XML 39 R24.htm IDEA: XBRL DOCUMENT
v3.25.3

ACQUISITIONS (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] |
Schedule of Assets Acquired and Liabilities Assumed Recorded at the Date of Acquisition | The initial and updated preliminary values of identified assets acquired and liabilities assumed for Saela are summarized as follows:
(in thousands) | Initial Preliminary Allocation as of 4/1/2025 | Measurement Period Adjustments | Updated Preliminary Allocation as of 4/1/2025
Cash | $ | 1,506 |  | $ | 16 |  | $ | 1,522 |
Accounts receivable | 832 |  | (27) |  | 805 |
Materials and supplies | 573 |  | — |  | 573 |
Other current assets | 414 |  | — |  | 414 |
Equipment and property | 4,648 |  | 12 |  | 4,660 |
Goodwill | 132,959 |  | (3,863) |  | 129,096 |
Customer contracts | 52,200 |  | 4,100 |  | 56,300 |
Trademarks & tradenames | 17,300 |  | — |  | 17,300 |
Operating lease right-of-use assets | 991 |  | — |  | 991 |
Accounts payable | (1,961) |  | (23) |  | (1,984) |
Accrued compensation and related liabilities | (949) |  | (115) |  | (1,064) |
Other current liabilities | (389) |  | (6) |  | (395) |
Operating lease liabilities | (991) |  | — |  | (991) |
Assets acquired and liabilities assumed | $ | 207,133 |  | $ | 94 |  | $ | 207,227 |
The aggregate preliminary values of major classes of assets acquired and liabilities assumed recorded at the dates of acquisition are summarized as follows:
(in thousands) | September 30, 2025
Cash | $ | 633 |
Accounts receivable | 2,074 |
Materials and supplies | 912 |
Other current assets | 256 |
Equipment and property | 6,071 |
Goodwill | 60,332 |
Customer contracts | 42,607 |
Trademarks & tradenames | 1,667 |
Other intangible assets | 1,838 |
Current liabilities | (859) |
Unearned revenue | (2,726) |
Other assets and liabilities, net | (6,189) |
Assets acquired and liabilities assumed | $ | 106,616 |
Schedule of Business Acquisition, Pro Forma Information | The following table presents unaudited consolidated pro forma information as if the acquisition of Saela had occurred on January 1, 2024. This information presented below is for illustrative purposes only and is not necessarily indicative of results that would have been achieved if the acquisition had actually occurred as of the beginning of such years or results which may be achieved in the future.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Revenues | $ | 1,026,106 |  |  | $ | 935,459 |  |  | $ | 2,863,418 |  |  | $ | 2,602,961 |
Net income | 162,666 |  |  | 138,576 |  |  | 408,052 |  |  | 362,896 |

X
- Definition Tabular disclosure of pro forma revenue and earnings for business combination or aggregate of series of individually immaterial business combinations. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 805 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-8 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 805 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 49 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479303/805-10-55-49 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-3 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationAndAssetAcquisitionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of asset acquired and liability assumed in business combination and recognized at acquisition date. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration