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BUSINESS COMBINATIONS (Tables)
6 Months Ended
Jun. 30, 2019
Business Combinations [Abstract]  
Summary of Purchase Price Paid for Acquisitions
A summary of the purchase price paid for these acquisitions and the allocation of the purchase price for these acquisitions follows:
 
Six Months Ended
June 30,
 
2019
 
2018
Purchase Price:
 
 
 
Cash used in acquisitions, net of cash acquired
$
25,546

 
$
19,189

Notes payable
2,250

 

Contingent consideration and holdbacks
1,120

 
172

Total
28,916

 
19,361

Allocated as follows:
 
 
 
Current assets
1,865

 
1,640

Land
726

 

Buildings
2,602

 
5,578

Equipment
8,655

 
4,642

Intangible assets
11,619

 
2,700

Other liabilities, net
(1,546
)
 
(1,276
)
Deferred tax liability
(2,137
)
 
(1,635
)
Fair value of assets acquired and liabilities assumed
21,784

 
11,649

Excess purchase price allocated to goodwill
$
7,132

 
$
7,712


Schedule of Unaudited Pro forma Combined Information 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, 2018 is as follows:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2019
 
2018
 
2019
 
2018
Revenues
$
189,970

 
$
183,084

 
$
358,243

 
$
348,373

Operating income
$
15,638

 
$
16,606

 
$
20,326

 
$
18,919

Net income (loss)
$
11,954

 
$
2,504

 
$
10,357

 
$
(597
)
 
 
 
 
 
 
 
 
Basic earnings per share attributable to common stockholders:
 
 
 
 
 
 
 
Weighted average common shares outstanding
47,464

 
42,661

 
46,693

 
42,516

Basic earnings per common share
$
0.25

 
$
0.06

 
$
0.22

 
$
(0.01
)
Diluted earnings per share attributable to common stockholders:
 
 
 
 
 
 
 
Weighted average shares outstanding
48,221

 
43,916

 
47,424

 
42,516

Diluted earnings per common share
$
0.25

 
$
0.06

 
$
0.22

 
$
(0.01
)