PAR Technology (PAR) 10-Q 9 Aug 21 2021 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2021	Aug. 02, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2021
Document Transition Report	false
Entity File Number	1-09720
Entity Registrant Name	PAR TECHNOLOGY CORPORATION
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	16-1434688
Entity Address, Address Line One	PAR Technology Park
Entity Address, Address Line Two	8383 Seneca Turnpike
Entity Address, City or Town	New Hartford
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	13413-4991
City Area Code	315
Local Phone Number	738-0600
Title of 12(b) Security	Common Stock, $0.02 par value
Trading Symbol	PAR
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		25,857,858
Entity Central Index Key	0000708821
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Amendment Flag	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 85,218	$ 180,686
Accounts receivable – net	45,248	42,980
Inventories – net	29,947	21,638
Other current assets	16,592	3,625
Total current assets	177,005	248,929
Property, plant and equipment – net	14,006	13,856
Goodwill	458,773	41,214
Intangible assets – net	130,726	33,121
Lease right-of-use assets	4,779	2,569
Other assets	12,386	4,060
Total assets	797,675	343,749
Current liabilities:
Current portion of long-term debt	685	666
Accounts payable	21,822	12,791
Accrued salaries and benefits	16,225	13,190
Accrued expenses	5,172	2,606
Lease liabilities – current portion	1,865	1,200
Customer deposits and deferred service revenue	14,584	9,506
Total current liabilities	60,353	39,959
Lease liabilities – net of current portion	3,322	1,462
Deferred service revenue – noncurrent	5,234	3,082
Long-term debt	279,087	105,844
Other long-term liabilities	13,118	4,997
Total liabilities	361,114	155,344
Commitments and contingencies
Shareholders’ equity:
Preferred stock, $.02 par value, 1,000,000 shares authorized	0	0
Common stock, $.02 par value, 58,000,000 shares authorized, 26,998,216 and 22,982,955 shares issued, 25,848,889 and 21,917,357 outstanding at June 30, 2021 and December 31, 2020, respectively	540	459
Additional paid in capital	514,295	243,575
Accumulated deficit	(64,933)	(46,706)
Accumulated other comprehensive loss	(3,883)	(3,936)
Treasury stock, at cost, 1,149,327 shares and 1,065,598 shares at June 30, 2021 and December 31, 2020, respectively	(9,458)	(4,987)
Total shareholders’ equity	436,561	188,405
Total Liabilities and Shareholders’ Equity	$ 797,675	$ 343,749

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2021	Dec. 31, 2020
Shareholders’ equity:
Preferred stock, par value (in dollars per share)	$ 0.02	$ 0.02
Preferred stock authorized (in shares)	1,000,000	1,000,000
Common stock per value (in dollars per share)	$ 0.02	$ 0.02
Common stock authorized (in shares)	58,000,000	58,000,000
Common stock issued (in shares)	26,998,216	22,982,955
Common stock outstanding (in shares)	25,848,889	21,917,357
Treasury stock at cost (in shares)	1,149,327	1,065,598

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Net revenues:
Revenue	$ 68,950	$ 45,691	$ 123,417	$ 100,423
Costs of sales:
Cost of sales	53,847	36,612	98,114	80,297
Gross margin	15,103	9,079	25,303	20,126
Operating expenses:
Selling, general and administrative	22,946	10,049	37,483	21,476
Research and development	8,643	4,538	14,452	9,403
Amortization of identifiable intangible assets	489	210	764	420
Gain on insurance proceeds	0	0	(4,400)	0
Operating expenses	32,078	14,797	48,299	31,299
Operating loss	(16,975)	(5,718)	(22,996)	(11,173)
Other expense – net	(341)	(139)	(392)	(764)
Loss on extinguishment of debt	0	0	0	(8,123)
Interest expense – net	(4,937)	(2,111)	(7,097)	(4,083)
Loss before provision for income taxes	(22,253)	(7,968)	(30,485)	(24,143)
Benefit from (provision for) income taxes	12,297	(1,008)	12,258	4,257
Net loss	$ (9,956)	$ (8,976)	$ (18,227)	$ (19,886)
Net loss per share, basic (in dollars per share)	$ (0.39)	$ (0.49)	$ (0.77)	$ (1.10)
Net loss per share, diluted (in dollars per share)	$ (0.39)	$ (0.49)	$ (0.77)	$ (1.10)
Weighted average shares outstanding, basic (in shares)	25,484	18,244	23,716	18,092
Weighted average shares outstanding, diluted (in shares)	25,484	18,244	23,716	18,092
Product
Net revenues:
Revenue	$ 23,939	$ 12,333	$ 42,495	$ 30,967
Costs of sales:
Cost of sales	18,487	9,982	33,372	24,887
Service
Net revenues:
Revenue	27,185	15,300	45,213	34,075
Costs of sales:
Cost of sales	18,940	9,912	31,635	22,558
Contract
Net revenues:
Revenue	17,826	18,058	35,709	35,381
Costs of sales:
Cost of sales	$ 16,420	$ 16,718	$ 33,107	$ 32,852

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Statement of Comprehensive Income [Abstract]
Net loss	$ (9,956)	$ (8,976)	$ (18,227)	$ (19,886)
Other comprehensive income loss, net of applicable tax:
Foreign currency translation adjustments	355	158	53	359
Comprehensive loss	$ (9,601)	$ (8,818)	$ (18,174)	$ (19,527)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid in Capital	Accumulated deficit	Accumulated Other Comprehensive Loss	Treasury Stock
Beginning Balance (in shares) at Dec. 31, 2019		18,360,000				1,731,000
Beginning Balance at Dec. 31, 2019	$ 72,847	$ 367	$ 94,372	$ (10,144)	$ (5,368)	$ (6,380)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon the exercise of stock options (in shares)		2,000
Issuance of common stock upon the exercise of stock options	30		30
Net issuance of restricted stock awards (in shares)		21,000
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock (in shares)						38,000
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	(524)					$ (524)
Issuance of restricted stock for acquisition (in shares)		908,000
Issuance of restricted stock for acquisition	19	$ 19
Equity component of redeemed 2024 convertible notes (in shares)						(722,000)
Equity component of redeemed 2024 convertible notes	(5,553)		(7,988)			$ 2,435
Equity component of issued 2026 convertible notes	19,097		19,097
Stock-based compensation	1,089		1,089
Foreign currency translation adjustments	201				201
Net loss	(10,910)			(10,910)
Ending Balance (in shares) at Mar. 31, 2020		19,291,000				1,047,000
Ending Balance at Mar. 31, 2020	76,296	$ 386	106,600	(21,054)	(5,167)	$ (4,469)
Beginning Balance (in shares) at Dec. 31, 2019		18,360,000				1,731,000
Beginning Balance at Dec. 31, 2019	72,847	$ 367	94,372	(10,144)	(5,368)	$ (6,380)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Foreign currency translation adjustments	359
Net loss	(19,886)
Ending Balance (in shares) at Jun. 30, 2020		19,295,000				1,050,000
Ending Balance at Jun. 30, 2020	68,610	$ 386	107,540	(30,030)	(5,009)	$ (4,277)
Beginning Balance (in shares) at Mar. 31, 2020		19,291,000				1,047,000
Beginning Balance at Mar. 31, 2020	76,296	$ 386	106,600	(21,054)	(5,167)	$ (4,469)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon the exercise of stock options (in shares)		4,000
Issuance of common stock upon the exercise of stock options	12		12
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock (in shares)						3,000
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	(3)		(195)			$ 192
Stock-based compensation	1,123		1,123
Foreign currency translation adjustments	158				158
Net loss	(8,976)			(8,976)
Ending Balance (in shares) at Jun. 30, 2020		19,295,000				1,050,000
Ending Balance at Jun. 30, 2020	$ 68,610	$ 386	107,540	(30,030)	(5,009)	$ (4,277)
Beginning Balance (in shares) at Dec. 31, 2020	21,917,357	22,983,000				1,066,000
Beginning Balance at Dec. 31, 2020	$ 188,405	$ 459	243,575	(46,706)	(3,936)	$ (4,987)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon the exercise of stock options (in shares)		34,000
Issuance of common stock upon the exercise of stock options	409	$ 1	408
Net issuance of restricted stock awards (in shares)		87,000
Net issuance of restricted stock awards	265	$ 2	263
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock (in shares)						76,000
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	(3,974)					$ (3,974)
Stock-based compensation	1,320		1,320
Foreign currency translation adjustments	(302)				(302)
Net loss	(8,271)			(8,271)
Ending Balance (in shares) at Mar. 31, 2021		23,104,000				1,142,000
Ending Balance at Mar. 31, 2021	$ 177,852	$ 462	245,566	(54,977)	(4,238)	$ (8,961)
Beginning Balance (in shares) at Dec. 31, 2020	21,917,357	22,983,000				1,066,000
Beginning Balance at Dec. 31, 2020	$ 188,405	$ 459	243,575	(46,706)	(3,936)	$ (4,987)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon the exercise of stock options (in shares)	54,000
Foreign currency translation adjustments	$ 53
Net loss	$ (18,227)
Ending Balance (in shares) at Jun. 30, 2021	25,848,889	26,998,000				1,149,000
Ending Balance at Jun. 30, 2021	$ 436,561	$ 540	514,295	(64,933)	(3,883)	$ (9,458)
Beginning Balance (in shares) at Mar. 31, 2021		23,104,000				1,142,000
Beginning Balance at Mar. 31, 2021	177,852	$ 462	245,566	(54,977)	(4,238)	$ (8,961)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon the exercise of stock options (in shares)		20,000
Issuance of common stock upon the exercise of stock options	209		209
Net issuance of restricted stock awards (in shares)		28,000
Net issuance of restricted stock awards	1	$ 1
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock (in shares)						7,000
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	(497)					$ (497)
Issuance of restricted stock for acquisition (in shares)		1,493,000
Issuance of restricted stock for acquisition	108,659	$ 30	108,629
Issuance of common stock (in shares)		2,353,000
Issuance of common stock	155,687	$ 47	155,640
Stock-based compensation	4,251		4,251
Foreign currency translation adjustments	355				355
Net loss	$ (9,956)			(9,956)
Ending Balance (in shares) at Jun. 30, 2021	25,848,889	26,998,000				1,149,000
Ending Balance at Jun. 30, 2021	$ 436,561	$ 540	$ 514,295	$ (64,933)	$ (3,883)	$ (9,458)

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020
Payments for common stock issuance costs	$ 4,300		$ 4,314	$ 0
Convertible Notes | Convertible Senior Notes due 2024
Convertible notes conversion discount, taxes		$ 1,800
Issuance cost, equity component	1,100		1,100
Convertible Notes | Convertible Senior Notes Due 2026
Convertible notes conversion discount, taxes		6,200		$ 4,400
Issuance cost, equity component	$ 900	$ 900	$ 900

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities:
Net loss	$ (18,227)	$ (19,886)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation and amortization	8,870	4,537
Accretion of debt in interest expense	2,917	2,163
Current expected credit losses	922	978
Provision for obsolete inventory	511	1,439
Stock-based compensation	5,571	2,212
Loss on debt extinguishment	0	8,123
Deferred income tax	(12,360)	(4,408)
Changes in operating assets and liabilities, net of acquisition:
Accounts receivable	7,065	2,560
Inventories	(8,765)	(8,105)
Other current assets	(11,049)	260
Other assets	(1,525)	119
Accounts payable	4,933	(931)
Accrued salaries and benefits	(1,276)	(231)
Accrued expenses	(6,345)	(652)
Customer deposits and deferred service revenue	(3,901)	(2,438)
Other long-term liabilities	(399)	618
Net cash used in operating activities	(33,058)	(13,642)
Cash flows from investing activities:
Settlement of working capital for acquisitions	0	172
Cash paid for acquisition, net of cash acquired	(377,263)	0
Capital expenditures	(600)	(188)
Capitalization of software costs	(3,838)	(4,613)
Net cash used in investing activities	(381,701)	(4,629)
Cash flows from financing activities:
Principal payments of long-term debt	(3,643)	(313)
Payments for the extinguishment of notes payable	0	(66,250)
Proceeds from common stock issuance	160,000	0
Payments for common stock issuance costs	(4,314)	0
Proceeds from debt issuance, net of original issue discount	176,385	115,916
Payments for debt issuance costs	(5,711)	0
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	(3,987)	(332)
Proceeds from exercise of stock options	617	42
Net cash provided by financing activities	319,347	49,063
Effect of exchange rate changes on cash and cash equivalents	(56)	(53)
Net (decrease) increase in cash and cash equivalents	(95,468)	30,739
Cash and cash equivalents at beginning of period	180,686	28,036
Cash and equivalents at end of period	85,218	58,775
Supplemental non-cash investing and financing flow information:
Cash paid for interest	3,724	1,262
Cash taxes paid, net of refunds	58	10
Capitalized software recorded in accounts payable	73	245
Capital expenditures in accounts payable	20	0
Tax withholding in accrued salaries and benefits related to treasury stock acquired from employees	482	0
Common stock issued for acquisition	108,659	0
Acquisition consideration not yet settled	$ 1,001	$ 0

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements (“financial statements”) of PAR Technology Corporation through its consolidated subsidiaries (collectively, the “Company”, “PAR”, “we”, “us” or “our Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial statements and the instructions to Form 10-Q and Regulation S-X pertaining to interim financial statements as promulgated by the Securities and Exchange Commission (“SEC”). In the opinion of management, the Company's financial statements include all normal and recurring adjustments necessary in order to make the financial statements not misleading and to provide a fair presentation of the Company's financial results for the interim period included in this Quarterly Report on Form 10-Q for the quarter ended June 30, 2021 (this “Quarterly Report”). Interim results are not necessarily indicative of results for the full year or any future periods. The information included in this Quarterly Report 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 fiscal year ended December 31, 2020 filed with the SEC on March 16, 2021 (“2020 Annual Report”). The preparation of the financial statements requires management of the Company to make a number of estimates and assumptions relating to the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Significant items subject to such estimates and assumptions include revenue recognition, stock-based compensation, the recognition and measurement of assets acquired and liabilities assumed in business combinations at fair value, the carrying amount of property, plant and equipment including right-to-use assets and liabilities, identifiable intangible assets and goodwill, the measurement of liabilities and equity recognized for outstanding convertible notes, valuation allowances for receivables, inventories, and measurement of contingent consideration at fair value. Actual results could differ from these estimates. The Company's estimates are subject to uncertainties, including those associated with the ongoing COVID-19 pandemic, which cannot be predicted. There can be no assurance that the COVID-19 pandemic will not have a material adverse effect on the Company's estimates. The Company operates in two distinct reporting segments, Restaurant/Retail and Government. The Company’s chief operating decision maker is the Company’s Chief Executive Officer. The Restaurant/Retail segment provides point-of-sale (“POS”) software and hardware, loyalty software, back-office software, and integrated technical solutions to the restaurant and retail industries. The Government segment provides intelligence, surveillance, and reconnaissance solutions and mission systems support to the United States Department of Defense and other Federal agencies. The financial statements also include corporate operations, which are comprised of enterprise-wide functional departments. Cash and Cash Equivalents The Company considers all highly liquid investments purchased with a remaining maturity of three months or less, to be cash equivalents, including money market funds. The Company maintained bank balances that, at times, exceeded the federally insured limit during the six months ended June 30, 2021. The Company has not experienced losses relating to these deposits and management does not believe that the Company is exposed to any significant credit risk with respect to these amounts. Cash and cash equivalents consist of the following (in thousands): June 30, 2021 December 31, 2020 Cash and cash equivalents Cash $ 60,413 $ 59,700 Money market funds 24,805 120,986 Total cash and cash equivalents $ 85,218 $ 180,686 Gain on Insurance Proceeds During the first quarter of 2021, the Company received $4.4 million of insurance proceeds in connection with the settlement of a legacy claim; there were no additional insurance proceeds were received during the three months ended June 30, 2021. Other Long-Term Liabilities Other long-term liabilities represent amounts owed to employees that participate in the Company’s deferred compensation plan and the long-term portion of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) deferred payroll taxes. The amount owed to employees participating in the deferred compensation plan was $2.8 million at June 30, 2021 and December 31, 2020. Additionally, indemnification and net deferred tax liabilities resulting from the Punchh Acquisition of approximately $6.0 million and $2.5 million, respectively, are presented within other long-term liabilities. (See “Note 3 — Acquisition” for additional information.) Under the CARES Act employers can defer payment of the employer portion of social security taxes through the end of 2020, with 50% of the deferred amount due December 31, 2021 and the remaining 50% due December 31, 2022. As permitted under the CARES Act, the Company deferred payment of the employer portion of social security taxes through the end of 2020. As of June 30, 2021 and December 31, 2020, the Company deferred a total of $2.8 million of payroll taxes during 2020, to be paid equally in the fourth quarters of 2021 and 2022. The current portion of the deferred payroll taxes was $1.4 million at June 30, 2021 and December 31, 2020 and was included within accrued salaries and benefits and $1.4 million in other long-term liabilities on the consolidated balance sheet. Recently Adopted Accounting Pronouncements In December 2019, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes , which is intended to simplify various requirements related to accounting for income taxes. ASU 2019-12 removes certain exceptions to the general principles in Topic 740 and clarifies and amends existing guidance to improve consistent application. The Company adopted ASU 2019-12 effective January 1, 2021, and the application of the standard had no material impact on the Company's financial statements for the six months ended June 30, 2021. Accounting Pronouncements Not Yet Adopted In August 2020, the FASB issued ASU 2020-06, Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40) , which is intended to reduce the number of accounting models for convertible debt instruments and convertible preferred stock, and amend guidance for the derivatives scope exception for contracts in an entity’s own equity to reduce form-over-substance-based accounting conclusions. ASU 2020-06 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2021, with early adoption permitted. The Company is currently assessing the impact of this standard on its financial statements. With the exception of the standards discussed above, there were no other recent accounting pronouncements or changes in accounting pronouncements during the three months ended June 30, 2021 that are of significance or potential significance to the Company.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition The Company's revenue is derived from software as a service (“SaaS”), hardware and software sales, software activation, hardware support, installations, maintenance and professional services. Accounting Standards Codification (“ASC”) Topic 606 : Revenue from Contracts with Customers requires the Company to distinguish and measure performance obligations under customer contracts. Contract consideration is allocated to all performance obligations within the arrangement or contract. Performance obligations that are determined not to be distinct are combined with other performance obligations until the combined unit is determined to be distinct and that combined unit is then recognized as revenue over time or at a point in time depending on when control is transferred. The Company evaluated the potential performance obligations within its Restaurant/Retail segment and evaluated whether each performance obligation met the ASC Topic 606 criteria to be considered a distinct performance obligation. Revenue in the Restaurant/Retail segment is recognized at a point in time for software, hardware and installations. Revenue on these items are recognized when the customer obtains control of the asset. This generally occurs upon delivery and acceptance by the customer or upon installation or delivery to a third party carrier for onward delivery to customer. Additionally, revenue in the Restaurant/Retail segment relating to SaaS, the Company's Advanced Exchange hardware service program, its on-site support and other services is recognized over time as the customer simultaneously receives and consumes the benefits of the Company’s performance obligations. The Company’s support services are stand-ready obligations that are provided over the life of the contract, generally 12 months. The Company offers installation services to its customers for hardware and software for which the Company primarily hires third-party contractors to install the equipment on the Company's behalf. The Company pays third party contractors an installation service fee based on an hourly rate agreed to by the Company and contractor. When third party installers are used, the Company determines whether the nature of its performance obligations is to provide the specified goods or services itself (principal) or to arrange for a third-party to provide the goods or services (agent). In the Company's customer arrangements, the Company is primarily responsible for providing a good or service, has inventory risk before the good or service is transferred to the customer, and discretion in establishing prices; as a result, the Company has concluded that it is the principal in the arrangement and records installation revenue on a gross basis. The support services associated with hardware and software sales are “stand-ready obligations” satisfied over time on the basis that the customer consumes and receives a benefit from having access to the Company's support resources, when and as needed, throughout the contract term. For this reason, the support services are recognized ratably over the contract term since the Company satisfies its obligation to stand ready by performing these services each day. Contracts typically require payment within 30 to 90 days from the shipping date or installation date, depending on the Company's terms with the customer. The primary method used to estimate a stand-alone selling price, is the price that the Company charges for the particular good or service sold by the Company separately under similar circumstances to similar customers. The Company determines stand-alone selling prices as follows: hardware, software and software activation (one-time fee at the initial offering of software or SaaS) performance obligations are recognized at a stand-alone selling price based on the price at which the Company sells the particular good or service separately in similar circumstances and to similar customers. The stand-alone selling price for all other performance obligations, including: pass-through hardware, such as terminals, printers, or card readers; hardware support (referred to as Advanced Exchange), installation, maintenance, software upgrades, and professional services (project management) is recognized by using an expected cost plus margin. The Company's revenue in the Government segment is recognized over time as control is generally transferred continuously to its customers. Revenue generated by the Government segment is predominantly related to services; provided, however, revenue is also generated through the sale of materials, software, hardware, and maintenance. For the Government segment cost plus fixed fee contract portfolio, revenue is recognized over time using costs incurred to date to measure progress toward satisfying the Company's performance obligations. Incurred cost represents work performed, which corresponds with, and thereby best depicts, the transfer of control to the customer. Contract costs include labor, material, overhead and general and administrative expenses. Profit is recognized on the fixed fee portion of the contract as costs are incurred and invoiced. Long-term fixed price contracts involve the use of judgment to estimate the total contract revenue and costs. For long-term fixed price contracts, the Company estimates the profit on a contract as the difference between the total estimated revenue and expected costs to complete the contract, and recognize that profit over the life of the contract. Contract estimates are based on various assumptions to project the outcome of future events. These assumptions include: labor productivity and availability; the complexity of the work to be performed; and the performance of subcontractors. Revenue and profit in future periods of contract performance are recognized using the aforesaid assumptions, and adjusting the estimate of costs to complete a contract. Once the services provided are determined to be distinct or not distinct, the Company evaluates how to allocate the transaction price. Generally, the Government segment does not sell the same good or service to similar customers and the contract performance obligations are unique to each government solicitation. The performance obligations are typically not distinct. In cases where there are distinct performance obligations, the transaction price would be allocated to each performance obligation on a ratable basis based upon the stand-alone selling price of each performance obligation. Cost plus margin is used for the cost plus fixed fee contract portfolios as well as the fixed price and time and materials contracts portfolios to determine the stand-alone selling price. In the Government segment, when determining revenue recognition, the Company analyzes whether its performance obligations under Government contracts are satisfied over a period of time or at a point in time. In general, the Company's performance obligations are satisfied over a period of time; however, there may be circumstances where the latter or both scenarios could apply to a contract. The Company usually expects payment within 30 to 90 days from satisfaction of its performance obligation. None of the Company's contracts as of June 30, 2021 or June 30, 2020 contained a significant financing component. Performance Obligations Outstanding The Company's performance obligations outstanding represent the transaction price of firm, non-cancellable orders, with expected delivery dates to customers after June 30, 2021 and 2020, respectively, for work that has not yet been performed. The activity of outstanding performance obligations as it relates to customer deposits and deferred service revenue is as follows: (in thousands) 2021 2020 Beginning balance - January 1 $ 11,082 $ 12,486 Acquired deferred revenue (Note 3) 11,125 — Recognition of deferred revenue (11,437) (7,727) Deferral of revenue 7,321 7,268 Ending balance - June 30 $ 18,091 $ 12,027 The above table excludes customer deposits of $1.7 million and $1.5 million for the six months ended June 30, 2021 and 2020, respectively. The majority of the deferred revenue balances above relate to professional services, maintenance agreements, and software licenses. These balances are recognized on a straight-line basis over the life of the contract, with the majority of the balance to be recognized within the next twelve months. In the Restaurant/Retail segment most performance obligations relate to service and support contracts, approximately 71% of which the Company expects to fulfill within one year. The Company expects to fulfill 100% of support and service contracts within 60 months. At June 30, 2021 and December 31, 2020, transaction prices allocated to future performance obligations were $18.1 million and $11.1 million, respectively. During the three months ended June 30, 2021 and 2020, the Company recognized revenue of $8.8 million and $3.6 million, respectively, which are included in contract liabilities at the beginning of each such period. During the six months ended June 30, 2021 and 2020, the Company recognized revenue of $11.4 million and $7.7 million, respectively, which are included in contract liabilities at the beginning of each such period. In the Government segment, the value of existing contracts at June 30, 2021, net of amounts relating to work performed to that date, was approximately $141.2 million, of which $32.1 million was funded, and at December 31, 2020, net of amounts relating to work performed to that date, was approximately $150.5 million, of which $27.8 million was funded. The value of existing contracts in the Government segment, net of amounts relating to work performed at June 30, 2021, are expected to be recognized as revenue over time as follows (in thousands): Next 12 Months $ 67,995 Months 13-24 39,101 Months 25-36 22,647 Thereafter 11,464 TOTAL $ 141,207 Disaggregated Revenue The Company disaggregates revenue from contracts with customers by major product line for each of its reporting segments because the Company believes it best depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Disaggregation of revenue is as follows (in thousands): Three months ended June 30, 2021 Restaurant/Retail Restaurant/Retail Government Hardware $ 23,355 $ — $ — Software 294 14,806 — Service 5,462 7,207 — Mission Systems — — 9,284 ISR Solutions — — 8,338 Product — — 204 TOTAL $ 29,111 $ 22,013 $ 17,826 Three months ended June 30, 2020 Restaurant/Retail Restaurant/Retail Government Hardware $ 12,104 $ — $ — Software 624 7,232 — Service 2,170 5,503 — Mission Systems — — 8,087 ISR Solutions — — 9,742 Product — — 229 TOTAL $ 14,898 $ 12,735 $ 18,058 The Company has reclassified the prior year information in the above table to conform to the current year presentation; Restaurant/Retail of $27.6 million is presented across hardware, software and service, and ISR solutions of $9.9 million is presented across ISR solutions and product. Six months ended June 30, 2021 Restaurant/Retail Restaurant/Retail Government Hardware $ 41,190 $ — $ — Software 537 22,439 — Service 8,874 14,668 — Mission Systems — — 18,831 ISR Solutions — — 16,469 Product — — 409 TOTAL $ 50,601 $ 37,107 $ 35,709 Six months ended June 30, 2020 Restaurant/Retail Restaurant/Retail Government Hardware $ 30,241 $ — $ — Software 1,186 14,618 — Service 7,112 11,885 — Mission Systems — — 16,535 ISR Solutions — — 18,514 Product 332 TOTAL $ 38,539 $ 26,503 $ 35,381 The Company has reclassified the prior year information in the above table to conform to the current year presentation; Restaurant/Retail of $65.0 million is presented across hardware, software and service, and ISR solutions of $18.8 million is presented across ISR solutions and product. Practical Expedients and Exemptions The Company generally expenses sales commissions when incurred because the amortization period would be less than one year or the total amount of commissions is immaterial. Commissions are recorded in selling, general and administrative expenses. The Company elected to exclude from the transaction price measurement, all taxes assessed by governmental authorities that are both imposed on and concurrent with a specific revenue-producing transaction and collected by the Company from a customer (for example, sales, use, value added, and some excise taxes).

