “CCC Intelligent Solutions Holdings Inc.” The Merger was accounted for as a reverse recapitalization in accordance with GAAP. Under this method of accounting, Dragoneer was treated as the acquired company for accounting purposes and the Business Combination was treated as the equivalent of CCCIS issuing stock for the net assets of Dragoneer, accompanied by a recapitalization. The net assets of Dragoneer are stated at historical cost, with no goodwill or other intangible assets recorded. Reported shares and earnings per share available to holders of CCCIS’s capital stock and equity awards prior to the Business Combination have been retroactively restated reflecting the exchange ratio of 1:340.5507 ("Exchange Ratio"). Pursuant to the Merger, at the Effective Time of the Merger (the “Effective Time”): • each share of CCCIS common stock that was issued and outstanding immediately prior to the Effective Time was automatically canceled and converted into the right to receive shares of the Company’s common stock based on the Exchange Ratio, rounded down to the nearest whole number of shares; • each option to purchase shares of CCCIS common stock, whether vested or unvested, that was outstanding and unexercised as of immediately prior to the Effective Time was assumed by the Company and became an option (vested or unvested, as applicable) to purchase a number of shares of the Company’s common stock equal to the number of shares of CCCIS common stock subject to such option immediately prior to the Effective Time multiplied by the Exchange Ratio, rounded down to the nearest whole number of shares, at an exercise price equal to the exercise price per share of such option immediately prior to the Effective Time divided by the Exchange Ratio and rounded up to the nearest whole cent; • each of Dragoneer’s redeemable Class A ordinary shares and Class B ordinary shares that were issued and outstanding immediately prior to the Effective Time was exchanged for an equal number of shares of the Company’s common stock. Concurrently with the execution of the Business Combination Agreement, the Company entered into subscription agreements with certain institutional investors (the “PIPE Investors”), pursuant to which the PIPE Investors purchased, immediately prior to the closing, an aggregate of 15,000,000 shares of the Company’s common stock at a purchase price of $ 10.00 per share. Prior to the closing, the Company entered into forward purchase agreements with Dragoneer Funding LLC and Willett Advisors LLC, pursuant to which the Company issued an aggregate of 17,500,000 forward purchase units, each consisting of one common share and one-fifth of one Public Warrant to purchase one common share for $ 11.50 per share, for a purchase price of $ 10.00 per unit. The public warrants were redeemed in December 2021 (see Note 18). Effective upon Closing, 8,625,000 shares issued and held by Dragoneer Growth Opportunities Holdings (the “Sponsor Vesting Shares”) became non-transferable and subject to forfeiture on the tenth anniversary of Closing if neither of the following triggering events has occurred: (a) the share price of the Company’s common stock has been greater than or equal to $ 13.00 per share for any twenty trading days within any thirty consecutive trading day period beginning after Closing, or (b) a change in control as defined in the Business Combination Agreement. The Sponsor Vesting Shares do not meet the criteria to be classified as a liability and are presented within stockholders’ equity. As part of the Business Combination, 15.0 million shares of the Company’s common stock (the “Company Earnout Shares”) shall be issued to CCCIS shareholders existing as of immediately prior to Closing and holders of vested and unvested equity awards of CCCIS as of the date of the Business Combination Agreement (subject to continued employment), following a triggering event (“CCC Triggering Event”). A CCC Triggering Event is defined as the earlier of (a) the first date on which the shares of the Company’s common stock have traded for greater than or equal to $ 15.00 per share for any twenty trading days within any thirty consecutive trading day period commencing after the closing or (b) a change in control as defined in the Business Combination Agreement. If a CCC Triggering Event does not occur within ten years after Closing, the CCC Earnout Shares are forfeited. The Company Earnout Shares are not issued shares and are excluded from the Company's issued and outstanding shares within its condensed consolidated statements of mezzanine equity and stockholders' equity. Upon Closing, the Company received net cash contributions of $ 763.3 million and had 603,170,380 shares of common stock outstanding.

Business Acquisition

Business Acquisition	6 Months Ended
	Jun. 30, 2022
Business Combinations [Abstract]
Business Acquisition	4. BUSINESS ACQUISITION On February 8, 2022, the Company completed its acquisition of Safekeep, Inc. (“Safekeep”), a privately held company that leverages AI to streamline and improve subrogation management across auto, property, workers’ compensation and other insurance lines of business. Leveraging Safekeep’s AI-enabled subrogation solutions, the acquisition will broaden the Company’s portfolio of cloud-based solutions available to its insurance customers. In exchange for all the outstanding shares of Safekeep, the Company paid total cash consideration of $ 32.3 million upon closing. In accordance with the acquisition agreement, the Company placed $ 6.0 million in escrow for a general indemnity holdback to be paid to the sellers within 15 months of closing subject to reduction for certain indemnifications and other potential obligations of the selling shareholders. As additional consideration for the shares, the acquisition agreement includes a contingent earnout for additional cash consideration. The potential amount of the earnout is calculated as a multiple of revenue, above a defined floor, during the 12-month measurement period ending December 31, 2024 and is not to exceed $ 90.0 million. The preliminary fair value of the contingent consideration as of the acquisition date of $ 0.2 million was estimated using a Monte Carlo simulation model that relies on unobservable inputs, including management estimates and assumptions. Thus, the contingent earnout is a Level 3 measurement. The acquisition date fair value of the consideration transferred was $ 32.5 million, which consisted of the following (in thousands): Cash paid through closing $ 32,300 Fair value of contingent earnout consideration 200 Total acquisition date fair value of the consideration transferred $ 32,500 The acquisition was accounted for as a business combination and reflects the application of acquisition accounting in accordance with Accounting Standards Codification ("ASC") Topic 805, Business Combinations . The total purchase consideration was allocated to the assets acquired and liabilities assumed based on their fair values as of the acquisition date with the excess purchase price assigned to goodwill. The goodwill was primarily attributable to the expected synergies from the combined service offerings and the value of the acquired workforce. The goodwill is not deductible for tax purposes. The Company’s estimates of the fair values of the assets acquired, liabilities assumed and contingent consideration are based on information that was available at the date of the acquisition and the Company is continuing to evaluate the underlying inputs and assumptions used in its valuations. Accordingly, these preliminary estimates are subject to change during the measurement period, which is up to one year from the date of acquisition. There have been no material changes to the preliminary purchase price allocation during the three months ended June 30, 2022. The following table summarizes the allocation of the consideration to the fair values of the assets acquired and liabilities assumed at the acquisition date (in thousands): Assets acquired: Current assets $ 150 Intangible asset - acquired technology 4,800 Deferred tax assets 314 Total assets acquired 5,264 Liabilities assumed: Current liabilities 147 Total liabilities assumed 147 Net assets acquired 5,117 Goodwill 27,383 Total purchase price $ 32,500 The acquired technology intangible asset has an estimated useful life of seven years and is being amortized on a straight-line basis. The fair value of the acquired technology intangible asset was determined by valuation models based on estimates of future operating projections as well as judgments on the discount rates and other variables. This fair value measurement is based on significant unobservable inputs, including management estimates and assumptions and thus represents a Level 3 measurement. The transaction costs associated with the acquisition were $ 1.2 million for the six months ended June 30, 2022 , and are included in general and administrative expenses within the condensed consolidated statements of operations and comprehensive income (loss).

Revenue

Revenue	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue	5. REvenue Disaggregation of Revenue —The Company provides disaggregation of revenue based on type of service as it believes these categories best depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. The following table summarizes revenue by type of service for the three and six months ended June 30, 2022 and 2021 (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Software subscriptions $ 185,499 $ 159,841 $ 365,317 $ 311,865 Other 7,287 6,948 14,292 12,713 Total revenues $ 192,786 $ 166,789 $ 379,609 $ 324,578 Transaction Price Allocated to the Remaining Performance Obligations —Remaining performance obligations represent contracted revenue that has not yet been recognized, which includes deferred revenue and amounts that will be invoiced and recognized as revenue in future periods. As of June 30, 2022, approximately $ 1,335 million of revenue is expected to be recognized from remaining performance obligations in the amount of approximately $ 524 million during the following twelve months, and approximat ely $ 811 million thereafter. The estimated revenues do not include unexercised contract renewals. The remaining performance obligations exclude future transaction revenue where revenue is recognized as the services are rendered and in the amount to which the Company has the right to invoice. Deferred Revenue —Revenue recognized for the three months ended June 30, 2022 from amounts in deferred revenue as of March 31, 2022 was $ 32.2 million. Revenue recognized for the three months ended June 30, 2021 from amounts in deferred revenue as of March 31, 2021 was $ 26.4 million . Revenue recognized for the six months ended June 30, 2022 from amounts in deferred revenue as of December 31, 2021 was $ 30.2 million. Revenue recognized for the six months ended June 30, 2021 from amounts in deferred revenue as of December 31, 2020 was $ 25.6 million. Contract Assets and Liabilities — The opening and closing balances of the Company’s receivables, contract assets and contract liabilities from contracts with customers are as follows (in thousands): June 30, December 31, 2022 2021 Accounts receivables-net of allowances $ 82,816 $ 78,793 Deferred contract costs 16,021 15,069 Long-term deferred contract costs 19,869 22,117 Other assets (accounts receivable, non-current) 14,201 8,622 Deferred revenues 33,298 31,042 Other liabilities (deferred revenues, non-current) 1,444 1,574 A summary of the activity impacting deferred revenue balances during the three and six months ended June 30, 2022 and 2021, is presented below (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Balance at beginning of period $ 34,900 $ 30,109 $ 32,616 $ 28,515 Revenue recognized 1 ( 92,823 ) ( 82,159 ) ( 182,255 ) ( 163,121 ) Additional amounts deferred 1 92,665 82,806 184,381 165,362 Balance at end of period $ 34,742 $ 30,756 $ 34,742 $ 30,756 Classified as: Current $ 33,298 $ 28,824 $ 33,298 $ 28,824 Non-current 1,444 1,932 1,444 1,932 Total deferred revenue $ 34,742 $ 30,756 $ 34,742 $ 30,756 1 Amounts include total revenue deferred and recognized during each respective period. A summary of the activity impacting the deferred contract costs during the three and six months ended June 30, 2022 and 2021 is presented below (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Balance at beginning of period $ 36,948 $ 26,554 $ 37,186 $ 26,361 Costs amortized ( 4,407 ) ( 3,612 ) ( 8,628 ) ( 7,317 ) Additional amounts deferred 3,349 5,725 7,332 9,623 Balance at end of period $ 35,890 $ 28,667 $ 35,890 $ 28,667 Classified as: Current $ 16,021 $ 12,681 $ 16,021 $ 12,681 Non-current 19,869 15,986 19,869 15,986 Total deferred contract costs $ 35,890 $ 28,667 $ 35,890 $ 28,667

