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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
A summary of the cumulative consideration paid and the preliminary allocation of the purchase price paid for our acquisitions closed during the nine months ended September 30, 2024 is as follows:
NINE MONTHS ENDED SEPTEMBER 30, 2024
Cash Paid (gross of cash acquired)$184,777 
Deferred Purchase Obligations, Purchase Price Holdbacks and Other(1)
133,813 
Total Consideration318,590 
Fair Value of Identifiable Assets Acquired(2)
212,826 
Fair Value of Identifiable Liabilities Acquired(62,525)
Goodwill Initially Recorded(3)
$168,289 
(1)Consists of the acquisition-date fair values of the Regency Deferred Purchase Obligation and the January 2025 Payment.
(2)Assets acquired include supplier relationship intangible assets, with a total fair value of approximately $131,000 and a weighted average life of approximately 18 years.
(3)Goodwill is primarily attributable to the assembled workforce, expanded market opportunities and costs and other operating synergies anticipated upon the integration of the operations of us and the acquired businesses.