Acquisition

Acquisition	6 Months Ended
	Jun. 30, 2021
Business Combination and Asset Acquisition [Abstract]
Acquisition	Acquisition On April 8, 2021 (the “Closing Date”), the Company, ParTech, Inc., and Sliver Merger Sub, Inc., a wholly owned subsidiary of ParTech, Inc. (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Punchh Inc. (“Punchh”), and Fortis Advisors LLC, solely in its capacity as the initial Stockholder Representative. Pursuant to the Merger Agreement, on April 8, 2021, Merger Sub merged with and into Punchh (the “Merger”), with Punchh surviving the Merger and becoming a wholly owned subsidiary of the Company (“Punchh Acquisition”). Punchh is a leader in SaaS-based customer loyalty and engagement solutions. With this acquisition, the Company offers its customers a unified commerce cloud platform with Brink POS cloud software for front-of-house, Data Central for back-office cloud software, PAR Pay and PAR Payment Services for payment solutions, and Punchh for loyalty and engagement software. In connection with the Merger, the Company paid former Punchh equity holders approximately $509.6 million (including holders of vested options and warrants) consisting of approximately (i) $400.9 million in cash (the “Cash Consideration”), and (ii) 1,493,130 shares of the Company's common stock, in each case subject to certain adjustments (including customary adjustments for Punchh cash, debt, debt-like items, and net working capital at closing) for 100% of the equity interests in Punchh. An additional 101,072 shares of the Company's common stock are reserved for options granted as replacement awards for fully vested unexercised awards assumed in connection with the Merger. Further, the Company incurred acquisition related expenses of approximately $3.4 million. Consideration for total common shares issued and reserved of 1,594,202 was determined using a fair value share price of $68.00 (“Equity Consideration”), representing total Equity Consideration of $108.7 million. Approximately $1.1 million of the Cash Consideration had not yet settled as of June 30, 2021. In connection with, and to partially fund the Cash Consideration for, the Merger, on April 8, 2021, the Company, together with certain of its U.S. Subsidiaries, as guarantors, entered into a credit agreement with the lenders party thereto, and Owl Rock First Lien Master Fund, L.P., as administrative agent and collateral agent (the “Owl Rock Credit Agreement”), that provides for a term loan in an initial aggregate principal amount of $180.0 million; and (ii) securities purchase agreements (the “Purchase Agreements”) with each of PAR Act III, LLC (“Act III”), and certain funds and accounts advised by T. Rowe Price Associates, Inc., acting as investment adviser (such funds and accounts being collectively referred to herein as “TRP”), to raise approximately $160.0 million through a private placement of the Company's common stock. The Company also issued to Act III a warrant (the “Warrant”) to purchase 500,000 shares of the Company's common stock with an exercise price of $76.50 per share and five year exercise period. Additionally, on the Closing Date approximately $6.0 million of the Cash Consideration was deposited into a third party escrow fund, to be held for up to 18-months following the Closing Date, to fund (i) potential payment obligations of Punchh equity holders with respect to post-closing adjustments to the Cash and Equity Consideration and (ii) potential post-closing indemnification obligations of Punchh equity holders, in each case in accordance with the terms of the Merger Agreement. The Company recognized indemnification assets and liabilities of approximately $6.0 million to other assets and other long-term liabilities, respectively, to account for amounts deposited into the third party escrow fund. Allocation of Acquisition Consideration The Punchh Acquisition was accounted for as a business combination in accordance with ASC Topic 805, Business Combinations . Accordingly, assets acquired and liabilities assumed in the Punchh Acquisition were accounted for at their preliminarily determined respective fair values as of April 8, 2021. The preliminary fair value determinations were based on management's best estimates and assumptions, and through the use of independent valuation and tax consultants. Identified preliminary fair values are subject to measurement period adjustments within the permitted measurement period (up to one year from the acquisition date) as independent consultants finalize their procedures and net working capital adjustments are agreed upon and settled. The following table presents management's preliminary purchase price allocation: (in thousands) Purchase price allocation Cash $ 22,714 Accounts receivable 10,214 Property and equipment 592 Right of use lease assets 2,473 Developed technology 88,200 Customer relationships 7,500 Indemnification assets 5,950 Trade name 5,800 Prepaid and other acquired assets 2,764 Goodwill 417,559 Total assets 563,766 Accounts payable and accrued expenses 15,827 Deferred revenue 11,125 Loan payables 3,508 Right of use lease liabilities 2,787 Indemnification liabilities 5,950 Deferred taxes 14,930 Consideration paid $ 509,639 Intangible Assets The Company identified three acquired intangible assets in the Punchh Acquisition: developed technology; customer relationships; and, the Punchh trade name. The preliminary fair value of developed technology and customer relationship intangible assets were determined utilizing the “multi-period excess earnings method”, which is predicated upon the calculation of the net present value of after-tax net cash flows respectively attributable to each asset. The preliminary fair value of the Punchh trade name intangible was determined utilizing the “relief from royalty” approach, which is a form of the income approach that attributes savings incurred from not having to pay a royalty for the use of an asset. The estimated useful life of these identifiable intangible assets was preliminarily determined to be indefinite for the Punchh trade name and seven years for both the developed technology and customer relationships intangible assets. Goodwill Goodwill represents the excess of consideration transferred for the fair value of net identifiable assets acquired and is tested for impairment at least annually. It is not deductible for income tax purposes. Deferred Revenue Deferred revenue acquired in the Punchh Acquisition was fair valued to determined allocation of consideration transferred to assume the liability. The preliminary fair value was determined utilizing the “bottom-up” approach, which is a form of the income approach that measures the liability as the direct, incremental costs to fulfill the legal obligation, plus a reasonable profit margin for the services being delivered. Loans Payable Loan liabilities assumed in the Punchh Acquisition were primarily comprised of Punchh's $3.3 million CARES Act Paycheck Protection Program loan. The Company extinguished all assumed loan payables, including the assumed CARES Act loan, through repayment of the loans on the Closing Date. Right-of-Use Lease Assets and Liabilities The Company assumed real property leases in the Punchh Acquisition related to office space in California, Texas and India and have accounted for these leases as Operating Leases in accordance with ASC 842, Leases. The assumed leases have lease terms that run through 2021 to 2026. Valuation specialists were utilized by the Company to appraise the assumed leases against competitive market rates to determine the fair value of the lease liabilities assumed, which identified a $0.3 million unfavorable lease liability that the Company recognized as part of the lease right of use asset. The income approach was applied to value the identified unfavorable lease liability. Deferred Taxes The Company determined the deferred tax position to be recorded at the time of the Punchh Acquisition in accordance with ASC 740, Income Taxes, resulting in recognition of deferred tax liabilities for future reversing of taxable temporary differences primarily for intangible assets and deferred tax assets primarily relating to net operating losses as of the Closing Date. A valuation allowance was also recorded against certain recognized deferred tax assets based on an evaluation of the realizability of the identified assets. These recognized deferred tax assets, liabilities and valuation allowance resulted in a preliminary net deferred tax liability of $14.9 million relating to the Punchh Acquisition. The net deferred tax liability relating to the Punchh Acquisition was determined by the Company to provide future taxable temporary differences that allow for the Company to utilize certain previously fully reserved deferred tax assets. Accordingly, the Company recognized a reduction to its valuation allowance in the three months ended June 30, 2021, resulting in a net tax benefit of $12.4 million for the period. Unaudited Pro Forma Financial Information For the three and six months ended June 30, 2021, the Punchh Acquisition resulted in additional revenues of $8.1 million. The Company determined it impractical to report net loss for the Punchh Acquisition for the three and six months ended June 30, 2021. The unaudited pro forma results of operations are not necessarily indicative of the results that would have occurred had the Punchh Acquisition been consummated at the beginning of the periods presented, nor are they necessarily indicative of any future consolidated operating results. The following table summarizes the Company's unaudited pro forma operating results: Three months ended June 30, Six months ended June 30, (in thousands) 2021 2020 2021 2020 Total revenue $ 69,602 $ 51,727 $ 132,137 $ 112,829 Net loss $ (10,355) $ (11,592) $ (21,447) $ (26,197)

Accounts Receivable, Net

Accounts Receivable, Net	6 Months Ended
	Jun. 30, 2021
Receivables [Abstract]
Accounts Receivable, Net	Accounts Receivable, Net The Company’s net accounts receivables consists of (in thousands): June 30, 2021 December 31, 2020 Government segment: Billed $ 10,809 $ 11,225 Advanced billings — (948) 10,809 10,277 Restaurant/Retail segment: 34,439 32,703 Accounts receivable - net $ 45,248 $ 42,980 At June 30, 2021 and December 31, 2020, the Company had current, expected credit loss of $1.9 million and $1.4 million, respectively, against accounts receivable for the Restaurant/Retail segment. Changes in the current, expected credit loss were as follows: (in thousands) 2021 2020 Beginning Balance - January 1 $ 1,416 $ 1,849 Provisions 922 972 Write-offs (394) (773) Recoveries (15) — Ending Balance - June 30 $ 1,929 $ 2,048 Accounts receivables recorded as of June 30, 2021 and December 31, 2020 represent unconditional rights to payments from customers.

Inventories, Net

Inventories, Net	6 Months Ended
	Jun. 30, 2021
Inventory Disclosure [Abstract]
Inventories, Net	Inventories, Net Inventories are used in the manufacture and service of Restaurant/Retail products. The components of inventory, net of reserves, consisted of the following: (in thousands) June 30, 2021 December 31, 2020 Finished goods $ 15,482 $ 12,747 Work in process 238 16 Component parts 11,484 6,105 Service parts 2,743 2,770 Inventories, net $ 29,947 $ 21,638 At June 30, 2021 and December 31, 2020, the Company had excess and obsolescence reserves of $12.4 million and $12.0 million, respectively, against inventories.

Identifiable Intangible Assets

Identifiable Intangible Assets and Goodwill	6 Months Ended
	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Identifiable Intangible Assets and Goodwill	Identifiable Intangible Assets and Goodwill The Company's identifiable intangible assets represent intangible assets acquired from acquisitions and software development costs. The Company capitalizes certain costs related to the development of its software platform and other software applications for internal use in accordance with ASC Topic 350-40 , Intangibles - Goodwill and Other - Internal - Use Software . The Company begins to capitalize its costs to develop software when preliminary development efforts are successfully completed, management has authorized and committed project funding, and it is probable that the project will be completed and the software will be used as intended. The Company stops capitalizing these costs when the software is substantially complete and ready for its intended use, including the completion of all significant testing. These costs are amortized on a straight-line basis over the estimated useful life of the related asset, generally estimated to be three The Company exercises judgment in determining the point at which various projects may be capitalized, in assessing the ongoing value of the capitalized costs, and in determining the estimated useful lives over which the costs are amortized. To the extent the Company can change the manner in which new features and functionalities are developed and tested related to its software platform, assessing the ongoing value of capitalized assets or determining the estimated useful lives over which the costs are amortized, the amount of internal-use software development costs the Company capitalizes and amortizes could change in future periods. Included in identifiable intangible assets are approximately $3.0 million and $6.5 million of costs related to software products that have not satisfied the general release threshold as of June 30, 2021 and December 31, 2020, respectively. These software products will be ready for their intended use within the next 12 months. Software costs placed into service during the three months ended June 30, 2021 and 2020 were $2.7 million and $2.6 million, respectively. Software costs placed into service during the six months ended June 30, 2021 and 2020 were $7.5 million and $4.3 million, respectively. Annual amortization charged to cost of sales is computed using the straight-line method over the remaining estimated economic life of the product, generally three The components of identifiable intangible assets are: (in thousands) June 30, 2021 December 31, 2020 Estimated Acquired and internally developed software costs $ 135,875 $ 40,170 3 - 7 years Customer relationships 12,360 4,860 7 years Trade names 1,410 1,410 2 - 5 years Non-competition agreements 30 30 1 year 149,675 46,470 Less accumulated amortization (28,127) (20,265) 121,548 26,205 Internally developed software costs not yet ready for its intended use 2,978 6,516 Trademarks, trade names (non-amortizable) 6,200 400 $ 130,726 $ 33,121 The expected future amortization of intangible assets, assuming straight-line amortization of capitalized software development costs and acquisition related intangibles, excluding software costs not meeting the general release threshold, is as follows (in thousands): 2021, remaining $ 11,630 2022 21,889 2023 19,881 2024 17,281 2025 16,857 Thereafter 34,010 Total $ 121,548 The Company operates in two reporting segments, Restaurant/Retail and Government, are also the Company's identified reporting units for purposes of evaluating goodwill impairment. The Company tests goodwill for impairment on an annual basis, or more often if events or circumstances indicate that there may be impairment of goodwill. Goodwill is assigned to a specific reporting unit at the date the goodwill is initially recorded; once assigned, goodwill no longer retains its association with a particular acquisition and all of the activities within the reporting unit, whether acquired organically or from a third-party, are available to support the value of the goodwill. Goodwill carried by the Restaurant/Retail and Government segments is as follows: (in thousands) Beginning balance - December 31, 2020 $ 41,214 Punchh Acquisition 417,559 Ending balance - June 30, 2021 $ 458,773