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	6. FAIR VALUE measurements Assets and Liabilities Measured at Fair Value on a Recurring Basis —As of June 30, 2022, the Company's Private Warrants and contingent consideration liability related to a business acquisition are measured at fair value on a recurring basis. The Private Warrants are valued using Level 1 and Level 2 inputs within the Black-Scholes option-pricing model. The assumptions utilized under the Black-Scholes option pricing model require judgments and estimates. Changes in these inputs and assumptions could affect the measurement of the estimated fair value of the Private Warrants. Accordingly, the Private Warrants are classified within Level 2 of the fair value hierarchy. The valuation of the Private Warrants as of June 30, 2022 and December 31, 2021 was determined using the Black-Scholes option pricing model using the following assumptions: June 30, December 31, 2022 2021 Expected term (in years) 4.1 4.6 Expected volatility 35 % 35 % Expected dividend yield 0 % 0 % Risk-free interest rate 3.00 % 1.20 % Fair value at valuation date $ 2.21 $ 3.51 The contingent consideration liability related to the acquisition of Safekeep (see Note 4) is recorded at our estimate of fair value on the acquisition date and is adjusted each reporting period for changes in fair value, which can result from changes in anticipated payments and changes in assumed discount rates. These inputs are unobservable in the market and therefore categorized as Level 3 inputs. The estimated fair value of the contingent consideration at June 30, 2022 was determined using probability-weighted discounted cash flows and a Monte Carlo simulation model. The discount rate, based on the Company's estimated cost of debt, was 9.0 %. Since the date of the business acquisition of Safekeep, there has been no change in the estimated fair value of the Company's contingent consideration liability and the Company has not recognized any gain (loss) for a change in the estimated fair value of contingent consideration during the three and six months ended June 30, 2022. The following table presents the fair value of the assets and liabilities measured at fair value on a recurring basis at June 30, 2022 (in thousands): Liabilities Fair Value Level 1 Level 2 Level 3 Contingent consideration related to business acquisition $ 200 $ — $ — $ 200 Private warrants 39,338 — 39,338 — Total $ 39,538 $ — $ 39,338 $ 200 The following table presents the fair value of the assets and liabilities measured at fair value on a recurring basis at December 31, 2021 (in thousands): Liabilities Fair Value Level 1 Level 2 Level 3 Private warrants $ 62,478 $ — $ 62,478 $ — Total $ 62,478 $ — $ 62,478 $ — Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis —The Company has assets that under certain conditions are subject to measurement at fair value on a nonrecurring basis. These assets include those associated with acquired businesses, including goodwill and other intangible assets. For these assets, measurement at fair value in periods subsequent to their initial recognition is applicable if one or more is determined to be impaired. During the three and six months ended June 30, 2022 and 2021 , the Company recognized no impairment related to these assets. Fair Value of Other Financial Instruments — The following table presents the carrying amounts, net of debt discount, and estimated fair values of the Company’s financial instruments that are not recorded at fair value on the condensed consolidated balance sheets (in thousands): June 30, 2022 December 31, 2021 Carrying Estimated Carrying Estimated Description Amount Fair Value Amount Fair Value Term B Loan, including current portion $ 794,204 $ 772,120 $ 798,073 $ 799,000 The fair value of the Company’s long-term debt, including current maturities, was estimated based on the quoted market prices for the same or similar instruments and fluctuates with changes in applicable interest rates among other factors. The fair value of long-term debt is classified as a Level 2 measurement in the fair value hierarchy and is established based on observable inputs in less active markets.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	7. INCOME TAXES The Company’s effective tax rate for the three months ended June 30, 2022 and 2021 was 39.4 % and 38.4 %, respectively. The effective tax rate for the three months ended June 30, 2022 was higher than the June 30, 2021 effective tax rate primarily due to non-deductible executive compensation. The Company's effective tax rate for the six months ended June 30, 2022 and 2021 was 25.2 % and 35.6 %, respectively. The effective tax rate for the six months ended June 30, 2022 was lower than the effective tax rate for the six months June 30, 2021 primarily due to the tax benefit received related to share-based compensation expense as well as the tax benefit associated with the re-measurement of the Company’s deferred tax liability for changes in state tax rates. The Company made income tax payments of $ 38.9 million and $ 6.5 million for the three months ended June 30, 2022 and 2021, respectively. The Company received negligible refunds from the Internal Revenue Service and various states for the three months ended June 30, 2022 and 2021. The Company made income tax payments of $ 39.0 million and $ 10.4 million for the six months ended June 30, 2022 and 2021, respectively. The Company received refunds from various states totaling $ 50 thousand and $ 16 thousand for the six months ended June 30, 2022 and 2021, respectively. As of June 30, 2022, unrecognized tax benefits were materially consistent with the amount at December 31, 2021. We anticipate this amount will decrease from $ 3.6 million to $ 3.4 million over the following twelve months, as the increase related to fiscal year 2022 is offset by decreases related to statute expirations.

Accounts Receivable

Accounts Receivable	6 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
Accounts Receivable	8. accounts receivable Accounts receivable–net as of June 30, 2022 and December 31, 2021, consists of the following (in thousands): June 30, December 31, 2022 2021 Accounts receivable $ 87,112 $ 82,584 Allowance for doubtful accounts and sales reserves ( 4,296 ) ( 3,791 ) Accounts receivable–net $ 82,816 $ 78,793 Changes to the allowance for doubtful accounts and sales reserves during the three and six months ended June 30, 2022 and 2021, consist of the following (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Balance at beginning of period $ 4,161 $ 3,931 $ 3,791 $ 4,224 Charges to bad debt and sales reserves 704 640 1,936 1,706 Write-offs, net ( 569 ) ( 353 ) ( 1,431 ) ( 1,712 ) Balance at end of period $ 4,296 $ 4,218 $ 4,296 $ 4,218

Other Current Assets

Other Current Assets	6 Months Ended
	Jun. 30, 2022
Prepaid Expense and Other Assets, Current [Abstract]
Other Current Assets	9. OTHER CURRENT ASSETS Other current assets as of June 30, 2022 and December 31, 2021, consist of the following (in thousands): June 30, December 31, 2022 2021 Prepaid service fees $ 7,107 $ 8,623 Prepaid software and equipment maintenance 4,991 7,593 Prepaid SaaS costs 4,926 5,909 Non-trade receivables 1,671 8,321 Prepaid insurance 456 4,416 Other 11,489 11,319 Total $ 30,640 $ 46,181

Software, Equipment, And Proper

Software, Equipment, And Property	6 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Software, Equipment, and Property	10. SOFTWARE, EQUIPMENT, AND PROPERTY Software, equipment, and property as of June 30, 2022 and December 31, 2021, consist of the following (in thousands): June 30, December 31, 2022 2021 Software, licenses and database $ 157,077 $ 140,692 Leasehold improvements 33,215 34,880 Computer equipment 32,544 31,635 Building and land 4,910 4,910 Furniture and other equipment 3,241 5,343 Total software, equipment, and property 230,987 217,460 Less accumulated depreciation and amortization ( 87,358 ) ( 81,615 ) Net software, equipment, and property $ 143,629 $ 135,845 Depreciation and amortization expense related to software, equipment and property was $ 6.7 million and $ 5.3 million for the three months ended June 30, 2022 and 2021 , respectively. Depreciation and amortization expense related to software, equipment and property was $ 13.5 million and $ 10.5 million for the six months ended June 30, 2022 and 2021 , respectively.

Leases

Leases	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Leases	11. LEASES The Company leases real estate in the form of office space and data center facilities. Generally, at the inception of the contract, the term for real estate leases ranges from 1 to 17 years and the term for equipment leases is 1 to 3 years. Some real estate leases include options to renew that can extend the original term by 3 to 5 years. The components of lease expense for the three and six months ended June 30, 2022 and 2021 were as follows (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Operating lease costs $ 2,108 $ 4,542 $ 5,674 $ 9,136 Variable lease costs 574 461 1,411 1,063 Total lease costs $ 2,682 $ 5,003 $ 7,085 $ 10,199 Supplemental cash flow and other information related to leases for the three and six months ended June 30, 2022 and 2021 were as follows (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Cash payments for operating leases $ 3,230 $ 3,030 $ 5,746 $ 5,998 Operating lease assets obtained in exchange for lease liabilities 109 2,365 109 2,365

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	12. GOODWILL AND INTANGIBLE ASSETS Goodwill —Goodwill was recorded in connection with business acquisitions. No goodwill impairments were recorded during the six months ended June 30, 2022 and 2021. For the year ended December 31, 2021, the Company performed its annual impairment assessment as of September 30, 2021, which indicated no impairment and there was no change to the carrying amount of goodwill. Changes in the net carrying amount of goodwill during the six months ended June 30, 2022 were as of follows: Net Carrying Amount Balance as of December 31, 2021 1,466,884 Acquisition of Safekeep, Inc. 27,383 Balance as of June 30, 2022 1,494,267 Intangible Assets —The Company’s intangible assets are primarily the result of business acquisitions. During the three and six months ended June 30, 2022 and 2021 , the Company did no t record an impairment charge. During February 2022, the Company recorded $ 4.8 million of acquired technology intangible assets as a result of the acquisition of Safekeep (see Note 4). The intangible assets balance as of June 30, 2022, is reflected below (in thousands): Weighted- Average Estimated Remaining Gross Net Useful Life Useful Life Carrying Accumulated Carrying (Years) (Years) Amount Amortization Amount Customer relationships 16 – 18 12.8 $ 1,299,750 $ ( 373,963 ) $ 925,787 Acquired technologies 3 – 7 2.2 187,955 ( 135,763 ) 52,192 Subtotal 1,487,705 ( 509,726 ) 977,979 Trademarks—indefinite life 190,470 — 190,470 Total intangible assets $ 1,678,175 $ ( 509,726 ) $ 1,168,449 The intangible assets balance as of December 31, 2021, is reflected below (in thousands): Weighted- Average Estimated Remaining Gross Net Useful Life Useful Life Carrying Accumulated Carrying (Years) (Years) Amount Amortization Amount Customer relationships 16 – 18 13.3 $ 1,299,750 $ ( 337,831 ) $ 961,919 Acquired technologies 3 – 7 2.3 183,164 ( 122,318 ) 60,846 Favorable lease terms 6 0.3 280 ( 266 ) 14 Subtotal 1,483,194 ( 460,415 ) 1,022,779 Trademarks—indefinite life 190,470 — 190,470 Total intangible assets $ 1,673,664 $ ( 460,415 ) $ 1,213,249 Amortization expense for intangible assets was $ 24.8 million and $ 24.7 million for the three months ended June 30, 2022 and 2021, respectively. Amortization expense for intangible assets was $ 49.6 million and $ 49.3 million for the six months ended June 30, 2022 and 2021, respectively. Future amortization expense for the remainder of the year ended December 31, 2022 and the following four years ended December 31 and thereafter for intangible assets as of June 30, 2022, is as follows (in thousands): Years Ending December 31: 2022 $ 49,637 2023 99,003 2024 81,417 2025 72,949 2026 72,949 Thereafter 602,024 Total $ 977,979

Accrued Expenses

Accrued Expenses	6 Months Ended
	Jun. 30, 2022
Payables and Accruals [Abstract]
Accrued Expenses	13. ACCRUED EXPENSES Accrued expenses as of June 30, 2022 and December 31, 2021, consist of the following (in thousands): June 30, December 31, 2022 2021 Compensation $ 38,589 $ 49,510 Professional services 5,335 2,371 Software license agreement 5,166 3,265 Royalties and licenses 3,731 2,640 Employee insurance benefits 2,702 2,443 Sales tax 2,646 2,296 Other 2,472 4,166 Total $ 60,641 $ 66,691

Other Liabilities

Other Liabilities	6 Months Ended
	Jun. 30, 2022
Other Liabilities Disclosure [Abstract]
Other Liabilities	14. OTHER LIABILITIES Other liabilities as of June 30, 2022 and December 31, 2021, consist of the following (in thousands): June 30, December 31, 2022 2021 Deferred revenue-non-current $ 1,444 $ 1,574 Software license agreement 1,215 4,211 Contingent consideration 200 — Total $ 2,859 $ 5,785

