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BUSINESS COMBINATIONS | 9 Months Ended
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Sep. 30, 2017
Business Combinations [Abstract] |
BUSINESS COMBINATIONS | BUSINESS COMBINATIONS We acquired one solid waste collection business in our Eastern region and two solid waste collection businesses in our Western region during the nine months ended September 30, 2017. We acquired three transfer stations in our Western region during the nine months ended September 30, 2016. The operating results of each acquired business is included in the accompanying unaudited consolidated statements of operations from the date of acquisition, and the purchase price has been allocated to the net assets acquired based on fair values at the date of acquisition, with the residual amount recorded as goodwill. A summary of the purchase price for these acquisitions and the allocation of the purchase price for these acquisitions follows:
| Nine Months Ended September 30,
| 2017 |  | 2016
Purchase Price: |  |  |
Cash paid for acquisitions | $ | 3,383 |  |  | $ | 2,439 |
Notes payable | 2,400 |  |  | — |
Other non-cash considerations | 101 |  |  | — |
Holdbacks | 376 |  |  | 400 |
Total | 6,260 |  |  | 2,839 |
Allocated as follows: |  |  |
Current assets | — |  |  | 40 |
Land | — |  |  | 353 |
Building | — |  |  | 1,360 |
Equipment | 2,452 |  |  | 269 |
Intangible assets | 1,670 |  |  | — |
Other liabilities, net | (49 | ) |  | (106 | )
Fair value of assets acquired and liabilities assumed | 4,073 |  |  | 1,916 |
Excess purchase price allocated to goodwill | $ | 2,187 |  |  | $ | 923 |
Unaudited pro forma combined information that shows our operational results as though each acquisition completed since the beginning of the prior fiscal year had occurred as of January 1, 2016 follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Revenue | $ | 160,401 |  |  | $ | 152,572 |  |  | $ | 450,512 |  |  | $ | 426,376 |
Operating income (loss) | $ | 18,296 |  |  | $ | 17,434 |  |  | $ | (22,334 | ) |  | $ | 35,037 |
Net income (loss) attributable to common stockholders | $ | 12,090 |  |  | $ | 7,565 |  |  | $ | (41,767 | ) |  | $ | 5,162 |
Basic weighted average common shares outstanding | 41,951 |  |  | 41,377 |  |  | 41,783 |  |  | 41,169 |
Basic earnings per share attributable to common stockholders | $ | 0.29 |  |  | $ | 0.18 |  |  | $ | (1.00 | ) |  | $ | 0.13 |
Diluted weighted average shares outstanding | 43,295 |  |  | 42,287 |  |  | 41,783 |  |  | 41,896 |
Diluted earnings per share attributable to common stockholders | $ | 0.28 |  |  | $ | 0.18 |  |  | $ | (1.00 | ) |  | $ | 0.12 |
The pro forma results set forth in the table above have been prepared for comparative purposes only and are not necessarily indicative of the actual results of operations had the acquisitions occurred as of January 1, 2016 or of the results of our future operations. Furthermore, the pro forma results do not give effect to all cost savings or incremental costs that may occur as a result of the integration and consolidation of the completed acquisitions.

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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
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- References No definition available. + Details
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