Debt

Debt	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Debt	Debt Convertible Senior Notes On April 15, 2019, the Company sold $80.0 million in aggregate principal amount of 4.500% Convertible Senior Notes due 2024 (the “2024 Notes”). The 2024 Notes were sold pursuant to an indenture, dated April 15, 2019, between the Company and The Bank of New York Mellon Trust Company, N.A., as Trustee (the “2024 Indenture”). The 2024 Notes pay interest at a rate equal to 4.500% per year, payable semiannually in arrears on April 15 and October 15 of each year, beginning October 15, 2019. Interest accrues on the 2024 Notes from the last date to which interest has been paid or duly provided for or, if no interest has been paid or duly provided for, from April 15, 2019. Unless earlier converted, redeemed or repurchased, the 2024 Notes mature on April 15, 2024. On February 10, 2020, the Company sold $120.0 million in aggregate principal amount of 2.875% Convertible Senior Notes due 2026 (the “2026 Notes” and, together with the 2024 Notes, the “Notes”). The 2026 Notes were sold pursuant to an indenture, dated February 10, 2020 (the “2026 Indenture” and, together with the 2024 Indenture, the “Indentures”), between the Company and The Bank of New York Mellon Trust Company, N.A., as Trustee. The 2026 Notes pay interest at a rate equal to 2.875% per year, payable semiannually in arrears on April 15 and October 15 of each year, beginning October 15, 2020. Interest accrues on the 2026 Notes from the last date to which interest has been paid or duly provided for or, if no interest has been paid or duly provided for, from February 10, 2020. Unless earlier converted, redeemed or repurchased, the 2026 Notes mature on April 15, 2026. The Company used approximately $66.3 million (excluding cash payments relating to accrued interest and fractional shares) from its sale of the 2026 Notes and issued 722,423 shares of common stock at $32.43 per share out of treasury stock with an average cost basis of $3.37 per share to repurchase approximately $66.3 million in aggregate principal amount of the 2024 Notes through individually negotiated transactions. Of the total price paid for the 2024 Notes, $59.0 million was allocated to the 2024 Notes settlement, $30.8 million was allocated to equity, and $1.0 million was used to pay off accrued interest on the 2024 Notes. The consideration transferred was allocated to the liability and equity components of the 2024 Notes using the equivalent rate that reflected the borrowing rate for a similar non-convertible debt instrument immediately prior to settlement. The transaction resulted in a loss on settlement of convertible notes of $8.1 million, which is recorded as a Loss on extinguishment of debt in the Company’s unaudited interim condensed consolidated statements of operations. The loss represents the difference between (i) the fair value of the liability component and (ii) the sum of the carrying value of the debt component and any unamortized debt issuance costs at the time of settlement. The carrying amount of the liability component was calculated by estimating the fair value of similar notes that do not have associated convertible features. The carrying amount of the equity component, representing the conversion option, was determined by deducting the fair value of the liability component from the fair value amount of the Notes. The valuation model used in determining the fair value of the liability component for the Notes includes inputs, such as the implied debt yield within the nonconvertible borrowing rate. The implied estimated effective rate of the liability component of the 2024 Notes and 2026 Notes was 10.2% and 7.3%, respectively. The Notes are senior, unsecured obligations of the Company. The 2024 Notes and the 2026 Notes are convertible, in whole or in part, at the option of the holder, upon the occurrence of specified events or certain fundamental changes set forth in the Indentures prior to the close of business on the business day immediately preceding October 15, 2023 and October 15, 2025, respectively; and, thereafter, at any time until the close of business on the second business day immediately preceding maturity. The 2024 Notes are convertible into Company common stock at an initial conversion rate of 35.0217 shares per $1,000 principal amount and the 2026 Notes are convertible into Company common stock at an initial conversion rate of 23.2722 shares per $1,000 principal amount. Upon conversion, the Company may elect to settle by paying or delivering either solely cash, shares of Company common stock or a combination of cash and shares of Company common stock. In accordance with ASC Topic 470-20 Debt with Conversion and Other Options — Beneficial Conversion Features , the initial measurement of the 2024 Notes at fair value resulted in a liability of $62.4 million and as such, the calculated discount resulted in an implied value of the convertible feature recognized in additional paid in capital of $17.6 million; and the initial measurement of the 2026 Notes at fair value resulted in a liability of $93.8 million and as such, the calculated discount resulted in an implied value of the convertible feature recognized in additional paid in capital of $26.2 million. Issuance costs for the Notes amounted to $4.9 million and $4.2 million for the 2024 Notes and 2026 Notes, respectively. These costs were allocated to debt and equity components on a ratable basis. For the 2024 Notes this amounted to $3.8 million and $1.1 million to the debt and equity components, respectively. For the 2026 Notes this amounted to $3.3 million and $0.9 million to the debt and equity components, respectively. The Indentures contain covenants that, among other things, restrict the Company’s ability to merge, consolidate or sell, or otherwise dispose of, substantially all of its assets and customary Events of Default (as defined in the Indentures). In connection with the sale of the 2026 Notes, the Company recorded an income tax benefit of $4.4 million in the first six months of 2020 as a result of the creation of a deferred tax liability associated with the portion of the 2026 Notes that was classified within shareholders' equity. While GAAP requires the offset of the deferred tax liability to be recorded in additional paid in capital, consistent with the equity portion of the 2026 Notes, the creation of the deferred tax liability produced evidence of recoverability of the Company's net deferred tax assets which resulted in the release of a valuation allowance, totaling $4.4 million, reflected as an income tax benefit in the first six months of 2020. Credit Facility In connection with, and to partially fund the Cash Consideration for the Punchh Acquisition, on April 8, 2021, the Company entered into the Owl Rock Credit Agreement. The Owl Rock Credit Agreement provides for a term loan in the initial aggregate principal amount of $180.0 million (the “Credit Facility” and, the loans thereunder, the “Term Loan”). Issuance costs, which included a 2% Original Issue Discount, amounted to $9.3 million with net proceeds amounting to $170.7 million. The Credit Facility may be increased by up to $25.0 million, plus an additional unlimited amount subject to compliance with a first lien net annual recurring revenue leverage ratio test of 2.10 to 1.00. The Term Loan matures on April 8, 2025 and bear interest at a rate equal to either a base rate plus a margin of 3.75% or a Eurocurrency rate plus a margin of 4.75%, as selected by the Company. Voluntary prepayments of the Term Loan, as well as certain mandatory prepayments of the Term Loan, require payment of a prepayment premium of 2.0% during the first year of the Credit Facility and 1.0% during the second and third year of the Credit Facility. The Term Loan is secured by a first lien on substantially all of the Company's and the subsidiary guarantors' assets. Under the Owl Rock Credit Agreement, the Company is required to maintain liquidity of at least $20.0 million and a first lien net annual recurring revenue leverage ratio of no greater than the level set forth in the Credit Facility for the relevant quarter, which starts at 2.60 to 1.00 and declines over time to 1.30 to 1.00. The Owl Rock Credit Agreement contains customary representations and warranties and affirmative and negative covenants, including covenants that restrict the Company and certain of its subsidiaries ability to incur additional indebtedness, incur or permit to exist liens on assets, make investments and acquisitions, consolidate or merge, engage in asset sales and pay dividends, of which the Company was in compliance for the three months ended June 30, 2021. Obligations under the Owl Rock Credit Agreement may be accelerated upon certain customary events of default (subject to grace or cure periods, as appropriate). The following table summarizes information about the net carrying amounts of the Notes and the Credit Facility as of June 30, 2021: (in thousands) 2024 Notes 2026 Notes Owl Rock Credit Agreement Principal amount of notes outstanding $ 13,750 $ 120,000 $ 180,000 Unamortized discount and unamortized debt issuance cost (2,271) (23,962) (8,789) Total long-term portion of notes payable $ 11,479 $ 96,038 $ 171,211 The following tables summarizes interest expense recognized on the Notes and on the Credit Facility: Three months ended June 30, (in thousands) 2021 2020 Contractual interest expense $ 3,196 $ 1,000 Amortization of debt issuance costs and discount 1,737 1,102 Total interest expense $ 4,933 $ 2,102 Six months ended June 30, (in thousands) 2021 2020 Contractual interest expense $ 4,213 $ 2,015 Amortization of debt issuance costs and discount 2,917 2,059 Total interest expense $ 7,130 $ 4,074 In connection with the acquisition of AccSys, LLC (otherwise known as “Restaurant Magic”) in December 2019, the Company entered into a $2.0 million subordinated promissory note. The note bears interest at 5.75% per annum, with monthly payments of principal and interest in the amount of $60.6 thousand payable beginning January 15, 2020 through maturity on December 15, 2022. As of June 30, 2021, the outstanding balance of the subordinated promissory note was $1.0 million of which $0.7 million was in the current portion of long-term debt. The following table summarizes the future principal payments as of June 30, 2021 (in thousands): 2021, remaining $ 338 2022 705 2023 — 2024 13,750 2025 180,000 Thereafter 120,000 Total $ 314,793

Common Stock

Common Stock	6 Months Ended
	Jun. 30, 2021
Equity [Abstract]
Common Stock	Common Stock In connection with, and to partially fund the Cash Consideration of the Punchh Acquisition, on April 8, 2021, the Company entered into the Purchase Agreements with Act III and TRP to raise approximately $160.0 million through a private placement of the Company's common stock. Pursuant to the Purchase Agreements, the Company issued and sold (i) 73,530 shares of its common stock to Act III for a gross purchase price of approximately $5.0 million ($68.00 per share), and (ii) 2,279,412 shares of common stock to TRP for a gross purchase price of approximately $155.0 million ($68.00 per share) for an aggregate of 2,352,942 shares. The Company incurred $4.3 million of issuance costs in connection with the sale of its common stock. The Company also issued to Act III a warrant to purchase 500,000 shares of common stock with an exercise price of $76.50 per share and five Derivatives and Hedging, due to the Warrant contractually permitting only settlement in non-redeemable common shares upon exercise. Issuance date fair value of the Warrant was determined to be $14.3 million based on using the Black-Scholes model with the following assumptions: Expected term 5.0 years Risk free interest rate 0.85 % Expected volatility 53.78 % Expected dividend yield None Fair value (per warrant) $ 28.65 The Company also issued 1,493,130 of its common stock as part of the Equity Consideration of the Punchh Acquisition. See “Note 3 — Acquisition” for additional information about the Punchh Acquisition. On October 5, 2020, the Company completed an underwritten public offering (the “Secondary Offering”) of 3,350,000 shares of common stock at a price to the public of $38.00 per share, resulting in $121.8 million of proceeds, net of underwriting discounts and commissions and offering expenses payable by the Company. In connection with the Secondary Offering, the Company granted Jeffries LLC, the underwriter of the offering, a 30 day option to purchase up to an additional 502,500 shares of common stock at the same public offering price, less underwriting discounts and commissions. On November 3, 2020, Jeffries, LLC partially exercised its option and purchased 266,022 shares of common stock, resulting in an additional $9.6 million of proceeds, net of underwriting discounts and commissions and offering expenses payable by the Company.

Stock Based Compensation

Stock Based Compensation	6 Months Ended
	Jun. 30, 2021
Share-based Payment Arrangement [Abstract]
Stock Based Compensation	Stock-Based Compensation The Company applies the fair value recognition provisions of ASC Topic 718 : Stock Compensation . Stock-based compensation expense, net of forfeitures of $64.0 thousand and $27.0 thousand for the three months ended June 30, 2021 and 2020, respectively, and stock-based compensation expense, net of forfeitures of $107.0 thousand and $32.0 thousand for six months ended June 30, 2021 and 2020, respectively, was recorded in the following line items in the condensed consolidated statements of operations for the three and six months ended June 30: Three months ended June 30, Six months ended June 30, 2021 2020 2021 2020 Cost of sales - contracts $ 116 $ 101 $ 184 $ 199 Selling, general and administrative 4,135 1,022 5,387 2,013 Total stock-based compensation expense $ 4,251 $ 1,123 $ 5,571 $ 2,212 At June 30, 2021, the aggregate unrecognized compensation expense related to unvested equity awards was $39.2 million, which is expected to be recognized as compensation expense in fiscal years 2021 through 2024. A summary of stock option activity for the six months ended June 30, 2021 is below: (in thousands, except for exercise price) Options outstanding Weighted Outstanding at January 1, 2021 957 $ 14.29 Granted 563 7.79 Exercised (54) 10.70 Canceled/forfeited (63) 13.64 Outstanding at June 30, 2021 1,403 $ 11.83 The fair value of options at the date of the grant was estimated using the Black-Scholes model with the following assumptions for the six months ended June 30, 2021: Weighted average expected term 3.1 years Weighted average risk-free interest rate 0.4 % Weighted average expected volatility 56.5 % Expected dividend yield None Estimated fair value (per share) $ 60.47 A summary of unvested restricted stock activity for the six months ended June 30, 2021 is below: (in thousands, except for award value) Restricted Stock Awards Weighted Outstanding at January 1, 2021 61 $ 25.62 Granted 2 22.36 Vested (34) 24.81 Canceled/forfeited (1) 20.94 Outstanding at June 30, 2021 28 $ 26.51 A summary of unvested restricted stock units (“RSU”) activity for the six months ended June 30, 2021 is below: (in thousands, except for award value) RSU Awards Weighted Outstanding at January 1, 2021 427 $ 15.46 Granted 149 67.24 Vested (115) 17.08 Canceled/forfeited (4) 66.82 Outstanding at June 30, 2021 457 $ 31.39

Net Loss Per Share

Net Loss Per Share	6 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Net Loss Per Share	Net Loss Per Share Earnings per share is calculated in accordance with ASC Topic 260: Earnings per Share , which specifies the computation, presentation and disclosure requirements for earnings per share (“EPS”). It requires the presentation of basic and diluted EPS. Basic EPS excludes all dilution and is based upon the weighted average number of shares of common stock outstanding during the period. Diluted EPS reflects the potential dilution that would occur if convertible securities or other contracts to issue common stock were exercised. At June 30, 2021, there were 1,403,000 anti-dilutive stock options outstanding compared to 928,000 as of June 30, 2020. At June 30, 2021 there were 457,000 anti-dilutive restricted stock units compared to 427,000 as of June 30, 2020. The potential effects of 2024 Notes and 2026 Notes conversion features were excluded from the diluted net loss per share as of June 30, 2021 and 2020. Potential shares from 2024 Notes and 2026 Notes conversion features at respective maximum conversion rates of 46.4037 per share and 30.8356 per share are approximately 638,051 and 3,700,272, respectively. See “Note 7 — Debt” for additional information about the Notes. As discussed in “Note 3 — Acquisition”, the Company issued to Act III a Warrant to purchase 500,000 shares of common stock with an exercise price of $76.50 per share and were excluded from the diluted net loss per share as of June 30, 2021 due to their anti-dilutive impact.

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies From time to time, the Company is party to legal proceedings arising in the ordinary course of business. Additionally, U.S. Government contract costs are subject to periodic audit and adjustment. Based on information currently available, and based on its evaluation of such information, the Company believes the legal proceedings in which it is currently involved are not material or are not likely to result in a material adverse effect on the Company’s business, financial condition or results of operations, or cannot currently be estimated. On March 21, 2019, Kandice Neals on behalf of herself and others similarly situated (the “Neals Plaintiff”) filed a complaint against PAR Technology Corporation in the Circuit Court of Cook County, Illinois County Department, Chancery Division. The complaint asserted that PAR Technology Corporation violated the Illinois Biometric Information Privacy Act in the alleged collection, use, and storage of her and others' biometric data derived from fingerprint scans taken for authentication purposes on point-of-sale systems. The lawsuit was removed to the Federal District Court for the Northern District of Illinois (the “District Court”) and was subsequently dismissed on December 19, 2019 without prejudice. On January 15, 2020, the Neals Plaintiff filed an amended complaint against ParTech, Inc. with the District Court. On January 29, 2020, ParTech, Inc. filed its answer and affirmative defenses to the amended complaint. The Company believes that this lawsuit is without merit. The Company’s estimated liability for this complaint is not material and related contingencies are not expected to have a material effect on the Company’s financial statements. In 2016, the Company's Audit Committee commenced an internal investigation into conduct at the Company's China and Singapore offices and voluntarily notified the SEC and the U.S. Department of Justice (“DOJ”) of the internal investigation. Following the conclusion of the Audit Committee's internal investigation, the Company voluntarily reported the relevant findings of the investigation to the China and Singapore authorities. In early April 2019, the SEC notified the Company that based on current information, it did not intend to recommend an enforcement action against the Company; shortly thereafter, the DOJ advised that it did not intend to separately proceed. The Company was recently notified that the Singaporean authority has determined not to assess further penalties. The Company is unable to predict what actions the Chinese agencies might take.