Long-Term Debt

Long-Term Debt	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Long-Term Debt	15. LONG-TERM DEBT On September 21, 2021, CCC Intelligent Solutions Inc., an indirect wholly-owned subsidiary of the Company, together with certain of the Company’s subsidiaries acting as guarantors entered into a credit agreement (the “2021 Credit Agreement”). The 2021 Credit Agreement replaced the Company’s 2017 First Lien Credit Agreement (the “First Lien Credit Agreement”), dated as of April 27, 2017, as amended as of February 14, 2020. The proceeds of the 2021 Credit Agreement were used to repay all outstanding borrowings under the First Lien Credit Agreement. 2021 Credit Agreement —The 2021 Credit Agreement consists of an $ 800.0 million term loan (“Term B Loan”) and a revolving credit facility for an aggregate principal amount of $ 250.0 million (the “2021 Revolving Credit Facility”). The 2021 Revolving Credit Facility has a sublimit of $ 75.0 million for letters of credit. The Company received proceeds of $ 798.0 million, net of debt discount of $ 2.0 million, related to the Term B Loan. At June 30, 2022 and December 31, 2021 , the unamortized debt discount was $ 1.8 million and $ 1.9 million respectively. The Company incurred $ 9.8 million in financing costs related to the Term B Loan. These costs were recorded to a contra debt account and are being amortized to interest expense over the term of the Term B Loan using the effective interest method. As of June 30, 2022 and December 31, 2021 , the unamortized financing costs were $ 8.8 million and $ 9.5 million, respectively. The Company incurred $ 3.1 million in financing costs related to the 2021 Revolving Credit Facility. These costs were recorded to a deferred financing fees asset account and are being amortized to interest expense over the term of the 2021 Revolving Credit Facility using the effective interest method. As of June 30, 2022 and December 31, 2021 , the deferred financing fees asset balance was $ 2.6 million and $ 2.9 million, respectively. Beginning with the quarter ended March 31, 2022, the Term B Loan requires quarterly principal payments of $ 2.0 million until June 30, 2028 , with the remaining outstanding principal amount required to be paid on the maturity date, September 21, 2028 . Beginning with the year ending December 31, 2022, the Term B Loan requires a prepayment of principal, subject to certain exceptions, in connection with the receipt of proceeds from certain asset sales, casualty events, and debt issuances by the Company, and up to 50 % of annual excess cash flow, as defined in and as further set forth in the 2021 Credit Agreement. When a principal prepayment is required, the prepayment offsets the future quarterly principal payments of the same amount. As of June 30, 2022 , the Company was not subject to the annual excess cash flow calculation and no such principal prepayments are required. As of June 30, 2022 and December 31, 2021, the amount outstanding on the Term B L oan is $ 796.0 million and $ 800.0 million, respectively. As of June 30, 2022 and December 31, 2021, $ 8.0 million of the amount outstanding on the Term B Loan is classified as current in the accompanying condensed consolidated balance sheets. Borrowings under the 2021 Credit Facility bear interest at rates based on the ratio of the Company’s and its subsidiaries’ consolidated first lien net indebtedness to the Company’s and its subsidiaries’ consolidated EBITDA for applicable periods specified in the 2021 Credit Facility. A quarterly commitment fee of up to 0.50 % is payable on the unused portion of the 2021 Revolving Credit Facility. During the three months ended June 30, 2022, the weighted-average interest rate on the outstanding borrowings under the Term B Loan was 3.3 %. The Company made interest payments of $ 6.6 million during the three months ended June 30, 2022. During the six months ended June 30, 2022, the weighted-average interest rate on the outstanding borrowings under the Term B Loan was 3.2 %. The Company made interest payments of $ 12.5 million during the six months ended June 30, 2022. The Company issued a standby letter of credit for $ 0.7 million during 2021 which reduces the amount available to be borrowed under the 2021 Revolving Credit Facility and at June 30, 2022 and December 31, 2021 , $ 249.3 million was available to be borrowed. In addition, beginning with the three months ended March 31, 2022, the terms of the 2021 Credit Agreement include a financial covenant which requires that, at the end of each fiscal quarter, if the aggregate amount of borrowings under the 2021 Revolving Credit Facility exceeds 35 % of the aggregate commitments, the Company’s leverage ratio cannot exceed 6.25 to 1.00 . As of June 30, 2022, the Company was not subject to the financial covenant. First Lien Credit Agreement —In April 2017, the Company entered into the First Lien Credit Agreement. The First Lien Credit Agreement consisted of a $ 1.0 billion term loan (“First Lien Term Loan”) and revolving credit facilities for an aggregate principal amount of $ 100.0 million (the “First Lien Revolvers”), with a sublimit of $ 30.0 million for letters of credit under the First Lien Revolvers. The Company received proceeds of $ 997.5 million, net of debt discount of $ 2.5 million, related to the First Lien Term Loan. In February 2020, the Company refinanced its long-term debt and entered into the First Amendment to the First Lien Credit Agreement (“First Lien Amendment”). The proceeds of the refinance were used to repay the outstanding balance of the Company's Second Lien Credit Agreement, entered into in April 2017. The First Lien Amendment provided an incremental term loan in the amount of $ 375.0 million. The Company received proceeds from the incremental term loan of $ 373.1 million, net of debt discount of $ 1.9 million. In addition, the First Lien Amendment reduced the amount of commitments under the First Lien Revolvers to an aggregate principal amount of $ 91.3 million. The First Lien Revolvers continued to have a sublimit of $ 30.0 million for letters of credit. The Company incurred $ 27.6 million and $ 3.4 million in financing costs related to the First Lien Credit Agreement and First Lien Amendment, respectively. These costs were recorded to a contra debt account and were being amortized to interest expense over the term of the First Lien Credit Agreement using the effective interest method. The First Lien Term Loan required (after giving effect to the First Lien Amendment) quarterly principal payments of approximately $ 3.5 million until March 31, 2024, with the remaining outstanding principal amount required to be paid on the maturity date, April 27, 2024. The First Lien Term Loan required a prepayment of principal, subject to certain exceptions, in connection with the receipt of proceeds from certain asset sales, casualty events, and debt issuances by the Company, and up to 50 % of annual excess cash flow, as defined in and as further set forth in the First Lien Credit Agreement. When a principal prepayment was required, the prepayment offset the future quarterly principal payments of the same amount. As of December 31, 2020, subject to the request of the lenders of the First Lien Term Loan, a principal prepayment of up to $ 21.9 million was required. In April 2021, the Company made a principal prepayment of $ 1.5 million to those lenders who made such a request. Using a portion of the proceeds of the Business Combination, the Company made a principal prepayment of $ 525.0 million on July 30, 2021. Subsequently, in September 2021, using the proceeds from the Term B Loan provided in the 2021 Credit Agreement, the Company fully repaid the remaining $ 804.2 million of outstanding borrowings on the First Lien Term Loan. Amounts outstanding under the First Lien Credit Agreement bore interest at a variable rate of LIBOR, plus up to 3.00 % per annum based upon the Company’s leverage ratio, as defined in the First Lien Credit Agreement. A quarterly commitment fee of up to 0.50 % was payable on the unused portion of the First Lien Revolvers. During the three months ended June 30, 2021 , the weighted-average interest rate on the outstanding borrowings under the First Lien Term Loan was 4.1 %. The Company made interest payments of $ 13.5 million during the three months ended June 30, 2021. During the six months ended June 30, 2021 , the weighted-average interest rate on the outstanding borrowings under the First Lien Term Loan was 4.1 %. The Company made interest payments of $ 26.8 million during the six months ended June 30, 2021. Long-term debt as of June 30, 2022 and December 31, 2021, consists of the following (in thousands): June 30, December 31, 2022 2021 Term B Loan $ 796,000 $ 800,000 Term B Loan—discount ( 1,795 ) ( 1,926 ) Term B Loan—deferred financing fees ( 8,821 ) ( 9,464 ) Term B Loan—net of discount & fees 785,384 788,610 Less: Current portion ( 8,000 ) ( 8,000 ) Total long-term debt—net of current portion $ 777,384 $ 780,610 Interest Rate Swaps —In June 2017, the Company entered into three floating to fixed interest rate swap agreements ("Swap Agreements") to reduce its exposure to the variability from future cash flows resulting from interest rate risk related to its floating rate long-term debt. In September 2021, the Company extinguished the Swap Agreements which were scheduled to expire in June 2022 .

Capital Stock

Capital Stock	6 Months Ended
	Jun. 30, 2022
Stockholders' Equity Note [Abstract]
Capital Stock	16. Capital stock Preferred Stock —The Company is authorized to issue up to 100,000,000 shares of undesignated preferred stock with a par value of $ 0.0001 per share with such designations, voting and other rights and preferences as may be determined from time to time by the Company’s board of directors. As of June 30, 2022 , there were no shares of preferred stock issued or outstanding. Common Stock —The Company is authorized to issue up to 5,000,000,000 shares of common stock with a par value of $ 0.0001 per share. Each holder of common stock is entitled to one (1) vote for each share of common stock held of record by such holder on all matters voted upon by the stockholders, subject to the restrictions set out in the Company's certificate of incorporation. Holders of common stock are entitled to receive any dividends as may be declared from time to time by the board of directors. Upon a liquidation event, subject to the rights of the holders of any Preferred Stock issued and outstanding at such time, any distribution shall be made on a pro rata basis to the common stockholders. There were 615,501,951 a nd 609,768,296 shares of common stock issued and outstanding as of June 30, 2022 and December 31, 2021, respectively. During April 2022, certain existing shareholders completed a secondary offering where the selling shareholders sold 20,000,000 shares of common stock at a price to the public of $ 9.70 per share. The Company did not receive any of the proceeds from the sale of the shares by the existing stockholders. In connection with the offering, the Company incurred $ 0.3 million of offering costs during the three months ended June 30, 2022 and $ 1.2 million of offering costs during the six months ended June 30, 2022, which are included within general and administrative expenses on the condensed consolidated statements of operations and comprehensive income (loss). Dividend —In March 2021, the board of directors of CCCIS declared a cash dividend on common stock. The aggregate cash dividend of $ 134.5 million was paid on March 17, 2021.

Stock Incentive Plans

Stock Incentive Plans	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Stock Incentive Plans	17. STOCK INCENTIVE PLANS In connection with the closing of the Business Combination, the 2021 Equity Incentive Plan (the "2021 Plan") was adopted and approved by the Company's board of directors. Prior to the Business Combination, the Company maintained its 2017 Stock Option Plan (the “2017 Plan”). Upon the adoption and approval of the 2021 Plan, the 2017 Plan was terminated and each outstanding vested or unvested option, as required under the 2017 Plan, was converted to the 2021 Plan, multiplied by the Exchange Ratio, with the same key terms and vesting requirements. Awards granted under the 2017 Plan had time-based vesting or performance-based with a market condition vesting requirements. Stock options granted under the 2017 Plan expire on the tenth anniversary of the grant date. Additionally, the Company maintained a Phantom Stock Plan (the “Phantom Plan”), which provided for the issuance of phantom shares of CCCIS’s common stock (“Phantom Shares”) to eligible employees under the 2017 Plan. Awards under the Phantom Plan were settled in cash and thus accounted for as liability awards. Phantom Shares vested under the same time-based or performance-based with a market condition as the stock options granted under the 2017 Plan. Upon consummation of the Business Combination, the outstanding Phantom Shares were settled in cash in November 2021. Stock Options — The table below summarizes the option activity for the six months ended June 30, 2022: Weighted- Average Weighted- Remaining Aggregate Average Contractual Intrinsic Exercise Life Value Shares Price (in years) (in thousands) Options outstanding—December 31, 2021 55,644,495 $ 2.95 6.0 $ 469,591 Exercised ( 5,682,071 ) 2.71 Forfeited and canceled ( 222,234 ) 4.67 Options outstanding—June 30, 2022 49,740,190 $ 2.97 5.4 $ 309,841 Options exercisable—June 30, 2022 45,634,668 $ 2.73 5.1 $ 295,200 Options vested and expected to vest—June 30, 2022 49,436,255 $ 2.95 5.3 $ 308,786 The fair value of the options vested during the six months ended June 30, 2022 was $ 8.1 million. Restricted Stock Units —Restricted Stock Units (“RSUs”) are convertible into shares of the Company’s common stock upon vesting. During the six months ended June 30, 2022, the Company granted 15,561,624 RSUs, of which 14,191,160 have time-based vesting requirements, 685,257 have performance-based vesting requiremen ts and 685,207 have performance-based with a market condition vesting requirements. The valuation of the performance-based RSUs with a market condition granted during the six months ended June 30, 2022 was determined using a Monte Carlo simulation model using the following assumptions: Expected term (in years) 2.8 Expected volatility 35 % Expected dividend yield 0 % Risk-free interest rate 2.28 % Fair value at valuation date $ 7.42 The table below summarizes the RSU activity for the six months ended June 30, 2022: Weighted- Average Shares Fair Value Non-vested RSUs—December 31, 2021 18,558,211 $ 10.74 Granted 15,561,624 10.14 Vested ( 103,124 ) 9.68 Forfeited ( 701,723 ) 11.08 Non-vested RSUs—June 30, 2022 33,314,988 10.46 Employee Stock Purchase Plan —As of June 30, 2022 , 6,031,714 sh ares of common stock are reserved for sale under the ESPP. The aggregate number of shares reserved for sale under the ESPP increases on January 1 by the lesser of 1 % of the total numbers of shares outstanding or a lesser amount as determined by the board of directors. As of June 30, 2022 , no shares had been sold under the ESPP. Stock-Based Compensation —Stock-based compensation expense has been recorded in the accompanying condensed consolidated statements of operations and comprehensive income (loss) as follows for the three and six months ended June 30, 2022 and 2021 (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Cost of revenues $ 1,661 $ 176 $ 2,510 $ 394 Research and development 5,530 700 9,060 1,275 Sales and marketing 6,611 735 11,441 1,289 General and administrative 14,601 1,272 29,036 12,579 Total stock-based compensation expense $ 28,403 $ 2,883 $ 52,047 $ 15,537 As of June 30, 2022, there was $ 203.7 million of unrecognized stock compensation expense related to non-vested time-based awards which is expected to be recognized over a weighted-average period o f 3.3 y ears. As of June 30, 2022, there was $ 93.5 million of unrecognized stock-based compensation expense related to non-vested performance-based awards.

