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Acquisitions (Tables) | 6 Months Ended
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Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract] |
Summary of Acquisition Accounting | The following table summarizes the preliminary acquisition accounting (in thousands):
Current assets | $ | 754 |
Long term assets | 286 |
Goodwill | 14,505 |
Intangibles | 11,800 |
Current liabilities | (675) |
Noncurrent liabilities | (2,926) |
Aggregate purchase price | $ | 23,744 |
The following table summarizes the preliminary acquisition accounting for ALE (in thousands):
Trade and other receivables | $ | 178,396 |
Prepaid expenses and other current assets | 2,555 |
Other long term assets | 10,120 |
Goodwill | 136,471 |
Intangibles | 175,800 |
Accounts payable and accrued expenses | (31,048) |
Other current liabilities | (38,866) |
Other noncurrent liabilities | (11,596) |
Aggregate purchase price | $ | 421,832 |
The following table summarizes the final acquisition accounting for AFEX (in thousands):
Trade and other receivables | $ | 8,159 |
Prepaid expenses and other current assets | 108,402 |
Property, plant and equipment | 1,723 |
Other long term assets | 51,074 |
Goodwill | 257,332 |
Intangibles | 237,900 |
Accounts payable and accrued expenses | (40,164) |
Other current liabilities | (81,430) |
Customer deposits | (375,049) |
Other noncurrent liabilities | (97,855) |
Aggregate purchase price | $ | 70,092 |
The following table summarizes the final acquisition accounting for Roger (in thousands):
Accounts and other receivables | $ | 110 |
Prepaid expenses and other current assets | 37 |
Other assets | 28 |
Goodwill | 34,359 |
Other intangibles | 5,400 |
Current liabilities | (925) |
Deferred income taxes | (6) |
Aggregate purchase price | $ | 39,003 |
Summary of Preliminary Estimated Fair Value of Intangible Assets Acquired and the Related Estimated Useful Lives | The estimated preliminary fair value of intangible assets acquired and the related estimated useful lives consisted of the following (in thousands):
| Useful Lives (in Years) |  | Value
Trade Name and Trademarks | 2 |  | $ | 100 |
Proprietary Technology | 10 |  | 3,500 |
Customer Relationships | 16 |  | 8,200 |
|  |  | $ | 11,800 |
The estimated preliminary fair value of intangible assets acquired and the related estimated useful lives consisted of the following (in thousands):
| Useful Lives (in Years) |  | Value
Trade Names and Trademarks | Indefinite |  | $ | 14,500 |
Proprietary Technology | 4 |  | 14,400 |
Lodging Network | 20 |  | 800 |
Customer Relationships | 15 |  | 146,100 |
|  |  | $ | 175,800 |
The estimated fair value of intangible assets acquired and the related estimated useful lives consisted of the following (in thousands):
| Useful Lives (in Years) |  | Value
Trade Names and Trademarks | 2 |  | $ | 5,400 |
Proprietary Technology | 4 |  | 11,800 |
Banking Relationships | 20 |  | 1,800 |
Licenses | 20 |  | 2,600 |
Customer Relationships | 10 |  | 216,300 |
|  |  | $ | 237,900 |
The estimated fair value of intangible assets acquired and the related estimated useful lives consisted of the following (in thousands):
| Useful Lives (in Years) |  | Value
Proprietary Technology | 10 |  | $ | 4,800 |
Customer Relationships | 13 |  | 600 |
|  |  | $ | 5,400 |

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- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
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