Segment and Related Information

Segment and Related Information	6 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
Segment and Related Information	Segment and Related Information The Company is organized in two segments, Restaurant/Retail and Government. Management views the Restaurant/Retail and Government segments separately in operating its business, as the products and services are different for each segment. The Restaurant/Retail segment is a provider of software, systems and services to the restaurant and retail industries. The Restaurant/Retail segment provides multi-unit and individual restaurants, franchisees, and enterprise customers in the three major restaurant categories (fast casual, quick serve, and table service) a fully integrated cloud solution with its Brink POS cloud software and POS hardware for the front-of-house, its back-office cloud software Data Central for the back-of-house, its loyalty and customer engagement platform - Punchh, and its wireless headsets for drive-thru order taking. This segment also offers a comprehensive portfolio of services to support its customer' technology and hardware requirements before, during and after software and/or hardware deployments. The Government segment performs complex technical studies, analysis, experiments, develops innovative solutions, and provides on-site engineering in support of advanced defense, security and aerospace systems. This segment also provides expert on-site services for operating and maintaining U.S. Government-owned communication assets. Information noted as “Other” primarily relates to the Company’s corporate operations. Information as to the Company’s segments is set forth in the tables below: Information as to the Company’s segments (continued): (in thousands) Three months ended Six months ended 2021 2020 2021 2020 Net Revenues: Restaurant/Retail $ 51,124 $ 27,633 $ 87,708 $ 65,042 Government 17,826 18,058 35,709 35,381 Total $ 68,950 $ 45,691 $ 123,417 $ 100,423 Operating loss: Restaurant/Retail $ (15,968) $ (7,697) $ (25,252) $ (13,767) Government 1,405 1,349 2,595 2,528 Other (2,412) 630 (339) 66 Total (16,975) (5,718) (22,996) (11,173) Other expense, net (341) (139) (392) (764) Interest expense, net (4,937) (2,111) (7,097) (4,083) Loss on extinguishment of debt — — — (8,123) Loss before benefit from income taxes $ (22,253) $ (7,968) $ (30,485) $ (24,143) Depreciation, amortization and accretion: Restaurant/Retail $ 5,527 $ 1,951 $ 7,956 $ 3,806 Government 197 40 233 56 Other 2,073 1,567 3,598 2,838 Total $ 7,797 $ 3,558 $ 11,787 $ 6,700 Capital expenditures including software costs: Restaurant/Retail $ 2,965 $ 2,783 $ 3,697 $ 4,490 Government 302 223 453 434 Other 231 — 288 122 Total $ 3,498 $ 3,006 $ 4,438 $ 5,046 Revenues by country: United States $ 64,127 $ 44,626 $ 114,730 $ 97,257 Other Countries 4,823 1,065 8,687 3,166 Total $ 68,950 $ 45,691 $ 123,417 $ 100,423 The following table represents assets by reporting segment. (in thousands) June 30, 2021 December 31, 2020 Restaurant/Retail $ 706,141 $ 140,606 Government 13,775 13,150 Other 77,759 189,993 Total $ 797,675 $ 343,749 The following table represents identifiable long-lived tangible assets by country based on the location of the assets. (in thousands) June 30, 2021 December 31, 2020 United States $ 189,129 $ 250,275 Other Countries 14,268 16,570 Total $ 203,397 $ 266,845 The following table represents goodwill by reporting segment. (in thousands) June 30, 2021 December 31, 2020 Restaurant/Retail $ 458,037 $ 40,478 Government 736 736 Total $ 458,773 $ 41,214 Customers comprising 10% or more of the Company’s total revenues by reporting segment are summarized as follows: Three months ended Six months ended 2021 2020 2021 2020 Restaurant/Retail reporting segment: Dairy Queen 6 % 11 % 7 % 14 % Yum! Brands, Inc. 11 % 10 % 11 % 11 % Government reporting segment: U.S. Department of Defense 26 % 40 % 29 % 35 % All Others 57 % 39 % 53 % 40 % 100 % 100 % 100 % 100 % No other customer within All Others represented 10% or more of the Company’s total revenue for the three and six months ended June 30, 2021 or 2020.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company’s financial instruments have been recorded at fair value using available market information and valuation techniques. The fair value hierarchy is based upon three levels of input, which are: Level 1 — quoted prices in active markets for identical assets or liabilities (observable) Level 2 — inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities, quoted prices in inactive markets, or other inputs that are observable market data for essentially the full term of the asset or liability (observable) Level 3 — unobservable inputs that are supported by little or no market activity, but are significant to determining the fair value of the asset or liability (unobservable) The Company’s financial instruments primarily consist of cash and cash equivalents, trade receivables, trade payables, debt instruments and deferred compensation assets and liabilities. The carrying amounts of cash and cash equivalents, trade receivables and trade payables as of June 30, 2021 and December 31, 2020 were considered representative of their fair values. The estimated fair value of the 2024 Notes and 2026 Notes at June 30, 2021 was $33.7 million and $217.5 million, respectively. The valuation techniques used to determine the fair value of the 2024 Notes and the 2026 Notes are classified within Level 2 of the fair value hierarchy. The estimated fair value of the Owl Rock Credit Agreement at June 30, 2021 was $177.1 million. The valuation techniques used to determine the fair value of the Owl Rock Credit Agreement are classified within Level 2 of the fair value hierarchy. The deferred compensation assets and liabilities primarily relate to the Company’s deferred compensation plan, which allows for pre-tax salary deferrals for certain key employees. Changes in the fair value of the deferred compensation liabilities are derived using quoted prices in active markets of the asset selections made by plan participants. The deferred compensation liabilities are classified within Level 2, the fair value classification as defined under FASB ASC Topic 820: Fair Value Measurements , because their inputs are derived principally from observable market data by correlation to the hypothetical investments. The Company holds insurance investments to partially offset the Company’s liabilities under its deferred compensation plan, which are recorded at fair value each period using the cash surrender value of the insurance investments. The amounts owed to employees participating in the deferred compensation plan at June 30, 2021 was $2.6 million compared to $2.8 million at December 31, 2020 and is included in other long-term liabilities on the balance sheets. The Company's Level 3 contingent consideration liability had a fair value of $0 at June 30, 2021 and December 31, 2020. The following table provides quantitative information associated with the fair value measurement of the Company’s Level 3 liability for contingent consideration at June 30, 2021 and December 31, 2020. Contingency Type Maximum Payout Fair Value Valuation Technique Unobservable Inputs Weighted Average or Range Revenue-based payments $ 1,965 $ — Monte Carlo Revenue volatility 25.0 % Discount rate 14.0 % Projected year(s) of payment 2021-2022

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of presentation	Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements (“financial statements”) of PAR Technology Corporation through its consolidated subsidiaries (collectively, the “Company”, “PAR”, “we”, “us” or “our Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial statements and the instructions to Form 10-Q and Regulation S-X pertaining to interim financial statements as promulgated by the Securities and Exchange Commission (“SEC”). In the opinion of management, the Company's financial statements include all normal and recurring adjustments necessary in order to make the financial statements not misleading and to provide a fair presentation of the Company's financial results for the interim period included in this Quarterly Report on Form 10-Q for the quarter ended June 30, 2021 (this “Quarterly Report”). Interim results are not necessarily indicative of results for the full year or any future periods. The information included in this Quarterly Report 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 fiscal year ended December 31, 2020 filed with the SEC on March 16, 2021 (“2020 Annual Report”). The preparation of the financial statements requires management of the Company to make a number of estimates and assumptions relating to the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Significant items subject to such estimates and assumptions include revenue recognition, stock-based compensation, the recognition and measurement of assets acquired and liabilities assumed in business combinations at fair value, the carrying amount of property, plant and equipment including right-to-use assets and liabilities, identifiable intangible assets and goodwill, the measurement of liabilities and equity recognized for outstanding convertible notes, valuation allowances for receivables, inventories, and measurement of contingent consideration at fair value. Actual results could differ from these estimates. The Company's estimates are subject to uncertainties, including those associated with the ongoing COVID-19 pandemic, which cannot be predicted. There can be no assurance that the COVID-19 pandemic will not have a material adverse effect on the Company's estimates.
Segment Reporting	The Company operates in two distinct reporting segments, Restaurant/Retail and Government. The Company’s chief operating decision maker is the Company’s Chief Executive Officer. The Restaurant/Retail segment provides point-of-sale (“POS”) software and hardware, loyalty software, back-office software, and integrated technical solutions to the restaurant and retail industries. The Government segment provides intelligence, surveillance, and reconnaissance solutions and mission systems support to the United States Department of Defense and other Federal agencies. The financial statements also include corporate operations, which are comprised of enterprise-wide functional departments.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments purchased with a remaining maturity of three months or less, to be cash equivalents, including money market funds. The Company maintained bank balances that, at times, exceeded the federally insured limit during the six months ended June 30, 2021. The Company has not experienced losses relating to these deposits and management does not believe that the Company is exposed to any significant credit risk with respect to these amounts.
Recently Adopted Accounting Pronouncements and Accounting Pronouncements Not Yet Adopted	Recently Adopted Accounting Pronouncements In December 2019, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes , which is intended to simplify various requirements related to accounting for income taxes. ASU 2019-12 removes certain exceptions to the general principles in Topic 740 and clarifies and amends existing guidance to improve consistent application. The Company adopted ASU 2019-12 effective January 1, 2021, and the application of the standard had no material impact on the Company's financial statements for the six months ended June 30, 2021. Accounting Pronouncements Not Yet Adopted In August 2020, the FASB issued ASU 2020-06, Debt – Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40) , which is intended to reduce the number of accounting models for convertible debt instruments and convertible preferred stock, and amend guidance for the derivatives scope exception for contracts in an entity’s own equity to reduce form-over-substance-based accounting conclusions. ASU 2020-06 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2021, with early adoption permitted. The Company is currently assessing the impact of this standard on its financial statements. With the exception of the standards discussed above, there were no other recent accounting pronouncements or changes in accounting pronouncements during the three months ended June 30, 2021 that are of significance or potential significance to the Company.

Basis of Presentation (Tables)

Basis of Presentation (Tables)	6 Months Ended
	Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Cash and Cash Equivalents	Cash and cash equivalents consist of the following (in thousands): June 30, 2021 December 31, 2020 Cash and cash equivalents Cash $ 60,413 $ 59,700 Money market funds 24,805 120,986 Total cash and cash equivalents $ 85,218 $ 180,686

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Schedule of Performance Obligations	The activity of outstanding performance obligations as it relates to customer deposits and deferred service revenue is as follows: (in thousands) 2021 2020 Beginning balance - January 1 $ 11,082 $ 12,486 Acquired deferred revenue (Note 3) 11,125 — Recognition of deferred revenue (11,437) (7,727) Deferral of revenue 7,321 7,268 Ending balance - June 30 $ 18,091 $ 12,027 Next 12 Months $ 67,995 Months 13-24 39,101 Months 25-36 22,647 Thereafter 11,464 TOTAL $ 141,207
Schedule of Disaggregated Revenue	Disaggregation of revenue is as follows (in thousands): Three months ended June 30, 2021 Restaurant/Retail Restaurant/Retail Government Hardware $ 23,355 $ — $ — Software 294 14,806 — Service 5,462 7,207 — Mission Systems — — 9,284 ISR Solutions — — 8,338 Product — — 204 TOTAL $ 29,111 $ 22,013 $ 17,826 Three months ended June 30, 2020 Restaurant/Retail Restaurant/Retail Government Hardware $ 12,104 $ — $ — Software 624 7,232 — Service 2,170 5,503 — Mission Systems — — 8,087 ISR Solutions — — 9,742 Product — — 229 TOTAL $ 14,898 $ 12,735 $ 18,058 The Company has reclassified the prior year information in the above table to conform to the current year presentation; Restaurant/Retail of $27.6 million is presented across hardware, software and service, and ISR solutions of $9.9 million is presented across ISR solutions and product. Six months ended June 30, 2021 Restaurant/Retail Restaurant/Retail Government Hardware $ 41,190 $ — $ — Software 537 22,439 — Service 8,874 14,668 — Mission Systems — — 18,831 ISR Solutions — — 16,469 Product — — 409 TOTAL $ 50,601 $ 37,107 $ 35,709 Six months ended June 30, 2020 Restaurant/Retail Restaurant/Retail Government Hardware $ 30,241 $ — $ — Software 1,186 14,618 — Service 7,112 11,885 — Mission Systems — — 16,535 ISR Solutions — — 18,514 Product 332 TOTAL $ 38,539 $ 26,503 $ 35,381

Acquisition (Tables)

Acquisition (Tables)	6 Months Ended
	Jun. 30, 2021
Business Combination and Asset Acquisition [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table presents management's preliminary purchase price allocation: (in thousands) Purchase price allocation Cash $ 22,714 Accounts receivable 10,214 Property and equipment 592 Right of use lease assets 2,473 Developed technology 88,200 Customer relationships 7,500 Indemnification assets 5,950 Trade name 5,800 Prepaid and other acquired assets 2,764 Goodwill 417,559 Total assets 563,766 Accounts payable and accrued expenses 15,827 Deferred revenue 11,125 Loan payables 3,508 Right of use lease liabilities 2,787 Indemnification liabilities 5,950 Deferred taxes 14,930 Consideration paid $ 509,639
Schedule of Pro Forma Financial Information	he following table summarizes the Company's unaudited pro forma operating results: Three months ended June 30, Six months ended June 30, (in thousands) 2021 2020 2021 2020 Total revenue $ 69,602 $ 51,727 $ 132,137 $ 112,829 Net loss $ (10,355) $ (11,592) $ (21,447) $ (26,197)