Warrants

Warrants	6 Months Ended
	Jun. 30, 2022
Warrants and Rights Note Disclosure [Abstract]
Warrants	18. WARRANTS Upon consummation of the Business Combination (see Note 3), the Company assumed the outstanding Public Warrants and Private Warrants issued by Dragoneer. As of June 30, 2022 and December 31, 2021 , the Company had 17,800,000 Private Warrants outstanding and no Public Warrants outstanding. Public Warrants were only able to be exercised for a whole number of shares of the Company’s common stock. All Public Warrants had an exercise price of $ 11.50 per share, subject to adjustment, beginning on August 29, 2021, and were to expire on July 30, 2026 or earlier upon redemption or liquidation. On November 29, 2021, the Company announced that it had elected to redeem all of the outstanding Public Warrants on December 29, 2021. Each Public Warrant not exercised before 5:00 p.m. Eastern Daylight Time on December 29, 2021 was redeemed by the Company for $ 0.10 and the Public Warrants subsequently ceased trading on the New York Stock Exchange. Of the 17,299,983 Public Warrants that were outstanding as of the closing of the Business Combination, 10,638 warrants were exercised for cash proceeds of $ 0.1 million and 15,876,341 were exercised on a cashless basis in exchange for an aggregate of 4,826,339 shares of common stock. The Company paid $ 0.1 million to redeem the remaining 1,413,004 unexercised Public Warrants. As of December 31, 2021, there were no Public Warrants outstanding. The Private Warrants are identical to the Public Warrants underlying the shares sold in Dragoneer’s initial public offering. Additionally, the Private Warrants are exercisable on a cashless basis and are non-redeemable, so long as they are held by the initial purchasers or their permitted transferees. If the Private Warrants are held by someone other than the initial purchasers or their permitted transferees, the Private Warrants will be redeemable by the Company and exercisable by such holders on the same basis as the Public Warrants. Private Warrants may only be exercised for a whole number of shares of the Company’s common stock. Each whole Private Warrant entitles the registered holder to purchase one share of the Company’s common stock. All warrants have an exercise price of $ 11.50 per share, subject to adjustment, beginning on August 29, 2021 , and will expire on July 30, 2026 or earlier upon redemption or liquidation. There were no exercises or redemptions of the Private Warrants during the three and six months ended June 30, 2022. The Company recognized inco me of $ 21.0 mil lion and $ 23.1 million as a change in fair value of warrant liabilities in the condensed consolidated statements of operations and comprehensive income (loss) for the three and six months ended June 30, 2022, respectively. At June 30, 2022 and December 31, 2021 , the Company’s warrant liability was $ 39.3 million and $ 62.5 million, respectively.

Commitments

Commitments	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments	19. COMMITMENTS Purchase Obligations —The Company has long-term agreements with suppliers and other parties related to licensing data used in its products and services, outsourced data center, disaster recovery, and software as a service that expire at various dates through 2031 . As of June 30, 2022, there were no material changes from the amounts disclosed as of December 31, 2021. Guarantees— The Company’s services and solutions are typically warranted to perform in a manner consistent with general industry standards that are reasonably applicable and substantially in accordance with the Company’s services and solutions documentation under normal use and circumstances. The Company’s services and solutions are generally warranted to be performed in a professional manner and to materially conform to the specifications set forth in the related customer contract. The Company’s arrangements also include certain provisions for indemnifying customers against liabilities if its services and solutions infringe a third party’s intellectual property rights. To date, the Company has not incurred any material costs as a result of such indemnifications or commitments and has not accrued any liabilities related to such obligations in the accompanying consolidated financial statements. Employment Agreements —The Company is a party to employment agreements with key employees that provide for compensation and certain other benefits. These agreements also provide for severance and bonus payments under certain circumstances.

Legal Proceedings and Contingen

Legal Proceedings and Contingencies	6 Months Ended
	Jun. 30, 2022
Legal Proceedings And Contingencies [Abstract]
Legal Proceedings and Contingencies	20. LEGAL PROCEEDINGS AND CONTINGENCIES In the ordinary course of business, the Company is from time to time, involved in various pending or threatened legal actions. The litigation process is inherently uncertain, and it is possible that the resolution of such matters might have a material adverse effect upon the Company’s consolidated financial condition and/or results of operations. The Company’s management believes, based on current information, matters currently pending or threatened are not expected to have a material adverse effect on the Company’s consolidated financial position or results of operations.

Related Parties

Related Parties	6 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
Related Parties	21. ReLATED PARTIES The Company has engaged in transactions within the ordinary course of business with entities affiliated with its principal equity owners. The Company recognized revenue from a customer that is affiliated with one of its principal equity owners. The Company recognized revenue of $ 0.2 million and $ 0.3 million fr om the related party customer during the three and six months ended June 30, 2022, respectively. Revenue was de minimis for the three and six months ended June 30, 2021. The associated receivable from the customer at June 30, 2022 and December 31, 2021 was de minimis. The Company incurred expenses for employee health insurance benefits with an entity affiliated with one of its principal equity owners. The Company incurred expenses o f $ 0.8 million and $ 1.6 million during the three and six months ended June 30, 2022, respectively. The Company incurred expenses of $ 0.8 million and $ 1.6 million during the three and six months ended June 30, 2021, respectively. The associated payable as of June 30, 2022 and December 31, 2021 was $ 0.3 million and $ 0.2 million, respectively. The Company incurred expenses for human resource support services with an entity affiliated with one of its principal equity owners. The Company incurred associated expenses of a de minimis amount and $ 0.1 million during the three and six months ended June 30, 2022, respectively. The Company incurred associated expenses of $ 0.1 million and $ 0.05 million during the three and six months ended June 30, 2021. The associated payable for the human resource support services was de minimis at June 30, 2022 and December 31, 2021. The Company incurred expenses for sales tax processing services and license fees for tax information with an entity affiliated with one of its board members. The Company incurred expenses with the affiliated entity of $ 0.1 million and $ 0.3 million during the three and six months ended June 30, 2022, respectively. The Company incurred expenses with the affiliated entity of a de minimis amount during the three and six months ended June 30, 2021. There was no associated payable at June 30, 2022 and December 31, 2021. The Company reimburses its principal equity owners for services and any related travel and out-of-pocket expenses. The Company's expenses for services, travel and out-of-pocket expenses were de minimis during the three and six months ended June 30, 2022 and 2021. The associated payable was de minimis as of June 30, 2022 and December 31, 2021.

Net Income (Loss) Per Share

Net Income (Loss) Per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Net Income (Loss) Per Share	22. NET INCOME (LOSS) PER SHARE The Company calculates basic earnings per share by dividing the net income (loss) by the weighted average number of shares of common stock outstanding for the period. The diluted earnings per share is computed by assuming the exercise, settlement and vesting of all potential dilutive common stock equivalents outstanding for the period using the treasury stock method. The Company excludes common stock equivalent shares from the calculation if their effect is anti-dilutive. In a period where the Company is in a net loss position, the diluted loss per share is calculated using the basic share count. The 8,625,000 Sponsor Vesting Shares that are issued and outstanding at June 30, 2022 are excluded from the weighted average number of shares of common stock outstanding until the vesting requirement is met and the restriction is removed. The following table sets forth a reconciliation of the numerator and denominator used to compute basic and diluted earnings per share of common stock (in thousands, except for share and per share data). For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Numerator Net income (loss) $ 15,564 $ 3,816 $ 27,539 $ ( 1,268 ) Denominator Weighted average shares of common stock - basic 605,948,628 505,430,380 604,534,589 505,252,635 Dilutive effect of stock-based awards 34,016,068 18,257,118 36,115,708 — Weighted average shares of common stock - diluted 639,964,696 523,687,498 640,650,297 505,252,635 Net income (loss) per share: Basic $ 0.03 $ 0.01 $ 0.05 $ ( 0.00 ) Diluted $ 0.02 $ 0.01 $ 0.04 $ ( 0.00 ) Approximately 22,162,166 common stock equivalent shares were excluded from the computation of diluted per share amounts for the three months ended June 30, 2022, because their effect was anti-dilutive. No common stock equivalent shares were excluded from the computation of diluted per share amounts for the three months ended June 30, 2021. Approximately 14,336,893 and 18,185,977 common stock equivalent shares were excluded from the computation of diluted per share amounts for the six months ended June 30, 2022 and 2021, respectively, because their effect was anti-dilutive.

Segment Information And Informa

Segment Information And Information About Geographic Areas	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Segment Information And Information About Geographic Areas	23. SEGMENT INFORMATION and information about geographic areas The Company operates in one operating segment. The chief operating decision maker for the Company is the chief executive officer. The chief executive officer reviews financial information presented on a consolidated basis, accompanied by information about revenue by type of service and geographic region, for purposes of allocating resources and evaluating financial performance. Revenues by geographic area, presented based upon the location of the customer are as follows (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 United States $ 190,852 $ 165,502 $ 375,691 $ 321,487 China 1,934 1,287 3,918 3,091 Total revenues $ 192,786 $ 166,789 $ 379,609 $ 324,578 Software, equipment and property, net by geographic area are as follows (in thousands): June 30, December 31, 2022 2021 United States $ 143,586 $ 135,784 China 43 61 Total software, equipment and property-net $ 143,629 $ 135,845

Gain on Sale of Cost Method Inv

Gain on Sale of Cost Method Investment	6 Months Ended
	Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Gain on Sale of Cost Method Investment	24. GAIN ON Sale of cost method investment During February 2022, the Company received cash proceeds of $ 3.9 million in exchange for its equity interest in an investee as a result of the acquisition of the investee. The Company had been accounting for its investment using the cost method and recognized a gain of $ 3.6 million during the six months ended June 30, 2022. The investment’s carrying value was $ 0.3 million and was included within other assets on the accompanying condensed consolidated balance sheet at December 31, 2021 . The Company no longer has any ownership interest in the investee.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presenta tion —The condensed consolidated balance sheets as of June 30, 2022 and December 31, 2021, the condensed consolidated statements of operations and comprehensive income (loss) for the three and six months ended June 30, 2022 and 2021, the condensed consolidated statements of mezzanine equity and stockholders’ equity for the three and six months ended June 30, 2022 and 2021, and the condensed consolidated statements of cash flows for the six months ended June 30, 2022 and 2021 have been prepared by the Company and have not been audited. In the opinion of management, all adjustments (which include only normal recurring adjustments except where disclosed) necessary for the fair presentation of the financial position, results of operations and cash flows have been made. The results of operations for any interim period are not necessarily indicative of the results to be expected for the full year or any future period. The accompanying condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Regulation S-X of the Securities and Exchange Commission (“SEC”). The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, the condensed consolidated financial statements may not include all the information and footnotes necessary for a complete presentation of financial position, results of operations or cash flows. These condensed consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2021. The Company's significant accounting policies are described in Note 2, Summary of Significant Accounting Policies, to the consolidated financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 . There have been no material changes to the significant accounting policies since December 31, 2021.
Basis of Accounting	Basis of Accounting —The accompanying condensed consolidated financial statements are prepared in accordance with GAAP and include the accounts of the Company and its wholly-owned subsidiaries and majority-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. The condensed consolidated financial statements include 100% of the accounts of wholly-owned and majority-owned subsidiaries and the ownership interest of the minority investor is recorded as a non-controlling interest in a subsidiary.
Use of Estimates	Use of Estimates —The preparation of the condensed consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts, and the disclosures of contingent amounts in the Company’s condensed consolidated financial statements and the accompanying notes. Although the Company regularly assesses these estimates, actual results could differ from those estimates. Changes in estimates are recorded in the period in which they become known. The Company bases its estimates on historical experience and various other assumptions that it believes to be reasonable under the circumstances. Actual results could differ from management’s estimates if past experience or other assumptions are not substantially accurate. Significant estimates in these condensed consolidated financial statements include the estimation of contract transaction prices, the determination of the amortization period for contract assets, the valuation of goodwill and intangible assets, the valuation of the warrant liabilities, the estimates and assumptions associated with stock incentive plans, and the measurement of expected contingent consideration in connection with business acquisitions.
BusinessCombinations	Business Combinations —The Company allocates the purchase consideration of acquired companies to tangible and intangible assets acquired and liabilities assumed based on their estimated fair values at the acquisition date, with the excess recorded to goodwill. These estimates are inherently uncertain and subject to refinement. During the measurement period, which may be up to one year from the acquisition date, adjustments may be recorded to the fair value of these tangible and intangible assets acquired and liabilities assumed, including uncertain tax positions and tax-related valuation allowances, with the corresponding offset to goodwill. Upon the conclusion of the measurement period or final determination of the fair value of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to the condensed consolidated statements of operations and comprehensive income (loss). The Company estimates the fair value of contingent consideration related to business combinations on the date of acquisition (see Note 4). The fair value of the contingent consideration is remeasured each reporting period, with any change in the fair value recorded within the condensed consolidated statements of operations and comprehensive income (loss).
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements —Effective January 1, 2022, the Company adopted Accounting Standards Update ("ASU") 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes . This ASU is intended to reduce the complexity of accounting for income taxes. Changes include treatment of hybrid tax regimes, tax basis step-up in goodwill obtained in a transaction that is not a business combination, separate financial statements of legal entities not subject to tax, intra period tax allocation, ownership changes in investments, interim-period accounting for enacted changes in tax law, and year-to-date loss limitation in interim-period tax accounting. The adoption of ASU 2019-12 did not have a material impact on the Company's condensed consolidated financial statements.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements —In June 2016, the FASB issued ASU 2016-13, Financial Instruments — Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments , and subsequent amendments to the initial guidance: ASU 2018-19, ASU 2019-04, ASU 2019-05, and ASU 2020-03. The guidance amends the current accounting guidance and requires the measurements of all expected losses based on historical experience, current conditions and reasonable and supportable forecasts. The new guidance replaces the existing incurred loss impairment model with an expected credit loss model and requires a financial asset measured at amortized cost to be presented at the net amount expected to be collected. The guidance is effective for the Company on January 1, 2023 and early adoption is permitted. The Company is currently assessing the impact of this update on its condensed consolidated financial statements. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting , and in January 2021 subsequently issued ASU 2021-01, which refines the scope of Topic 848. These ASUs provide optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. Adoption of the expedients and exceptions is permitted upon issuance of ASU 2020-04 through December 31, 2022. The Company is currently assessing the impact of this update on its condensed consolidated financial statements .

