BUSINESS COMBINATIONS (Tables)

6 Months Ended

Jun. 30, 2020

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,
	2020		2019
Purchase Price:
Cash used in acquisitions, net of cash acquired	$	19,212	$	25,546
Notes payable	—		2,250


Contingent consideration and holdbacks	2,837		1,120
Total	22,049		28,916
Allocated as follows:
Current assets	132		1,865

Land	685		726
Buildings	2,118		2,602
Equipment	8,277		8,655
Intangible assets	5,912		11,619
Other liabilities, net	(222)		(1,546)
Deferred tax liability	—		(2,137)
Fair value of assets acquired and liabilities assumed	16,902		21,784
Excess purchase price allocated to goodwill	$	5,147	$	7,132

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, 2019 is as follows:


	Three Months Ended June 30,						Six Months Ended June 30,
	2020		2019		2020		2019
Revenues	$	189,026	$	201,608	$	373,623	$	381,518
Operating income	$	17,448	$	16,850	$	24,517	$	22,751
Net income	$	12,115	$	12,629	$	13,087	$	11,709

Basic earnings per share attributable to common stockholders:
Weighted average common shares outstanding	48,348		47,464		48,176		46,693
Basic earnings per common share	$	0.25	$	0.27	$	0.27	$	0.25
Diluted earnings per share attributable to common stockholders:
Weighted average common shares outstanding	48,563		48,221		48,411		47,424
Diluted earnings per common share	$	0.25	$	0.26	$	0.27	$	0.25