Accounts Receivable, Net (Table

Accounts Receivable, Net (Tables)	6 Months Ended
	Jun. 30, 2021
Receivables [Abstract]
Schedule of Accounts Receivable, Net	The Company’s net accounts receivables consists of (in thousands): June 30, 2021 December 31, 2020 Government segment: Billed $ 10,809 $ 11,225 Advanced billings — (948) 10,809 10,277 Restaurant/Retail segment: 34,439 32,703 Accounts receivable - net $ 45,248 $ 42,980
Schedule of Accounts Receivable, Allowance for Credit Loss	At June 30, 2021 and December 31, 2020, the Company had current, expected credit loss of $1.9 million and $1.4 million, respectively, against accounts receivable for the Restaurant/Retail segment. Changes in the current, expected credit loss were as follows: (in thousands) 2021 2020 Beginning Balance - January 1 $ 1,416 $ 1,849 Provisions 922 972 Write-offs (394) (773) Recoveries (15) — Ending Balance - June 30 $ 1,929 $ 2,048

Inventories, Net (Tables)

Inventories, Net (Tables)	6 Months Ended
	Jun. 30, 2021
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories are used in the manufacture and service of Restaurant/Retail products. The components of inventory, net of reserves, consisted of the following: (in thousands) June 30, 2021 December 31, 2020 Finished goods $ 15,482 $ 12,747 Work in process 238 16 Component parts 11,484 6,105 Service parts 2,743 2,770 Inventories, net $ 29,947 $ 21,638

Identifiable Intangible Asset_2

Identifiable Intangible Assets and Goodwill (Tables)	6 Months Ended
	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Components of Identifiable Intangible Assets, Excluding Discontinued Operations	The components of identifiable intangible assets are: (in thousands) June 30, 2021 December 31, 2020 Estimated Acquired and internally developed software costs $ 135,875 $ 40,170 3 - 7 years Customer relationships 12,360 4,860 7 years Trade names 1,410 1,410 2 - 5 years Non-competition agreements 30 30 1 year 149,675 46,470 Less accumulated amortization (28,127) (20,265) 121,548 26,205 Internally developed software costs not yet ready for its intended use 2,978 6,516 Trademarks, trade names (non-amortizable) 6,200 400 $ 130,726 $ 33,121
Schedule of Future Amortization of Intangible Assets	The expected future amortization of intangible assets, assuming straight-line amortization of capitalized software development costs and acquisition related intangibles, excluding software costs not meeting the general release threshold, is as follows (in thousands): 2021, remaining $ 11,630 2022 21,889 2023 19,881 2024 17,281 2025 16,857 Thereafter 34,010 Total $ 121,548
Schedule of Goodwill	Goodwill carried by the Restaurant/Retail and Government segments is as follows: (in thousands) Beginning balance - December 31, 2020 $ 41,214 Punchh Acquisition 417,559 Ending balance - June 30, 2021 $ 458,773

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2021
Debt Disclosure [Abstract]
Summary of Equity and Liability Components of the Notes	The following table summarizes information about the net carrying amounts of the Notes and the Credit Facility as of June 30, 2021: (in thousands) 2024 Notes 2026 Notes Owl Rock Credit Agreement Principal amount of notes outstanding $ 13,750 $ 120,000 $ 180,000 Unamortized discount and unamortized debt issuance cost (2,271) (23,962) (8,789) Total long-term portion of notes payable $ 11,479 $ 96,038 $ 171,211 The following tables summarizes interest expense recognized on the Notes and on the Credit Facility: Three months ended June 30, (in thousands) 2021 2020 Contractual interest expense $ 3,196 $ 1,000 Amortization of debt issuance costs and discount 1,737 1,102 Total interest expense $ 4,933 $ 2,102 Six months ended June 30, (in thousands) 2021 2020 Contractual interest expense $ 4,213 $ 2,015 Amortization of debt issuance costs and discount 2,917 2,059 Total interest expense $ 7,130 $ 4,074
Schedule of Maturities of Notes	The following table summarizes the future principal payments as of June 30, 2021 (in thousands): 2021, remaining $ 338 2022 705 2023 — 2024 13,750 2025 180,000 Thereafter 120,000 Total $ 314,793

Common Stock (Tables)

Common Stock (Tables)	6 Months Ended
	Jun. 30, 2021
Equity [Abstract]
Schedule of Derivative Assets (Liability) at Fair Value	The Warrant is accounted for as an equity instrument pursuant to ASC 815, Derivatives and Hedging, due to the Warrant contractually permitting only settlement in non-redeemable common shares upon exercise. Issuance date fair value of the Warrant was determined to be $14.3 million based on using the Black-Scholes model with the following assumptions: Expected term 5.0 years Risk free interest rate 0.85 % Expected volatility 53.78 % Expected dividend yield None Fair value (per warrant) $ 28.65

Stock Based Compensation (Table

Stock Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2021
Share-based Payment Arrangement [Abstract]
Share-based Payment Arrangement, Expensed and Capitalized, Amount	Stock-based compensation expense, net of forfeitures of $64.0 thousand and $27.0 thousand for the three months ended June 30, 2021 and 2020, respectively, and stock-based compensation expense, net of forfeitures of $107.0 thousand and $32.0 thousand for six months ended June 30, 2021 and 2020, respectively, was recorded in the following line items in the condensed consolidated statements of operations for the three and six months ended June 30: Three months ended June 30, Six months ended June 30, 2021 2020 2021 2020 Cost of sales - contracts $ 116 $ 101 $ 184 $ 199 Selling, general and administrative 4,135 1,022 5,387 2,013 Total stock-based compensation expense $ 4,251 $ 1,123 $ 5,571 $ 2,212
Summary of Stock Option Activity	A summary of stock option activity for the six months ended June 30, 2021 is below: (in thousands, except for exercise price) Options outstanding Weighted Outstanding at January 1, 2021 957 $ 14.29 Granted 563 7.79 Exercised (54) 10.70 Canceled/forfeited (63) 13.64 Outstanding at June 30, 2021 1,403 $ 11.83
Schedule of Assumptions for Fair Value of Options at the Date of the Grant	The fair value of options at the date of the grant was estimated using the Black-Scholes model with the following assumptions for the six months ended June 30, 2021: Weighted average expected term 3.1 years Weighted average risk-free interest rate 0.4 % Weighted average expected volatility 56.5 % Expected dividend yield None Estimated fair value (per share) $ 60.47
Summary of Restricted Stock and RSU Awards Activity	A summary of unvested restricted stock activity for the six months ended June 30, 2021 is below: (in thousands, except for award value) Restricted Stock Awards Weighted Outstanding at January 1, 2021 61 $ 25.62 Granted 2 22.36 Vested (34) 24.81 Canceled/forfeited (1) 20.94 Outstanding at June 30, 2021 28 $ 26.51 A summary of unvested restricted stock units (“RSU”) activity for the six months ended June 30, 2021 is below: (in thousands, except for award value) RSU Awards Weighted Outstanding at January 1, 2021 427 $ 15.46 Granted 149 67.24 Vested (115) 17.08 Canceled/forfeited (4) 66.82 Outstanding at June 30, 2021 457 $ 31.39

Segment and Related Informati_2

Segment and Related Information (Tables)	6 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
Schedule of Segment Information	Information noted as “Other” primarily relates to the Company’s corporate operations. Information as to the Company’s segments is set forth in the tables below: Information as to the Company’s segments (continued): (in thousands) Three months ended Six months ended 2021 2020 2021 2020 Net Revenues: Restaurant/Retail $ 51,124 $ 27,633 $ 87,708 $ 65,042 Government 17,826 18,058 35,709 35,381 Total $ 68,950 $ 45,691 $ 123,417 $ 100,423 Operating loss: Restaurant/Retail $ (15,968) $ (7,697) $ (25,252) $ (13,767) Government 1,405 1,349 2,595 2,528 Other (2,412) 630 (339) 66 Total (16,975) (5,718) (22,996) (11,173) Other expense, net (341) (139) (392) (764) Interest expense, net (4,937) (2,111) (7,097) (4,083) Loss on extinguishment of debt — — — (8,123) Loss before benefit from income taxes $ (22,253) $ (7,968) $ (30,485) $ (24,143) Depreciation, amortization and accretion: Restaurant/Retail $ 5,527 $ 1,951 $ 7,956 $ 3,806 Government 197 40 233 56 Other 2,073 1,567 3,598 2,838 Total $ 7,797 $ 3,558 $ 11,787 $ 6,700 Capital expenditures including software costs: Restaurant/Retail $ 2,965 $ 2,783 $ 3,697 $ 4,490 Government 302 223 453 434 Other 231 — 288 122 Total $ 3,498 $ 3,006 $ 4,438 $ 5,046 Revenues by country: United States $ 64,127 $ 44,626 $ 114,730 $ 97,257 Other Countries 4,823 1,065 8,687 3,166 Total $ 68,950 $ 45,691 $ 123,417 $ 100,423 The following table represents goodwill by reporting segment. (in thousands) June 30, 2021 December 31, 2020 Restaurant/Retail $ 458,037 $ 40,478 Government 736 736 Total $ 458,773 $ 41,214
Schedule of Identifiable Assets by Reporting Segment	The following table represents assets by reporting segment. (in thousands) June 30, 2021 December 31, 2020 Restaurant/Retail $ 706,141 $ 140,606 Government 13,775 13,150 Other 77,759 189,993 Total $ 797,675 $ 343,749
Schedule of Revenue by Geographic Area	The following table represents identifiable long-lived tangible assets by country based on the location of the assets. (in thousands) June 30, 2021 December 31, 2020 United States $ 189,129 $ 250,275 Other Countries 14,268 16,570 Total $ 203,397 $ 266,845
Schedule of Revenue by Major Customers	Customers comprising 10% or more of the Company’s total revenues by reporting segment are summarized as follows: Three months ended Six months ended 2021 2020 2021 2020 Restaurant/Retail reporting segment: Dairy Queen 6 % 11 % 7 % 14 % Yum! Brands, Inc. 11 % 10 % 11 % 11 % Government reporting segment: U.S. Department of Defense 26 % 40 % 29 % 35 % All Others 57 % 39 % 53 % 40 % 100 % 100 % 100 % 100 %

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Liabilities Measured on Recurring Basis	The following table provides quantitative information associated with the fair value measurement of the Company’s Level 3 liability for contingent consideration at June 30, 2021 and December 31, 2020. Contingency Type Maximum Payout Fair Value Valuation Technique Unobservable Inputs Weighted Average or Range Revenue-based payments $ 1,965 $ — Monte Carlo Revenue volatility 25.0 % Discount rate 14.0 % Projected year(s) of payment 2021-2022

Basis of Presentation - Narrati

Basis of Presentation - Narrative (Details) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2021USD ($)	Mar. 31, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)reporting_unit	Jun. 30, 2020USD ($)	Apr. 08, 2021USD ($)	Dec. 31, 2020USD ($)
Property, Plant and Equipment [Line Items]
Number of operating segments | reporting_unit				2
Number of reportable segments | reporting_unit				2
Gain on insurance proceeds	$ 0	$ 4,400	$ 0	$ 4,400	$ 0
Deferred compensation liability	$ 2,800			$ 2,800			$ 2,800
Long-term deferred amount due 2021	50.00%			50.00%
Long-term deferred amount due 2022	50.00%			50.00%
Accrued payroll taxes	$ 2,800			$ 2,800			2,800
Accrued payroll taxes, current	1,400			1,400			1,400
Punchh Inc.
Property, Plant and Equipment [Line Items]
Deferred taxes	6,000			6,000		$ 14,930	$ 2,500
Other Noncurrent Liabilities
Property, Plant and Equipment [Line Items]
Accrued payroll taxes	$ 1,400			$ 1,400

Basis of Presentation - Cash an

Basis of Presentation - Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash	$ 60,413	$ 59,700
Money market funds	24,805	120,986
Total cash and cash equivalents	$ 85,218	$ 180,686

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Disaggregation of Revenue [Line Items]
Support contract timing			12 months
Customer deposits	$ 1,700	$ 1,500	$ 1,700	$ 1,500
Performance obligations	18,091	12,027	18,091	12,027	$ 11,082	$ 12,486
Recognition of revenue			11,437	7,727
Revenue	68,950	45,691	123,417	100,423
Service
Disaggregation of Revenue [Line Items]
Revenue	27,185	15,300	45,213	34,075
Restaurant/Retail
Disaggregation of Revenue [Line Items]
Recognition of revenue	8,800	3,600	11,400	7,700
Revenue	51,124	27,633	87,708	65,042
Restaurant/Retail | Hardware, Software And Service
Disaggregation of Revenue [Line Items]
Revenue		27,600		65,000
Government
Disaggregation of Revenue [Line Items]
Performance obligations	141,207		141,207		150,500
Funded performance obligations	32,100		32,100		$ 27,800
Revenue	$ 17,826	18,058	$ 35,709	35,381
Government | ISR solutions And Product
Disaggregation of Revenue [Line Items]
Revenue		$ 9,900		$ 18,800
Minimum
Disaggregation of Revenue [Line Items]
Payment period			30 days
Maximum
Disaggregation of Revenue [Line Items]
Payment period			90 days

Revenue Recognition - Schedule

Revenue Recognition - Schedule of Performance Obligations (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Revenue, Remaining Performance Obligation [Roll Forward]
Beginning balance	$ 11,082	$ 12,486
Acquired deferred revenue	11,125	0
Recognition of deferred revenue	(11,437)	(7,727)
Deferral of revenue	7,321	7,268
Ending balance	$ 18,091	$ 12,027

Revenue Recognition - Performan

Revenue Recognition - Performance Obligations (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020	Dec. 31, 2019
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations	$ 18,091	$ 11,082	$ 12,027	$ 12,486
Government
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations	$ 141,207	$ 150,500
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-07-01 | Restaurant/Retail
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations, period	60 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-07-01 | Government
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations, period	1 year
Performance obligations	$ 67,995
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-01 | Restaurant/Retail
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation, percentage	100.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-01 | Restaurant/Retail | Current
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation, percentage	71.00%
Performance obligations, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-01 | Government
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations, period	1 year
Performance obligations	$ 39,101
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-07-01 | Government
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations, period	1 year
Performance obligations	$ 22,647
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-07-01 | Government
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations, period
Performance obligations	$ 11,464