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Summarizes Revenue By Type of Service	The following table summarizes revenue by type of service for the three and six months ended June 30, 2022 and 2021 (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Software subscriptions $ 185,499 $ 159,841 $ 365,317 $ 311,865 Other 7,287 6,948 14,292 12,713 Total revenues $ 192,786 $ 166,789 $ 379,609 $ 324,578

Business Acquisition (Tables)

Business Acquisition (Tables)	6 Months Ended
	Jun. 30, 2022
Business Combinations [Abstract]
Schedule of Business Acquisitions by Acquisition	The acquisition date fair value of the consideration transferred was $ 32.5 million, which consisted of the following (in thousands): Cash paid through closing $ 32,300 Fair value of contingent earnout consideration 200 Total acquisition date fair value of the consideration transferred $ 32,500
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the allocation of the consideration to the fair values of the assets acquired and liabilities assumed at the acquisition date (in thousands): Assets acquired: Current assets $ 150 Intangible asset - acquired technology 4,800 Deferred tax assets 314 Total assets acquired 5,264 Liabilities assumed: Current liabilities 147 Total liabilities assumed 147 Net assets acquired 5,117 Goodwill 27,383 Total purchase price $ 32,500

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 2022
Contract With Customer Asset And Liability [Line Items]
Summarizes Revenue By Type of Service	The following table summarizes revenue by type of service for the three and six months ended June 30, 2022 and 2021 (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Software subscriptions $ 185,499 $ 159,841 $ 365,317 $ 311,865 Other 7,287 6,948 14,292 12,713 Total revenues $ 192,786 $ 166,789 $ 379,609 $ 324,578
Summary of receivables contract assets and contract liabilities from contracts with customers	The opening and closing balances of the Company’s receivables, contract assets and contract liabilities from contracts with customers are as follows (in thousands): June 30, December 31, 2022 2021 Accounts receivables-net of allowances $ 82,816 $ 78,793 Deferred contract costs 16,021 15,069 Long-term deferred contract costs 19,869 22,117 Other assets (accounts receivable, non-current) 14,201 8,622 Deferred revenues 33,298 31,042 Other liabilities (deferred revenues, non-current) 1,444 1,574
Summary of deferred revenue	A summary of the activity impacting deferred revenue balances during the three and six months ended June 30, 2022 and 2021, is presented below (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Balance at beginning of period $ 34,900 $ 30,109 $ 32,616 $ 28,515 Revenue recognized 1 ( 92,823 ) ( 82,159 ) ( 182,255 ) ( 163,121 ) Additional amounts deferred 1 92,665 82,806 184,381 165,362 Balance at end of period $ 34,742 $ 30,756 $ 34,742 $ 30,756 Classified as: Current $ 33,298 $ 28,824 $ 33,298 $ 28,824 Non-current 1,444 1,932 1,444 1,932 Total deferred revenue $ 34,742 $ 30,756 $ 34,742 $ 30,756 1 Amounts include total revenue deferred and recognized during each respective period.
Summary of deferred contract costs	A summary of the activity impacting the deferred contract costs during the three and six months ended June 30, 2022 and 2021 is presented below (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Balance at beginning of period $ 36,948 $ 26,554 $ 37,186 $ 26,361 Costs amortized ( 4,407 ) ( 3,612 ) ( 8,628 ) ( 7,317 ) Additional amounts deferred 3,349 5,725 7,332 9,623 Balance at end of period $ 35,890 $ 28,667 $ 35,890 $ 28,667 Classified as: Current $ 16,021 $ 12,681 $ 16,021 $ 12,681 Non-current 19,869 15,986 19,869 15,986 Total deferred contract costs $ 35,890 $ 28,667 $ 35,890 $ 28,667

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurement Inputs and Valuation Techniques	The valuation of the Private Warrants as of June 30, 2022 and December 31, 2021 was determined using the Black-Scholes option pricing model using the following assumptions: June 30, December 31, 2022 2021 Expected term (in years) 4.1 4.6 Expected volatility 35 % 35 % Expected dividend yield 0 % 0 % Risk-free interest rate 3.00 % 1.20 % Fair value at valuation date $ 2.21 $ 3.51
Summary of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table presents the fair value of the assets and liabilities measured at fair value on a recurring basis at June 30, 2022 (in thousands): Liabilities Fair Value Level 1 Level 2 Level 3 Contingent consideration related to business acquisition $ 200 $ — $ — $ 200 Private warrants 39,338 — 39,338 — Total $ 39,538 $ — $ 39,338 $ 200 The following table presents the fair value of the assets and liabilities measured at fair value on a recurring basis at December 31, 2021 (in thousands): Liabilities Fair Value Level 1 Level 2 Level 3 Private warrants $ 62,478 $ — $ 62,478 $ — Total $ 62,478 $ — $ 62,478 $ —
Summary of Carrying Amounts and Estimated Fair Value of the Financial Instruments	The following table presents the carrying amounts, net of debt discount, and estimated fair values of the Company’s financial instruments that are not recorded at fair value on the condensed consolidated balance sheets (in thousands): June 30, 2022 December 31, 2021 Carrying Estimated Carrying Estimated Description Amount Fair Value Amount Fair Value Term B Loan, including current portion $ 794,204 $ 772,120 $ 798,073 $ 799,000

Accounts Receivable (Tables)

Accounts Receivable (Tables)	6 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
Schedule of Accounts Receivable, Net	Accounts receivable–net as of June 30, 2022 and December 31, 2021, consists of the following (in thousands): June 30, December 31, 2022 2021 Accounts receivable $ 87,112 $ 82,584 Allowance for doubtful accounts and sales reserves ( 4,296 ) ( 3,791 ) Accounts receivable–net $ 82,816 $ 78,793
Schedule of Changes to the Allowance for Doubtful Accounts and Sales Reserves	Changes to the allowance for doubtful accounts and sales reserves during the three and six months ended June 30, 2022 and 2021, consist of the following (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Balance at beginning of period $ 4,161 $ 3,931 $ 3,791 $ 4,224 Charges to bad debt and sales reserves 704 640 1,936 1,706 Write-offs, net ( 569 ) ( 353 ) ( 1,431 ) ( 1,712 ) Balance at end of period $ 4,296 $ 4,218 $ 4,296 $ 4,218

Other Current Assets (Tables)

Other Current Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Prepaid Expense and Other Assets, Current [Abstract]
Schedule of Other Current Assets	Other current assets as of June 30, 2022 and December 31, 2021, consist of the following (in thousands): June 30, December 31, 2022 2021 Prepaid service fees $ 7,107 $ 8,623 Prepaid software and equipment maintenance 4,991 7,593 Prepaid SaaS costs 4,926 5,909 Non-trade receivables 1,671 8,321 Prepaid insurance 456 4,416 Other 11,489 11,319 Total $ 30,640 $ 46,181

Software, Equipment, And Prop_2

Software, Equipment, And Property (Tables)	6 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Schedule of Software,Equipment and Property	Software, equipment, and property as of June 30, 2022 and December 31, 2021, consist of the following (in thousands): June 30, December 31, 2022 2021 Software, licenses and database $ 157,077 $ 140,692 Leasehold improvements 33,215 34,880 Computer equipment 32,544 31,635 Building and land 4,910 4,910 Furniture and other equipment 3,241 5,343 Total software, equipment, and property 230,987 217,460 Less accumulated depreciation and amortization ( 87,358 ) ( 81,615 ) Net software, equipment, and property $ 143,629 $ 135,845

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2022
Leases [Line Items]
Summary of Lease Cost	The components of lease expense for the three and six months ended June 30, 2022 and 2021 were as follows (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Operating lease costs $ 2,108 $ 4,542 $ 5,674 $ 9,136 Variable lease costs 574 461 1,411 1,063 Total lease costs $ 2,682 $ 5,003 $ 7,085 $ 10,199
Summary of Supplemental Cash Flow and other Information Related to Leases	Supplemental cash flow and other information related to leases for the three and six months ended June 30, 2022 and 2021 were as follows (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Cash payments for operating leases $ 3,230 $ 3,030 $ 5,746 $ 5,998 Operating lease assets obtained in exchange for lease liabilities 109 2,365 109 2,365

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Goodwill [Line Items]
Schedule of Changes in the Carrying Amount of Goodwill	Changes in the net carrying amount of goodwill during the six months ended June 30, 2022 were as of follows: Net Carrying Amount Balance as of December 31, 2021 1,466,884 Acquisition of Safekeep, Inc. 27,383 Balance as of June 30, 2022 1,494,267
Summary of Intangible Assets Balance	The intangible assets balance as of June 30, 2022, is reflected below (in thousands): Weighted- Average Estimated Remaining Gross Net Useful Life Useful Life Carrying Accumulated Carrying (Years) (Years) Amount Amortization Amount Customer relationships 16 – 18 12.8 $ 1,299,750 $ ( 373,963 ) $ 925,787 Acquired technologies 3 – 7 2.2 187,955 ( 135,763 ) 52,192 Subtotal 1,487,705 ( 509,726 ) 977,979 Trademarks—indefinite life 190,470 — 190,470 Total intangible assets $ 1,678,175 $ ( 509,726 ) $ 1,168,449 The intangible assets balance as of December 31, 2021, is reflected below (in thousands): Weighted- Average Estimated Remaining Gross Net Useful Life Useful Life Carrying Accumulated Carrying (Years) (Years) Amount Amortization Amount Customer relationships 16 – 18 13.3 $ 1,299,750 $ ( 337,831 ) $ 961,919 Acquired technologies 3 – 7 2.3 183,164 ( 122,318 ) 60,846 Favorable lease terms 6 0.3 280 ( 266 ) 14 Subtotal 1,483,194 ( 460,415 ) 1,022,779 Trademarks—indefinite life 190,470 — 190,470 Total intangible assets $ 1,673,664 $ ( 460,415 ) $ 1,213,249
Schedule of Future Amortization Expense for Intangible Assets	Future amortization expense for the remainder of the year ended December 31, 2022 and the following four years ended December 31 and thereafter for intangible assets as of June 30, 2022, is as follows (in thousands): Years Ending December 31: 2022 $ 49,637 2023 99,003 2024 81,417 2025 72,949 2026 72,949 Thereafter 602,024 Total $ 977,979

Accrued Expenses (Tables)

Accrued Expenses (Tables)	6 Months Ended
	Jun. 30, 2022
Payables And Accruals [Line Items]
Schedule Of Accrued Expenses	Accrued expenses as of June 30, 2022 and December 31, 2021, consist of the following (in thousands): June 30, December 31, 2022 2021 Compensation $ 38,589 $ 49,510 Professional services 5,335 2,371 Software license agreement 5,166 3,265 Royalties and licenses 3,731 2,640 Employee insurance benefits 2,702 2,443 Sales tax 2,646 2,296 Other 2,472 4,166 Total $ 60,641 $ 66,691

Other Liabilities (Tables)

Other Liabilities (Tables)	6 Months Ended
	Jun. 30, 2022
Other Liabilities Disclosure [Abstract]
Summary Of Other Liabilities	Other liabilities as of June 30, 2022 and December 31, 2021, consist of the following (in thousands): June 30, December 31, 2022 2021 Deferred revenue-non-current $ 1,444 $ 1,574 Software license agreement 1,215 4,211 Contingent consideration 200 — Total $ 2,859 $ 5,785

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Instrument [Line Items]
Summary Of Long Term Debt	Long-term debt as of June 30, 2022 and December 31, 2021, consists of the following (in thousands): June 30, December 31, 2022 2021 Term B Loan $ 796,000 $ 800,000 Term B Loan—discount ( 1,795 ) ( 1,926 ) Term B Loan—deferred financing fees ( 8,821 ) ( 9,464 ) Term B Loan—net of discount & fees 785,384 788,610 Less: Current portion ( 8,000 ) ( 8,000 ) Total long-term debt—net of current portion $ 777,384 $ 780,610

Stock Incentive Plans (Tables)

Stock Incentive Plans (Tables)	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Summary of Share-based Compensation Arrangements by Share-based Payment Award	The table below summarizes the option activity for the six months ended June 30, 2022: Weighted- Average Weighted- Remaining Aggregate Average Contractual Intrinsic Exercise Life Value Shares Price (in years) (in thousands) Options outstanding—December 31, 2021 55,644,495 $ 2.95 6.0 $ 469,591 Exercised ( 5,682,071 ) 2.71 Forfeited and canceled ( 222,234 ) 4.67 Options outstanding—June 30, 2022 49,740,190 $ 2.97 5.4 $ 309,841 Options exercisable—June 30, 2022 45,634,668 $ 2.73 5.1 $ 295,200 Options vested and expected to vest—June 30, 2022 49,436,255 $ 2.95 5.3 $ 308,786
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	The valuation of the performance-based RSUs with a market condition granted during the six months ended June 30, 2022 was determined using a Monte Carlo simulation model using the following assumptions: Expected term (in years) 2.8 Expected volatility 35 % Expected dividend yield 0 % Risk-free interest rate 2.28 % Fair value at valuation date $ 7.42
Schedule of Non-vested Restricted Stock Units Activity	The table below summarizes the RSU activity for the six months ended June 30, 2022: Weighted- Average Shares Fair Value Non-vested RSUs—December 31, 2021 18,558,211 $ 10.74 Granted 15,561,624 10.14 Vested ( 103,124 ) 9.68 Forfeited ( 701,723 ) 11.08 Non-vested RSUs—June 30, 2022 33,314,988 10.46
Summary of Share-based Payment Arrangement, Expensed and Capitalized, Amount	Stock-Based Compensation —Stock-based compensation expense has been recorded in the accompanying condensed consolidated statements of operations and comprehensive income (loss) as follows for the three and six months ended June 30, 2022 and 2021 (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Cost of revenues $ 1,661 $ 176 $ 2,510 $ 394 Research and development 5,530 700 9,060 1,275 Sales and marketing 6,611 735 11,441 1,289 General and administrative 14,601 1,272 29,036 12,579 Total stock-based compensation expense $ 28,403 $ 2,883 $ 52,047 $ 15,537

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Schedule of Earnings Per Share, Basic and Diluted	The following table sets forth a reconciliation of the numerator and denominator used to compute basic and diluted earnings per share of common stock (in thousands, except for share and per share data). For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 Numerator Net income (loss) $ 15,564 $ 3,816 $ 27,539 $ ( 1,268 ) Denominator Weighted average shares of common stock - basic 605,948,628 505,430,380 604,534,589 505,252,635 Dilutive effect of stock-based awards 34,016,068 18,257,118 36,115,708 — Weighted average shares of common stock - diluted 639,964,696 523,687,498 640,650,297 505,252,635 Net income (loss) per share: Basic $ 0.03 $ 0.01 $ 0.05 $ ( 0.00 ) Diluted $ 0.02 $ 0.01 $ 0.04 $ ( 0.00 )

Segment Information And Infor_2

Segment Information And Information About Geographic Areas (Tables)	6 Months Ended
	Jun. 30, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Schedule of revenues by geographic area	Revenues by geographic area, presented based upon the location of the customer are as follows (in thousands): For the Three Months Ended For the Six Months Ended June 30, June 30, 2022 2021 2022 2021 United States $ 190,852 $ 165,502 $ 375,691 $ 321,487 China 1,934 1,287 3,918 3,091 Total revenues $ 192,786 $ 166,789 $ 379,609 $ 324,578
Schedule of software, equipment and property, net by geographic area	Software, equipment and property, net by geographic area are as follows (in thousands): June 30, December 31, 2022 2021 United States $ 143,586 $ 135,784 China 43 61 Total software, equipment and property-net $ 143,629 $ 135,845

Business Combination - Addition

Business Combination - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Share price	$ 7.42
Business acquisition cost of acquired entity transaction costs	$ 763.3
Common stock shares outstanding	615,501,951	609,768,296
Retroactively Restated Based on Shares [Member] | Prior to Reverse Recapitalization [Member]
Business Acquisition [Line Items]
Exchange ratio established in business combination	1:340.5507
After The Business Combination [Member]
Business Acquisition [Line Items]
Common stock shares outstanding	603,170,380
Company Earnout Shares [Member]
Business Acquisition [Line Items]
Issuance of common stock (Shares)	15,000,000
Share Price Greater Than Or Equal to USD Thirteen Per Share [Member] | Company Earnout Shares [Member]
Business Acquisition [Line Items]
Share price	$ 13
Share Price Greater Than Or Equal to USD Fifteen Per Share [Member] | Company Earnout Shares [Member]
Business Acquisition [Line Items]
Share price	$ 15
Number of trading days used to determine the share price	20 days
Number of consecutive trading days used to determine the share price	30 days
Sponsor Vesting Shares [Member]
Business Acquisition [Line Items]
Number of shares non transferable and subject to forfeiture	8,625,000
Sponsor Vesting Shares [Member] | Share Price Greater Than Or Equal to USD Thirteen Per Share [Member]
Business Acquisition [Line Items]
Number of trading days used to determine the share price	20 days
Number of consecutive trading days used to determine the share price	30 days
Forward Purchase Agreement [Member] | Prior to the Closing [Member]
Business Acquisition [Line Items]
Share price	$ 10
Number of forward purchase units issued during period shares new issues	17,500,000
Shares issued, price per share	$ 11.50
PIPE Investors [Member] | Subscription Agreement [Member]
Business Acquisition [Line Items]
Issuance of common stock (Shares)	15,000,000
Share price	$ 10

Business Acquisition - Addition

Business Acquisition - Additional Information (Detail) - USD ($) $ in Thousands		1 Months Ended	6 Months Ended	12 Months Ended
	Feb. 08, 2022	Feb. 28, 2022	Jun. 30, 2022	Dec. 31, 2024
Business Acquisition [Line Items]
Total purchase price			$ 32,500
Maximum [Member]
Business Acquisition [Line Items]
Business Acquisition Potential Earn Out Amount				$ 90,000
SafekeepInc [Member]
Business Acquisition [Line Items]
Total purchase price	$ 32,300
Escrow Deposit Disbursements Related to Property Acquisition		$ 6,000
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable		$ 200
Fair value of consideration transferred			32,500
Business Combination, Acquisition Related Costs			$ 1,200
Estimated useful life			7 years

Business Acquisition - Schedule

Business Acquisition - Schedule of Business Acquisition by Acquisition (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Business Combinations [Abstract]
Cash paid through closing	$ 32,300
Fair value of contingent earnout consideration	200	$ 0
Total acquisition date fair value of the consideration transferred	$ 32,500

Business Acquisition - Schedu_2

Business Acquisition - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($)
Business Combinations [Abstract]
Current assets	$ 150
Intangible asset-acquired technology	4,800
Deferred tax assets	314
Total assets acquired	5,264
Current liabilities	147
Total liabilities assumed	147
Net assets acquired	5,117
Goodwill	27,383
Total purchase price	$ 32,500

Revenue - Summarizes Revenue By

Revenue - Summarizes Revenue By Type of Service (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Contract With Customer Asset And Liability [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	$ 192,786	$ 166,789	$ 379,609	$ 324,578
Software Subscriptions [Member]
Contract With Customer Asset And Liability [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	185,499	159,841	365,317	311,865
Other Services [Member]
Contract With Customer Asset And Liability [Line Items]
Revenue from Contract with Customer, Including Assessed Tax	$ 7,287	$ 6,948	$ 14,292	$ 12,713

Revenue - Additional Informatio

Revenue - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Abstract]
Revenue remaining performance obligation amount	$ 1,335		$ 1,335
Revenue remaining performance obligation revenue to be recognized year 2021	524		524
Revenue remaining performance obligation revenue to be recognized thereafter	811		811
Deferred revenue, revenue recognized	$ 32.2	$ 26.4	$ 30.2	$ 25.6

Revenue - Summary of receivable

Revenue - Summary of receivables contract assets and contract liabilities from contracts with customers (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021
Contract With Customer Asset And Liability [Line Items]
Accounts receivables-net of allowances	$ 82,816	$ 78,793
Deferred contract costs	16,021	15,069	$ 12,681
Long-term deferred contract costs	19,869	22,117	15,986
Other assets (accounts receivable, non-current)	14,201	8,622
Deferred revenues	33,298	31,042	28,824
Other liabilities (deferred revenues, non-current)	$ 1,444	$ 1,574	$ 1,932

Revenue - Summary of deferred r

Revenue - Summary of deferred revenue (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Contract With Customer Liability [Line Items]
Balance at beginning of period		$ 34,900	$ 30,109	$ 32,616	$ 28,515
Revenue recognized1	[1]	(92,823)	(82,159)	(182,255)	(163,121)
Additional amounts deferred1	[1]	92,665	82,806	184,381	165,362
Balance at end of period		34,742	30,756	34,742	30,756
Classified as:
Current		33,298	28,824	33,298	28,824	$ 31,042
Non-current		1,444	1,932	1,444	1,932	1,574
Total deferred revenue		$ 34,742	$ 30,756	$ 34,742	$ 30,756	$ 32,616
[1] Amounts include total revenue deferred and recognized during each respective period.

Revenue - Summary of deferred c

Revenue - Summary of deferred contract costs (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Capitalized Contract Cost [Line Items]
Balance at beginning of period	$ 36,948	$ 26,554	$ 37,186	$ 26,361
Costs amortized	(4,407)	(3,612)	(8,628)	(7,317)
Additional amounts deferred	3,349	5,725	7,332	9,623
Balance at end of period	35,890	28,667	35,890	28,667
Classified as:
Current	16,021	12,681	16,021	12,681	$ 15,069
Non-current	19,869	15,986	19,869	15,986	22,117
Total deferred contract costs	$ 35,890	$ 28,667	$ 35,890	$ 28,667	$ 37,186

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Asset Impairment Charges	$ 0	$ 0	$ 0	$ 0
Discount rate			9%

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value Measurement Inputs and Valuation Techniques (Details) - Private Warrants [Member]	Jun. 30, 2022 yr	Dec. 31, 2021 yr
Expected term (in years)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative Liability, Measurement Input	4.1	4.6
Expected volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative Liability, Measurement Input	0.35	0.35
Expected dividend yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative Liability, Measurement Input	0	0
Risk-free interest rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative Liability, Measurement Input	0.0300	0.0120
Fair value at valuation date
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative Liability, Measurement Input	2.21	3.51

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Detail) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	$ 39,538	$ 62,478
Contingent consideration related to business acquisition [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	200
Private Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	39,338	62,478
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Level 1 | Contingent consideration related to business acquisition [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0
Level 1 | Private Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	39,338	62,478
Level 2 | Contingent consideration related to business acquisition [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0
Level 2 | Private Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	39,338	62,478
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	200	0
Level 3 | Contingent consideration related to business acquisition [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	200
Level 3 | Private Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	$ 0	$ 0

Fair Value Measurements - Sum_2

Fair Value Measurements - Summary of Carrying Amounts and Estimated Fair Value of the Financial Instruments (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Carrying Amount [Member]
Debt Instrument [Line Items]
Long-term debt	$ 794,204	$ 798,073
Estimated Fair Value [Member]
Debt Instrument [Line Items]
Long-term debt	$ 772,120	$ 799,000