Revenue Recognition - Schedul_2

Revenue Recognition - Schedule of Disaggregated Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Disaggregation of Revenue [Line Items]
Revenue	$ 68,950	$ 45,691	$ 123,417	$ 100,423
Service
Disaggregation of Revenue [Line Items]
Revenue	27,185	15,300	45,213	34,075
Product
Disaggregation of Revenue [Line Items]
Revenue	23,939	12,333	42,495	30,967
Restaurant/Retail
Disaggregation of Revenue [Line Items]
Revenue	51,124	27,633	87,708	65,042
Government
Disaggregation of Revenue [Line Items]
Revenue	17,826	18,058	35,709	35,381
Point in Time | Restaurant/Retail
Disaggregation of Revenue [Line Items]
Revenue	29,111	14,898	50,601	38,539
Point in Time | Restaurant/Retail | Hardware
Disaggregation of Revenue [Line Items]
Revenue	23,355	12,104	41,190	30,241
Point in Time | Restaurant/Retail | Software
Disaggregation of Revenue [Line Items]
Revenue	294	624	537	1,186
Point in Time | Restaurant/Retail | Service
Disaggregation of Revenue [Line Items]
Revenue	5,462	2,170	8,874	7,112
Point in Time | Restaurant/Retail | Mission Systems
Disaggregation of Revenue [Line Items]
Revenue	0	0	0	0
Point in Time | Restaurant/Retail | ISR Solutions
Disaggregation of Revenue [Line Items]
Revenue	0	0	0	0
Point in Time | Restaurant/Retail | Product
Disaggregation of Revenue [Line Items]
Revenue	0	0	0
Over Time | Restaurant/Retail
Disaggregation of Revenue [Line Items]
Revenue	22,013	12,735	37,107	26,503
Over Time | Restaurant/Retail | Hardware
Disaggregation of Revenue [Line Items]
Revenue	0	0	0	0
Over Time | Restaurant/Retail | Software
Disaggregation of Revenue [Line Items]
Revenue	14,806	7,232	22,439	14,618
Over Time | Restaurant/Retail | Service
Disaggregation of Revenue [Line Items]
Revenue	7,207	5,503	14,668	11,885
Over Time | Restaurant/Retail | Mission Systems
Disaggregation of Revenue [Line Items]
Revenue	0	0	0	0
Over Time | Restaurant/Retail | ISR Solutions
Disaggregation of Revenue [Line Items]
Revenue	0	0	0	0
Over Time | Restaurant/Retail | Product
Disaggregation of Revenue [Line Items]
Revenue	0	0	0
Over Time | Government
Disaggregation of Revenue [Line Items]
Revenue	17,826	18,058	35,709	35,381
Over Time | Government | Hardware
Disaggregation of Revenue [Line Items]
Revenue	0	0	0	0
Over Time | Government | Software
Disaggregation of Revenue [Line Items]
Revenue	0	0	0	0
Over Time | Government | Service
Disaggregation of Revenue [Line Items]
Revenue	0	0	0	0
Over Time | Government | Mission Systems
Disaggregation of Revenue [Line Items]
Revenue	9,284	8,087	18,831	16,535
Over Time | Government | ISR Solutions
Disaggregation of Revenue [Line Items]
Revenue	8,338	9,742	16,469	18,514
Over Time | Government | Product
Disaggregation of Revenue [Line Items]
Revenue	$ 204	$ 229	$ 409	$ 332

Acquisition - Narrative (Detail

Acquisition - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	Apr. 08, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Business Acquisition [Line Items]
Warrants to purchase (in shares)	500,000	500,000		500,000
Warrant, exercise price (in dollars per share)	$ 76.50	$ 76.50		$ 76.50
Warrant exercise period				5 years
Benefit from (provision for) income taxes		$ 12,297	$ (1,008)	$ 12,258	$ 4,257
Private Placement
Business Acquisition [Line Items]
Sale of stock, consideration received on transaction	$ 160,000
Credit Agreement
Business Acquisition [Line Items]
Debt issued	180,000
Punchh Inc.
Business Acquisition [Line Items]
Business acquisition, purchase price	509,600
Business acquisition, cash paid	$ 400,900
Equity interest issued (in shares)	1,493,130
Percent acquired	100.00%
Common stock are reserved for unexercised vested (in shares)	101,072
Acquisition related costs	$ 3,400
Equity interest issued and reserved (in shares)	1,594,202
Equity interest issued and reserved (in dollars per share)	$ 68
Equity issued	$ 108,700
Warranty liability assumed				1,100
Escrow deposit	6,000
Business combination company recognized indemnification assets	6,000
Business combination company recognized indemnification assets liabilities	6,000
Loan payables	3,508
Business combination lease liability	300
Deferred taxes	$ 14,930	6,000		6,000		$ 2,500
Benefit from (provision for) income taxes		12,400
Revenue of acquiree		$ 8,100		$ 8,100
Punchh Inc. | Developed technology
Business Acquisition [Line Items]
Useful life (in years)	7 years
Punchh Inc. | Customer relationships
Business Acquisition [Line Items]
Useful life (in years)	7 years
Punchh Inc. | Paycheck Protection Program, CARES Act
Business Acquisition [Line Items]
Loan payables	$ 3,300

Acquisition - Schedule of Recog

Acquisition - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Apr. 08, 2021	Dec. 31, 2020
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Goodwill	$ 458,773		$ 41,214
Punchh Inc.
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Cash		$ 22,714
Accounts receivable		10,214
Property and equipment		592
Right of use lease assets		2,473
Indemnification assets		5,950
Prepaid and other acquired assets		2,764
Goodwill		417,559
Total assets		563,766
Accounts payable and accrued expenses		15,827
Deferred revenue		11,125
Loan payables		3,508
Right of use lease liabilities		2,787
Indemnification liabilities		5,950
Deferred taxes	$ 6,000	14,930	$ 2,500
Consideration paid		509,639
Punchh Inc. | Trade name
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Indefinite-lived intangible assets		5,800
Punchh Inc. | Developed technology
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Finite-lived intangible assets		88,200
Punchh Inc. | Customer relationships
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Finite-lived intangible assets		$ 7,500

Acquisition - Pro Forma Informa

Acquisition - Pro Forma Information (Details) - Punchh Inc. - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Business Acquisition [Line Items]
Total revenue	$ 69,602	$ 51,727	$ 132,137	$ 112,829
Net loss	$ (10,355)	$ (11,592)	$ (21,447)	$ (26,197)

Accounts Receivable, Net - Sche

Accounts Receivable, Net - Schedule of Accounts Receivable, Net (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Accounts Receivable [Abstract]
Accounts receivable – net	$ 45,248	$ 42,980
Government
Accounts Receivable [Abstract]
Accounts receivable – net	10,809	10,277
Restaurant/Retail
Accounts Receivable [Abstract]
Accounts receivable – net	34,439	32,703
Billed | Government
Accounts Receivable [Abstract]
Accounts receivable – net	10,809	11,225
Advanced billings | Government
Accounts Receivable [Abstract]
Accounts receivable – net	$ 0	$ (948)

Accounts Receivable, Net - Acco

Accounts Receivable, Net - Accounts Receivable, Allowance for Credit Loss (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for doubtful accounts	$ 1,900
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,400
Provisions	922	$ 978
Ending balance	1,900
Restaurant/Retail
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for doubtful accounts	1,929	2,048
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,416	1,849
Provisions	922	972
Write-offs	(394)	(773)
Recoveries	(15)	0
Ending balance	$ 1,929	$ 2,048

Inventories, Net - Schedule of

Inventories, Net - Schedule of Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Inventory, Net, Items Net of Reserve Alternative [Abstract]
Finished goods	$ 15,482	$ 12,747
Work in process	238	16
Component parts	11,484	6,105
Service parts	2,743	2,770
Inventories-net	$ 29,947	$ 21,638

Inventories, Net - Narrative (D

Inventories, Net - Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2021	Dec. 31, 2020
Inventory Disclosure [Abstract]
Inventory reserves	$ 12.4	$ 12

Identifiable Intangible Asset_3

Identifiable Intangible Assets and Goodwill - Narrative (Details) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)reporting_unit	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Finite-Lived Intangible Assets [Line Items]
Research and development	$ 8,643	$ 4,538	$ 14,452	$ 9,403
Capitalized software development costs	2,700	2,600	7,500	4,300
Amortization of capitalized software development costs	$ 5,000	$ 1,500	$ 7,000	$ 3,100
Number of operating segments | reporting_unit			2
Number of reportable segments | reporting_unit			2
Internally Developed Software Costs Not Meeting General Release Threshold
Finite-Lived Intangible Assets [Line Items]
Research and development			$ 3,000		$ 6,500
Minimum
Finite-Lived Intangible Assets [Line Items]
Useful life			3 years
Maximum
Finite-Lived Intangible Assets [Line Items]
Useful life			5 years

Identifiable Intangible Asset_4

Identifiable Intangible Assets and Goodwill - Components of Identifiable Intangible Assets (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets, Net [Abstract]
Finite-lived intangible assets, gross	$ 149,675	$ 46,470
Less accumulated amortization	(28,127)	(20,265)
Total	121,548	26,205
Indefinite-lived Intangible Assets [Line Items]
Intangible assets – net	130,726	33,121
Acquired and internally developed software costs
Finite-Lived Intangible Assets, Net [Abstract]
Finite-lived intangible assets, gross	135,875	40,170
Customer relationships
Finite-Lived Intangible Assets, Net [Abstract]
Finite-lived intangible assets, gross	$ 12,360	4,860
Useful life	7 years
Trade names
Finite-Lived Intangible Assets, Net [Abstract]
Finite-lived intangible assets, gross	$ 1,410	1,410
Non-competition agreements
Finite-Lived Intangible Assets, Net [Abstract]
Finite-lived intangible assets, gross	$ 30	30
Useful life	1 year
Minimum
Finite-Lived Intangible Assets, Net [Abstract]
Useful life	3 years
Minimum | Acquired and internally developed software costs
Finite-Lived Intangible Assets, Net [Abstract]
Useful life	3 years
Minimum | Trade names
Finite-Lived Intangible Assets, Net [Abstract]
Useful life	2 years
Maximum
Finite-Lived Intangible Assets, Net [Abstract]
Useful life	5 years
Maximum | Acquired and internally developed software costs
Finite-Lived Intangible Assets, Net [Abstract]
Useful life	7 years
Maximum | Trade names
Finite-Lived Intangible Assets, Net [Abstract]
Useful life	5 years
Internally developed software costs not yet ready for its intended use
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets, gross	$ 2,978	6,516
Trademarks, trade names (non-amortizable)
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets, gross	$ 6,200	$ 400

Identifiable Intangible Asset_5

Identifiable Intangible Assets and Goodwill - Expected Future Amortization (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2021, remaining	$ 11,630
2022	21,889
2023	19,881
2024	17,281
2025	16,857
Thereafter	34,010
Total	$ 121,548	$ 26,205

Identifiable Intangible Asset_6

Identifiable Intangible Assets and Goodwill - Schedule of Goodwill (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2021USD ($)
Goodwill [Roll Forward]
December 31, 2020	$ 41,214
Punchh Acquisition	417,559
June 30, 2021	$ 458,773

Debt - Narrative (Details)

Debt - Narrative (Details)	Apr. 08, 2021USD ($)Rate	Feb. 10, 2020USD ($)$ / sharesshares	Apr. 15, 2019USD ($)	Dec. 31, 2020USD ($)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Mar. 31, 2020USD ($)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2019
Debt Instrument [Line Items]
Treasury stock reissued (in shares) | shares		722,423
Shares issued price per share (in dollars per share) | $ / shares		$ 32.43
Treasury stock acquired average cost per share (in dollars per share) | $ / shares		$ 3.37
Loss on extinguishment of debt					$ 0	$ 0		$ 0	$ (8,123,000)
Liability, debt					314,793,000			314,793,000
Current portion of long-term debt				$ 666,000	685,000			685,000
Convertible Senior Notes due 2024
Debt Instrument [Line Items]
Implied estimated effective rate			10.20%
Subordinated Promissory Note
Debt Instrument [Line Items]
Liability, debt					1,000,000			1,000,000
Current portion of long-term debt					700,000			700,000
Subordinated Promissory Note | Restaurant Magic
Debt Instrument [Line Items]
Stated interest rate										5.75%
Warranty liability assumed				2,000,000
Monthly principal and interest payments				$ 60,600
Convertible Notes
Debt Instrument [Line Items]
Debt issued			$ 80,000,000
Convertible Notes | Convertible Senior Notes due 2024
Debt Instrument [Line Items]
Debt issued					13,750,000			13,750,000
Stated interest rate			4.50%
Debt instrument, repurchased face amount		$ 66,300,000
Debt settlement amount		59,000,000
Settlement of equity component		30,800,000
Debt instrument pay off accrued interest		1,000,000
Loss on extinguishment of debt		8,100,000
Conversion ratio			0.0350217
Liability, debt			$ 62,400,000
Equity component of notes			$ 17,600,000
Issuance costs					4,900,000			4,900,000
Issuance costs, debt component					3,800,000			3,800,000
Issuance cost, equity component					1,100,000			1,100,000
Income tax benefit, equity transaction							$ (1,800,000)
Convertible Notes | Convertible Senior Notes Due 2026
Debt Instrument [Line Items]
Debt issued		$ 120,000,000			120,000,000			120,000,000
Stated interest rate		2.875%
Implied estimated effective rate		7.30%
Conversion ratio		0.0232722
Liability, debt		$ 93,800,000
Equity component of notes		$ 26,200,000
Issuance costs					4,200,000			4,200,000
Issuance costs, debt component					3,300,000			3,300,000
Issuance cost, equity component					900,000		900,000	900,000
Income tax benefit, equity transaction							$ (6,200,000)		$ (4,400,000)
Credit Facility | Owl Rock Credit Agreement
Debt Instrument [Line Items]
Debt issued	$ 180,000,000				$ 180,000,000			$ 180,000,000
Issuance costs	$ 9,300,000
Issuance discount rate	2.00%
Proceeds from issuance of debt	$ 170,700,000
Additional borrowing capacity	$ 25,000,000
Debt instrument covenant maximum revenue leverage ratio	2.10
Covenant, required liquidity	$ 20,000,000
Credit Facility | Owl Rock Credit Agreement | Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
Debt instrument covenant maximum revenue leverage ratio | Rate	260.00%
Line of credit facility, prepayment premium, percentage	2.00%
Credit Facility | Owl Rock Credit Agreement | Debt Instrument, Redemption, Period Two
Debt Instrument [Line Items]
Debt instrument covenant maximum revenue leverage ratio | Rate	130.00%
Line of credit facility, prepayment premium, percentage	1.00%
Credit Facility | Owl Rock Credit Agreement | Base rate
Debt Instrument [Line Items]
Variable rate	3.75%
Credit Facility | Owl Rock Credit Agreement | Eurodollar
Debt Instrument [Line Items]
Variable rate	4.75%