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Line Items]
Income tax payment	$ 38,900	$ 6,500	$ 39,000	$ 10,400
Effective tax rate	39.40%	38.40%	25.20%	35.60%
Unrecognized tax benefits period decrease			$ 3,400
Maximum [Member]
Income Tax Disclosure [Line Items]
Unrecognized tax benefits period decrease			3,600
Internal Revenue Service (IRS) [Member]
Income Tax Disclosure [Line Items]
Income tax refund received			$ 50	$ 16

Accounts Receivable - Schedule

Accounts Receivable - Schedule of Accounts Receivable, Net (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Receivables [Abstract]
Accounts receivable	$ 87,112		$ 82,584
Allowance for doubtful accounts and sales reserves	(4,296)	$ (4,161)	(3,791)	$ (4,218)	$ (3,931)	$ (4,224)
Accounts receivable–net	$ 82,816		$ 78,793

Accounts Receivable - Schedul_2

Accounts Receivable - Schedule of Changes to the Allowance for Doubtful Accounts and Sales Reserves (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Receivables [Abstract]
Balance at beginning of period	$ 4,161	$ 3,931	$ 3,791	$ 4,224
Charges to bad debt and sales reserves	704	640	1,936	1,706
Write-offs, net	(569)	(353)	(1,431)	(1,712)
Balance at end of period	$ 4,296	$ 4,218	$ 4,296	$ 4,218

Other Current Assets - Schedule

Other Current Assets - Schedule of Other Current Assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid service fees	$ 7,107	$ 8,623
Prepaid software and equipment maintenance	4,991	7,593
Prepaid SaaS costs	4,926	5,909
Non-trade receivables	1,671	8,321
Prepaid insurance	456	4,416
Other	11,489	11,319
Total	$ 30,640	$ 46,181

Software, Equipment, And Prop_3

Software, Equipment, And Property - Schedule of Software,Equipment and Property (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Total software, equipment, and property	$ 230,987	$ 217,460
Less accumulated depreciation and amortization	(87,358)	(81,615)
Net software, equipment, and property	143,629	135,845
Software, Licenses and Database [Member]
Property, Plant and Equipment [Line Items]
Total software, equipment, and property	157,077	140,692
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Total software, equipment, and property	33,215	34,880
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Total software, equipment, and property	32,544	31,635
Building and Land [Member]
Property, Plant and Equipment [Line Items]
Total software, equipment, and property	4,910	4,910
Furniture and Other Equipment [Member]
Property, Plant and Equipment [Line Items]
Total software, equipment, and property	$ 3,241	$ 5,343

Software, Equipment, And Prop_4

Software, Equipment, And Property - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
Depreciation and amortization expense	$ 6.7	$ 5.3	$ 13.5	$ 10.5

Leases - Additional Information

Leases - Additional Information (Detail)	Jun. 30, 2022
Maximum [Member] | Office Space and Data Center Facilities [Member]
Leases [Line Items]
Operating lease term	17 years
Operating lease term extension	5 years
Maximum [Member] | Equipment Leases [Member]
Leases [Line Items]
Operating lease term	3 years
Minimum [Member] | Office Space and Data Center Facilities [Member]
Leases [Line Items]
Operating lease term	1 year
Operating lease term extension	3 years
Minimum [Member] | Equipment Leases [Member]
Leases [Line Items]
Operating lease term	1 year

Leases - Summary of Lease Cost

Leases - Summary of Lease Cost (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Leases [Line Items]
Operating lease costs	$ 2,108	$ 4,542	$ 5,674	$ 9,136
Variable lease costs	574	461	1,411	1,063
Total lease costs	$ 2,682	$ 5,003	$ 7,085	$ 10,199

Leases - Summary of Supplementa

Leases - Summary of Supplemental Cash Flow and Other Information Related to Leases (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Leases [Line Items]
Cash payments for operating leases	$ 3,230	$ 3,030	$ 5,746	$ 5,998
Operating lease assets obtained in exchange for lease liabilities	$ 109	$ 2,365	$ 109	$ 2,365

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Changes in the Carrying Amount of Goodwill (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Goodwill [Line Items]
Net Carrying Amount	$ 1,494,267	$ 1,466,884
SafekeepInc [Member]
Goodwill [Line Items]
Net Carrying Amount	$ 27,383

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Summary of Intangible Assets Balance (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Schedule Of Intangible Assets [Line Items]
Gross Carrying Amount	$ 1,487,705	$ 1,483,194
Accumulated Amortization	(509,726)	(460,415)
Net Carrying Amount	977,979	1,022,779
Intangible assets, Gross Carrying Amount	1,678,175	1,673,664
Intangible assets, Net Carrying Amount	1,168,449	1,213,249
Trademarks—indefinite life, Accumulated Amortization	(509,726)	(460,415)
Trademarks [Member]
Schedule Of Intangible Assets [Line Items]
Indefinite life intangible assets	190,470	190,470
Intangible assets, Net Carrying Amount	$ 190,470	$ 190,470
Customer Relationships [Member]
Schedule Of Intangible Assets [Line Items]
Weighted- Average Remaining Useful Life (Years)	12 years 9 months 18 days	13 years 3 months 18 days
Gross Carrying Amount	$ 1,299,750	$ 1,299,750
Accumulated Amortization	(373,963)	(337,831)
Net Carrying Amount	$ 925,787	$ 961,919
Acquired Technologies [Member]
Schedule Of Intangible Assets [Line Items]
Weighted- Average Remaining Useful Life (Years)	2 years 2 months 12 days	2 years 3 months 18 days
Gross Carrying Amount	$ 187,955	$ 183,164
Accumulated Amortization	(135,763)	(122,318)
Net Carrying Amount	$ 52,192	$ 60,846
Favorable Lease Terms [Member]
Schedule Of Intangible Assets [Line Items]
Weighted- Average Remaining Useful Life (Years)		3 months 18 days
Gross Carrying Amount		$ 280
Accumulated Amortization		(266)
Net Carrying Amount		$ 14
Subsidiaries [Member] | Customer Relationships [Member] | Maximum [Member]
Schedule Of Intangible Assets [Line Items]
Estimated Useful Life (Years)	18 years	18 years
Subsidiaries [Member] | Customer Relationships [Member] | Minimum [Member]
Schedule Of Intangible Assets [Line Items]
Estimated Useful Life (Years)	16 years	16 years
Subsidiaries [Member] | Acquired Technologies [Member] | Maximum [Member]
Schedule Of Intangible Assets [Line Items]
Estimated Useful Life (Years)	7 years	7 years
Subsidiaries [Member] | Acquired Technologies [Member] | Minimum [Member]
Schedule Of Intangible Assets [Line Items]
Estimated Useful Life (Years)	3 years	3 years
Subsidiaries [Member] | Favorable Lease Terms [Member]
Schedule Of Intangible Assets [Line Items]
Estimated Useful Life (Years)		6 years

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Schedule of Future Amortization Expense for Intangible Assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Finite Lived Intangible Assets Future Amortization Expense [Line Items]
2022	$ 49,637
2023	99,003
2024	81,417
2025	72,949
2026	72,949
Thereafter	602,024
Total	$ 977,979	$ 1,022,779

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Feb. 28, 2022	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Goodwill And Intangible Assets Disclosure [Line Items]
Goodwill impairment				$ 0	$ 0
Amortization of Intangible Assets		$ 18,066,000	$ 18,078,000	36,146,000	36,155,000
GOODWILL		1,494,267,000		1,494,267,000		$ 1,466,884,000
Subsidiaries
Goodwill And Intangible Assets Disclosure [Line Items]
Goodwill impairment						0
Impairment charge		0	0	0	0
Amortization of Intangible Assets		$ 24,800,000	$ 24,700,000	$ 49,600,000	$ 49,300,000
GOODWILL						$ 0
Acquired Technologies [Member] | Subsidiaries
Goodwill And Intangible Assets Disclosure [Line Items]
Acquired intangible assets	$ 4,800,000

Accrued Expenses - Schedule of

Accrued Expenses - Schedule of Accrued Expenses (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Accrued Liabilities Current [Line Items]
Compensation	$ 38,589	$ 49,510
Professional services	5,335	2,371
Software license agreement	5,166	3,265
Royalties and licenses	3,731	2,640
Employee insurance benefits	2,702	2,443
Sales tax	2,646	2,296
Other	2,472	4,166
Total	$ 60,641	$ 66,691

Other Liabilities - Summary of

Other Liabilities - Summary of Other Liabilities (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Other Liabilities, Noncurrent [Abstract]
Deferred revenue-non-current	$ 1,444	$ 1,574
Software license agreement	1,215	4,211
Contingent consideration	200	0
Total	$ 2,859	$ 5,785

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended			6 Months Ended
	Sep. 30, 2021	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Jul. 30, 2021	Apr. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Line of credit facility, expiration period					6 months
Debt instrument, annual principal payment								$ 525,000
Long-Term Debt, Current Maturities		$ 8,000			$ 8,000		$ 8,000
Repayment of long term debt					4,000	$ 6,923
First Lien Amendment [Member]
Debt Instrument [Line Items]
Debt issuance costs, net		3,400			3,400
Line of credit facility, periodic payment, principal			$ 3,500
First Lien Credit Agreement [Member]
Debt Instrument [Line Items]
Debt issuance costs, net		27,600			27,600
Two Thousand and Twenty one Credit Agreement [Member]
Debt Instrument [Line Items]
Proceeds from issuance of long-term debt					798,000
Debt instrument, unamortized discount		1,800			1,800		1,900
Debt issuance costs, net		2,600			2,600		2,900
Unamortized financing costs		8,800			8,800		9,500
Line of credit facility, maximum borrowing capacity		75,000			75,000
Percentage of aggregate commitments on borrowings			35%
Maximum [Member] | Two Thousand and Twenty one Credit Agreement [Member]
Debt Instrument [Line Items]
Leverage ratio			0.0625
Minimum [Member] | Two Thousand and Twenty one Credit Agreement [Member]
Debt Instrument [Line Items]
Leverage ratio			0.0100
Revolving Credit Facility [Member] | First Lien Credit Agreement [Member]
Debt Instrument [Line Items]
Long-term line of credit		100,000			$ 100,000
First Lien Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument, annual principal payment									$ 1,500	$ 21,900
Weighted average interest rate of debt outstanding				4.10%	4.10%
Interest Expense, Debt				$ 13,500		26,800
Percentage of annual excess cash flow on line of credit					50%
Interest Expense, Debt				$ 13,500		$ 26,800
Repayment of long term debt	$ 804,200
First Lien Term Loan [Member] | First Lien Credit Agreement [Member]
Debt Instrument [Line Items]
Long-term line of credit		1,000,000			$ 1,000,000
Proceeds from issuance of long-term debt					997,500
Debt instrument, unamortized discount		$ 2,500			$ 2,500
First Lien Term Loan [Member] | Minimum [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate at Period End		3%			3%
First Lien Revolvers [Member]
Debt Instrument [Line Items]
Long-term line of credit		$ 91,300			$ 91,300
Line of Credit Facility, Commitment Fee Percentage					0.50%
First Lien Revolvers [Member] | First Lien Credit Agreement [Member]
Debt Instrument [Line Items]
Long-term line of credit		30,000			$ 30,000
Incremental Term Loan [Member] | First Lien Credit Agreement [Member]
Debt Instrument [Line Items]
Long-term line of credit		375,000			375,000
Proceeds from issuance of long-term debt					373,100
Debt instrument, unamortized discount		1,900			1,900
Standby Letters of Credit [Member] | Two Thousand and Twenty one Credit Agreement [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Current Borrowing Capacity		700			700
Term B Loan [Member] | Two Thousand and Twenty one Credit Agreement [Member]
Debt Instrument [Line Items]
Long-term line of credit		800,000			800,000
Debt instrument, unamortized discount		2,000			2,000
Debt issuance costs, net		9,800			9,800
Line of credit facility, periodic payment, principal			$ 2,000
Debt instrument, annual principal payment		0			0
Long-term debt		796,000			796,000		800,000
Long-Term Debt, Current Maturities		$ 8,000			$ 8,000		8,000
Line of Credit Facility, Commitment Fee Percentage					0.50%
Weighted average interest rate of debt outstanding		3.30%			3.20%
Interest Expense, Debt		$ 6,600			$ 12,500
Percentage of annual excess cash flow on line of credit			50%
Interest Expense, Debt		6,600			12,500
Term B Loan [Member] | Maximum [Member] | Two Thousand and Twenty one Credit Agreement [Member]
Debt Instrument [Line Items]
Line of credit facility, expiration period			6 years 1 month 9 days
Term B Loan [Member] | Minimum [Member] | Two Thousand and Twenty one Credit Agreement [Member]
Debt Instrument [Line Items]
Line of credit facility, expiration period			6 years 10 months 24 days
Two Thousand and Twenty one Revolving Credit Facility [Member] | Two Thousand and Twenty one Credit Agreement [Member]
Debt Instrument [Line Items]
Long-term line of credit		250,000			250,000
Debt issuance costs, net		3,100			3,100
Line of Credit Facility, Current Borrowing Capacity		$ 249,300			$ 249,300		$ 249,300

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long Term Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Less: Current portion	$ (8,000)	$ (8,000)
Total long-term debt—net of current portion	777,384	780,610
Term B Loan [Member]
Debt Instrument [Line Items]
Long-term debt, gross	796,000	800,000
Long-term debt—discount	(1,795)	(1,926)
Long-term debt—deferred financing fees	(8,821)	(9,464)
Long-term debt-net of discount & fees	$ 785,384	$ 788,610

Long-Term Licensing Agreement -

Long-Term Licensing Agreement - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
LongTerm Licensing Agreement [Line Items]
Contract with customer, liability	$ 34,742	$ 34,900	$ 32,616	$ 30,756	$ 30,109	$ 28,515

Redeemable Non-Controlling Inte

Redeemable Non-Controlling Interest - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Jun. 30, 2022	Dec. 31, 2021
Noncontrolling Interest [Line Items]
Stock issued during period, value, new issues	$ 1,007
Redeemable noncontrolling interest, equity, carrying amount		$ 14,179	$ 14,179

Capital Stock - Additional Info

Capital Stock - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended	6 Months Ended
	Mar. 17, 2021	Jun. 30, 2022	Jun. 30, 2022	Jun. 30, 2021	Apr. 30, 2022	Dec. 31, 2021
Class of Stock [Line Items]
Shares authorized total			5,000,000,000
Common stock par or stated value per share		$ 0.0001	$ 0.0001			$ 0.0001
Common Stock, Shares, Issued		615,501,951	615,501,951			609,768,296
Common stock shares outstanding		615,501,951	615,501,951			609,768,296
Stock issued during the period shares stock options exercised			5,682,071
Payment of dividend classified as financing activities	$ 134,500
Preferred stock shares issued		0	0			0
Preferred stock shares outstanding		0	0			0
Preferred stock shares authorised		100,000,000	100,000,000			100,000,000
Preferred stock par or stated value per share		$ 0.0001	$ 0.0001			$ 0.0001
Common stock shares description of voting rights			one
Deemed distribution to CCCIS option holders			$ 0	$ 134,549
Common Stock [Member]
Class of Stock [Line Items]
Common stock par or stated value per share					$ 9.70
Common Stock, Shares, Issued					20,000,000
Common Stock Offering Cost		$ 300	$ 1,200
Common Class A [Member]
Class of Stock [Line Items]
Common stock par or stated value per share		$ 0.0001	$ 0.0001

Stock Incentive Plans - Additio

Stock Incentive Plans - Additional Information (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($) shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share based compensation by share based arrangement options vested during the period aggregate fair value | $	$ 8.1
Share based compensation by share based arrangement unrecognised compensation for options unvested | $	$ 93.5
Ccc2021 Employee Stock Purchase Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Common stock reserved for issuance	6,031,714
Number of shares sold under plan	0
Ccc2021 Employee Stock Purchase Plan [Member] | Minimum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Aggregate number of shares reserved for sale under plan increases on beginning of period percentage of total number of shares outstanding or lessor amount	1%
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Granted	15,561,624
Restricted Stock Units (RSUs) [Member] | Time Based Vesting Requirements [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Granted	14,191,160
Restricted Stock Units (RSUs) [Member] | Performance And Market Based Vesting Conditions [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Granted	685,207
Restricted Stock Units (RSUs) [Member] | Performance Based Vesting Requirements [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Granted	685,257
Common Class B [Member] | Performance And Market Based Vesting Conditions [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share based compensation by share based arrangement unrecognised compensation for options unvested remaining period for recognition	3 years 3 months 18 days
Common Class B [Member] | Time Based Vesting [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share based compensation by share based arrangement unrecognised compensation for options unvested | $	$ 203.7

Stock Incentive Plans - Summary

Stock Incentive Plans - Summary of Share-based Compensation Arrangements by Share-based Payment Award (Detail) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Share-Based Payment Arrangement [Abstract]
Shares - Beginning Balance	55,644,495
Shares - Exercised	(5,682,071)
Shares - Forfeited and canceled	(222,234)
Shares - Ending Balance	49,740,190	55,644,495
Shares - Exercisable	45,634,668
Shares - Vested and expected to vest	49,436,255
Weighted- Average Exercise Price - Beginning Balance	$ 2.95
Weighted- Average Exercise Price - Exercised	2.71
Weighted- Average Exercise Price - Forfeited and canceled	4.67
Weighted- Average Exercise Price - Ending Balance	2.97	$ 2.95
Weighted- Average Exercise Price - Exercisable	2.73
Weighted- Average Exercise Price - Vested and expected to vest	$ 2.95
Weighted-Average Remaining Contractual Life (in years)	5 years 4 months 24 days	6 years
Weighted-Average Remaining Contractual Life (in years) - Exercisable	5 years 1 month 6 days
Weighted-Average Remaining Contractual Life (in years) - Vested and expected to vest	5 years 3 months 18 days
Aggregate Intrinsic Value - Beginning Balance	$ 469,591
Aggregate Intrinsic Value - Ending Balance	309,841	$ 469,591
Aggregate Intrinsic Value - Exercisable	295,200
Aggregate Intrinsic Value - Vested and expected to vest	$ 308,786

Stock Incentive Plans - Schedul

Stock Incentive Plans - Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions (Detail)	6 Months Ended
	Jun. 30, 2022 $ / shares
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions and Methodology [Abstract]
Expected term (in years)	2 years 9 months 18 days
Expected volatility	35%
Expected dividend yield	0%
Risk-free interest rate	2.28%
Fair value at valuation date	$ 7.42

Stock Incentive Plans - Sched_2

Stock Incentive Plans - Schedule of Non-vested Restricted Stock Units Activity (Details) - Restricted Stock Units (RSUs) [Member]	6 Months Ended
	Jun. 30, 2022 $ / shares shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Non-vested RSUs - December 31, 2021 | shares	18,558,211
Granted | shares	15,561,624
Vested | shares	(103,124)
Forfeited | shares	(701,723)
Non-vested RSUs - June 30, 2022 | shares	33,314,988
Non-vested RSUs - December 31, 2021 | $ / shares	$ 10.74
Granted | $ / shares	10.14
Vested | $ / shares	9.68
Forfeited | $ / shares	11.08
Non-vested RSUs - June 30, 2022 | $ / shares	$ 10.46

Stock Incentive Plans - Summa_2

Stock Incentive Plans - Summary of Share-based Payment Arrangement, Expensed and Capitalized, Amount (Detail) - Cypress Holdings Inc And Subsidiaries [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-Based Payment Arrangement, Expense	$ 28,403	$ 2,883	$ 52,047	$ 15,537
Cost of Revenues [Member]
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-Based Payment Arrangement, Expense	1,661	176	2,510	394
Research and development [Member]
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-Based Payment Arrangement, Expense	5,530	700	9,060	1,275
Sales and marketing [Member]
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-Based Payment Arrangement, Expense	6,611	735	11,441	1,289
General and administrative [Member]
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-Based Payment Arrangement, Expense	$ 14,601	$ 1,272	$ 29,036	$ 12,579

Warrants - Additional Informati

Warrants - Additional Information (Detail) - USD ($)		3 Months Ended		6 Months Ended
	Nov. 29, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Class of Warrant or Right [Line Items]
Exercise price		$ 11.50		$ 11.50
Warrants expire date		Jul. 30, 2026		Jul. 30, 2026
Class Or Warrant Issued Price Per Share	$ 0.10
Class of Warrant or Right, Date from which Warrants or Rights Exercisable				Aug. 29, 2021
Change in fair value of warrant liabilities		$ 21,004,000	$ 0	$ 23,140,000	$ 0
Class Of Warrant Or Rights Date From Which Warrants Or Rights Exercisable Expired				Jul. 30, 2026
Warrant liabilities		$ 39,338,000		$ 39,338,000		$ 62,478,000
Public Warrants [Member]
Class of Warrant or Right [Line Items]
Warrants outstanding	17,299,983	17,800,000		17,800,000		17,800,000
Class of warrant or right number of securities called by each warrant or right	10,638
Proceeds from Warrant Exercises	$ 100,000
Payments for Repurchase of Warrants	$ 100,000
Class Of Warrants And Rights Issued During The Period	15,876,341
Class of Warrant or Right, Unissued	1,413,004
Warrants and Rights Outstanding						$ 0
Public Warrants [Member] | Common Class A [Member]
Class of Warrant or Right [Line Items]
Stock Issued During Period, Shares, Conversion of Convertible Securities	4,826,339

Commitments - Additional Inform

Commitments - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2022
Long Term Purchasing Agreement Relating To Licensing Data Used [Member]
Other Commitments [Line Items]
Long term purchase commitement month of expiry	2031

Related Parties - Additional In

Related Parties - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Revenue from related parties	$ 200		$ 300
Human Resource Support Services [Member]
Related party transaction out of pocket expenses	100	$ 100	100	$ 50
Employee Health Insurance Benefits Expenses [Member]
Associated payables	300		300		$ 200
Revenue from related parties	800	$ 800	1,600	$ 1,600
Sales Tax Processing Services Member
Related party transaction out of pocket expenses	100		300
Associated payables	$ 0		$ 0		$ 0

Net Income (Loss) Per Share - A

Net Income (Loss) Per Share - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Antidilutive securities excluded from the computation of earnings per share	22,162,166	0	14,336,893	18,185,977
Sponsor Vesting Shares [Member]
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Weighted Average Number of Shares Outstanding, Diluted, Adjustment			8,625,000

Net Income (Loss) Per Share - S

Net Income (Loss) Per Share - Schedule Of Earnings Per Share, Basic and Diluted (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Numerator
Net income (loss)	$ 15,564		$ 3,816		$ 27,539	$ (1,268)
Earnings Per Shares Basic and Diluted
Weighted average shares of common stock - basic	605,948,628		505,430,380		604,534,589	505,252,635
Dilutive effect of stock based awards	$ 34,016,068		$ 18,257,118		$ 36,115,708	$ 0
Weighted average shares of common stock - diluted	639,964,696	639,964,696	523,687,498	523,687,498	640,650,297	505,252,635
Earnings Per Shares Basic and Diluted Other Disclosures
Basic	$ 0.03		$ 0.01		$ 0.05	$ 0
Diluted	$ 0.02		$ 0.01		$ 0.04	$ 0

Segment Information And Infor_3

Segment Information And Information About Geographic Areas - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2022 Segment
Revenues from External Customers and Long-Lived Assets [Line Items]
Number of operating segments	1

Segment Information And Infor_4

Segment Information And Information About Geographic Areas - Schedule of Revenues by Geographic Area (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	$ 192,786	$ 166,789	$ 379,609	$ 324,578
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue from Contract with Customer By Geographic Area	190,852	165,502	375,691	321,487
China [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue from Contract with Customer By Geographic Area	$ 1,934	$ 1,287	$ 3,918	$ 3,091

Segment Information And Infor_5

Segment Information And Information About Geographic Areas - Schedule of Software, Equipment and Property, Net by Geographic Area (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Net software, equipment, and property	$ 143,629	$ 135,845
Americas [Member] | Property Plant And Equipment Net [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	143,586	135,784
China [Member] | Property Plant And Equipment Net [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-Lived Assets	$ 43	$ 61

Gain on Sale of Cost Method I_2

Gain on Sale of Cost Method Investment - Additional Information (Details) - USD ($) $ in Millions	1 Months Ended	6 Months Ended
	Feb. 28, 2022	Jun. 30, 2022	Dec. 31, 2021
Statement of Cash Flows [Abstract]
Proceeds from sale of equity method investments	$ 3.9
Cost method investments recognized gains		$ 3.6
Cost method investments carrying value			$ 0.3

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - $ / shares	Jun. 30, 2022	Dec. 31, 2021
Subsequent Event [Line Items]
Common stock shares issued	615,501,951	609,768,296
Common stock par or stated value per share	$ 0.0001	$ 0.0001