Debt - Summary of Information a

Debt - Summary of Information about the Equity and Liability Components of Notes (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Apr. 08, 2021	Dec. 31, 2020	Feb. 10, 2020	Apr. 15, 2019
Debt Instrument [Line Items]
Total long-term portion of notes payable	$ 279,087,000		$ 279,087,000			$ 105,844,000
Contractual interest expense	3,196,000	$ 1,000,000	4,213,000	$ 2,015,000
Amortization of debt issuance costs and discount	1,737,000	1,102,000	2,917,000	2,059,000
Total interest expense	4,933,000	$ 2,102,000	7,130,000	$ 4,074,000
Convertible Notes
Debt Instrument [Line Items]
Principal amount of notes outstanding								$ 80,000,000
Convertible Notes | Convertible Senior Notes due 2024
Debt Instrument [Line Items]
Principal amount of notes outstanding	13,750,000		13,750,000
Unamortized discount and unamortized debt issuance cost	(2,271,000)		(2,271,000)
Total long-term portion of notes payable	11,479,000		11,479,000
Convertible Notes | Convertible Senior Notes Due 2026
Debt Instrument [Line Items]
Principal amount of notes outstanding	120,000,000		120,000,000				$ 120,000,000
Unamortized discount and unamortized debt issuance cost	(23,962,000)		(23,962,000)
Total long-term portion of notes payable	96,038,000		96,038,000
Credit Facility | Owl Rock Credit Agreement
Debt Instrument [Line Items]
Principal amount of notes outstanding	180,000,000		180,000,000		$ 180,000,000
Unamortized discount and unamortized debt issuance cost	(8,789,000)		(8,789,000)
Total long-term portion of notes payable	$ 171,211,000		$ 171,211,000

Debt - Schedule of Maturities o

Debt - Schedule of Maturities of Notes (Details) $ in Thousands	Jun. 30, 2021USD ($)
Debt Disclosure [Abstract]
2021, remaining	$ 338
2022	705
2023	0
2024	13,750
2025	180,000
Thereafter	120,000
Total	$ 314,793

Common Stock - Narrative (Detai

Common Stock - Narrative (Details) $ / shares in Units, $ in Thousands	Apr. 08, 2021USD ($)$ / sharesshares	Nov. 03, 2020USD ($)shares	Oct. 05, 2020USD ($)tradingDay$ / sharesshares	Jun. 30, 2021USD ($)$ / sharesshares	Jun. 30, 2021USD ($)$ / sharesshares	Jun. 30, 2020USD ($)
Subsequent Event [Line Items]
Payments for common stock issuance costs | $				$ 4,300	$ 4,314	$ 0
Warrants to purchase (in shares) | shares	500,000			500,000	500,000
Warrant, exercise price (in dollars per share) | $ / shares	$ 76.50			$ 76.50	$ 76.50
Warrant exercise period					5 years
Issuance of common stock upon the exercise of stock options (in shares) | shares					54,000
Proceeds from exercise of stock options | $					$ 617	$ 42
Punchh Inc.
Subsequent Event [Line Items]
Equity interest issued (in shares) | shares	1,493,130
Warrant
Subsequent Event [Line Items]
Derivative, fair value | $	$ 14,300
Private Placement
Subsequent Event [Line Items]
Sale of stock, consideration received on transaction | $	$ 160,000
Number of shares issued in transaction (in shares) | shares	2,352,942
Payments for common stock issuance costs | $	$ 4,300
Private Placement | PAR Act III, LLC
Subsequent Event [Line Items]
Number of shares issued in transaction (in shares) | shares	73,530
Consideration received per transaction | $	$ 5,000
Sale of stock (in dollars per share) | $ / shares	$ 68
Private Placement | T. Rowe Price Associates, Inc.
Subsequent Event [Line Items]
Number of shares issued in transaction (in shares) | shares	2,279,412
Consideration received per transaction | $	$ 155,000
Sale of stock (in dollars per share) | $ / shares	$ 68
Public Offering
Subsequent Event [Line Items]
Sale of stock, consideration received on transaction | $			$ 121,800
Number of shares issued in transaction (in shares) | shares			3,350,000
Sale of stock (in dollars per share) | $ / shares			$ 38
Over-Allotment Option
Subsequent Event [Line Items]
Number of shares issued in transaction (in shares) | shares			502,500
Sale of stock (in dollars per share) | $ / shares			$ 38
Number of days available to purchase additional shares | tradingDay			30
Issuance of common stock upon the exercise of stock options (in shares) | shares		266,022
Proceeds from exercise of stock options | $		$ 9,600

Common Stock - Schedule of Deri

Common Stock - Schedule of Derivative Assets (Liability) at Fair Value (Details)	6 Months Ended
	Jun. 30, 2021$ / shares
Subsequent Event [Line Items]
Warrant exercise period	5 years
Estimated fair value (in dollars per share)	$ 60.47
Risk free interest rate | Private Placement
Subsequent Event [Line Items]
Derivative asset (liability) net	0.0085
Expected volatility | Private Placement
Subsequent Event [Line Items]
Derivative asset (liability) net	0.5378
Estimated fair value (in dollars per share)	$ 28.65

Stock Based Compensation - Narr

Stock Based Compensation - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Share-based Payment Arrangement [Abstract]
Expected to be recognized as compensation expense	$ 64,000	$ 27,000	$ 107,000	$ 32,000
Unrecognized compensation expense	$ 39,200,000		$ 39,200,000

Stock Based Compensation - Stoc

Stock Based Compensation - Stock-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Obligation with Joint and Several Liability Arrangement [Line Items]
Stock based compensation	$ 4,251	$ 1,123	$ 5,571	$ 2,212
Cost of sales - contracts
Obligation with Joint and Several Liability Arrangement [Line Items]
Stock based compensation	116	101	184	199
Selling, general and administrative
Obligation with Joint and Several Liability Arrangement [Line Items]
Stock based compensation	$ 4,135	$ 1,022	$ 5,387	$ 2,013

Stock Based Compensation - Sche

Stock Based Compensation - Schedule of Assumptions for Fair Value of Options at the Date of the Grant (Details)	6 Months Ended
	Jun. 30, 2021$ / shares
Share-based Payment Arrangement [Abstract]
Weighted average expected term	3 years 1 month 6 days
Weighted average risk-free interest rate	0.40%
Weighted average expected volatility	56.50%
Estimated fair value (in dollars per share)	$ 60.47

Stock Based Compensation - Shar

Stock Based Compensation - Share Based Compensation Activity (Details) shares in Thousands	6 Months Ended
	Jun. 30, 2021$ / sharesshares
Options outstanding
Beginning balance (in shares) | shares	957
Granted (in shares) | shares	563
Exercised (in shares) | shares	(54)
Canceled/forfeited (in shares) | shares	(63)
Ending balance (in shares) | shares	1,403
Weighted average exercise price
Beginning balance (in dollars per share) | $ / shares	$ 14.29
Granted (in dollars per share) | $ / shares	7.79
Exercised (in dollars per share) | $ / shares	10.70
Canceled/forfeited (in dollars per share) | $ / shares	13.64
Ending balance (in dollars per share) | $ / shares	$ 11.83
Restricted Stock Awards
Restricted Stock and RSU Awards Outstanding
Beginning balance (in shares) | shares	61
Granted (in shares) | shares	2
Vested (in shares) | shares	(34)
Forfeited and cancelled (in shares) | shares	(1)
Beginning balance (in shares) | shares	28
Weighted average award value
Beginning balance (in dollars per share) | $ / shares	$ 25.62
Granted (in dollars per share) | $ / shares	22.36
Vested (in dollars per share) | $ / shares	24.81
Forfeited and canceled (in dollars per share) | $ / shares	20.94
Ending balance (in dollars per share) | $ / shares	$ 26.51
RSU Awards
Restricted Stock and RSU Awards Outstanding
Beginning balance (in shares) | shares	427
Granted (in shares) | shares	149
Vested (in shares) | shares	(115)
Forfeited and cancelled (in shares) | shares	(4)
Beginning balance (in shares) | shares	457
Weighted average award value
Beginning balance (in dollars per share) | $ / shares	$ 15.46
Granted (in dollars per share) | $ / shares	67.24
Vested (in dollars per share) | $ / shares	17.08
Forfeited and canceled (in dollars per share) | $ / shares	66.82
Ending balance (in dollars per share) | $ / shares	$ 31.39

Net Loss Per Share (Details)

Net Loss Per Share (Details) - $ / shares	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Apr. 08, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Warrants to purchase (in shares)	500,000		500,000
Warrant, exercise price (in dollars per share)	$ 76.50		$ 76.50
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive stock options outstanding (in shares)	1,403,000	928,000
RSU Awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive stock options outstanding (in shares)	457,000	427,000
Convertible Debt Securities | Convertible Notes | Convertible Senior Notes due 2024
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive stock options outstanding (in shares)	638,051
Initial conversion price (in dollars per share)	$ 46.4037
Convertible Debt Securities | Convertible Notes | Convertible Senior Notes Due 2026
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive stock options outstanding (in shares)	3,700,272
Initial conversion price (in dollars per share)	$ 30.8356

Segment and Related Informati_3

Segment and Related Information - Summary of Segment Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)reporting_unit	Jun. 30, 2020USD ($)
Segment and Related Information [Abstract]
Number of operating segments | reporting_unit			2
Number of reportable segments | reporting_unit			2
Information as to the Company's segments [Abstract]
Revenue	$ 68,950	$ 45,691	$ 123,417	$ 100,423
Operating loss	(16,975)	(5,718)	(22,996)	(11,173)
Other expense – net	(341)	(139)	(392)	(764)
Interest expense, net	(4,937)	(2,111)	(7,097)	(4,083)
Loss on extinguishment of debt	0	0	0	(8,123)
Net loss	(22,253)	(7,968)	(30,485)	(24,143)
Depreciation and amortization	7,797	3,558	11,787	6,700
Capital expenditures including software costs	3,498	3,006	4,438	5,046
United States
Information as to the Company's segments [Abstract]
Revenue	64,127	44,626	114,730	97,257
Other Countries
Information as to the Company's segments [Abstract]
Revenue	4,823	1,065	8,687	3,166
Corporate, Non-Segment
Information as to the Company's segments [Abstract]
Operating loss	(2,412)	630	(339)	66
Depreciation and amortization	2,073	1,567	3,598	2,838
Capital expenditures including software costs	231	0	288	122
Restaurant/Retail
Information as to the Company's segments [Abstract]
Revenue	51,124	27,633	87,708	65,042
Restaurant/Retail | Operating segments
Information as to the Company's segments [Abstract]
Operating loss	(15,968)	(7,697)	(25,252)	(13,767)
Depreciation and amortization	5,527	1,951	7,956	3,806
Capital expenditures including software costs	2,965	2,783	3,697	4,490
Government
Information as to the Company's segments [Abstract]
Revenue	17,826	18,058	35,709	35,381
Government | Operating segments
Information as to the Company's segments [Abstract]
Operating loss	1,405	1,349	2,595	2,528
Depreciation and amortization	197	40	233	56
Capital expenditures including software costs	$ 302	$ 223	$ 453	$ 434

Segment and Related Informati_4

Segment and Related Information - Reconciliation of Segment Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Identifiable assets by geographic area [Abstract]
Assets	$ 797,675	$ 343,749
Long-Lived Assets	203,397	266,845
Goodwill by business segment [Abstract]
Goodwill	458,773	41,214
United States
Identifiable assets by geographic area [Abstract]
Long-Lived Assets	189,129	250,275
Other Countries
Identifiable assets by geographic area [Abstract]
Long-Lived Assets	14,268	16,570
Restaurant/Retail
Goodwill by business segment [Abstract]
Goodwill	458,037	40,478
Government
Goodwill by business segment [Abstract]
Goodwill	736	736
Operating segments | Restaurant/Retail
Identifiable assets by geographic area [Abstract]
Assets	706,141	140,606
Operating segments | Government
Identifiable assets by geographic area [Abstract]
Assets	13,775	13,150
Corporate, Non-Segment
Identifiable assets by geographic area [Abstract]
Assets	$ 77,759	$ 189,993

Segment and Related Informati_5

Segment and Related Information - Revenue by Major Customers (Details) - Customer Concentration Risk - Revenue Benchmark	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Revenue, Major Customer [Line Items]
Concentration risk, percentage	100.00%	100.00%	100.00%	100.00%
Restaurant/Retail | Dairy Queen
Revenue, Major Customer [Line Items]
Concentration risk, percentage	6.00%	11.00%	7.00%	14.00%
Restaurant/Retail | Yum! Brands, Inc.
Revenue, Major Customer [Line Items]
Concentration risk, percentage	11.00%	10.00%	11.00%	11.00%
Government | U.S. Department of Defense
Revenue, Major Customer [Line Items]
Concentration risk, percentage	26.00%	40.00%	29.00%	35.00%
Government | All Others
Revenue, Major Customer [Line Items]
Concentration risk, percentage	57.00%	39.00%	53.00%	40.00%

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Narrative (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Amounts owed to employees participating in the deferred compensation plan	$ 2.6	$ 2.8
Liability fair value	0	$ 0
Fair Value, Inputs, Level 2 | Convertible Notes | Convertible Senior Notes due 2024
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value of debt	33.7
Fair Value, Inputs, Level 2 | Convertible Notes | Convertible Senior Notes Due 2026
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value of debt	217.5
Fair Value, Inputs, Level 3 | Credit Facility | Owl Rock Credit Agreement
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value of debt	$ 177.1

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Contingent Consideration Liability (Details) - Revenue-based Payments $ in Thousands	Jun. 30, 2021USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Contingent consideration liability	$ 1,965
Fair Value	$ 0
Measurement Input, Revenue Volatility
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Weighted Average or Range	0.250
Measurement Input, Discount Rate
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Weighted Average or Range	0.140