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BUSINESS COMBINATIONS (Tables)

3 Months Ended

Mar. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Summary of Purchase Price Paid for Acquisitions

A summary of the purchase price paid and the purchase price allocation for acquisitions follows:

			Three Months Ended March 31,
			2022						2021
Purchase Price:
Cash used in acquisitions, net of cash acquired			$	49,747					$	3,465
Holdbacks			3,707						385
Total consideration			53,454						3,850
Allocated as follows:
Current assets			7,584						—
Property, plant and equipment:
Land			1,940						—
Buildings and improvements			5,078						—
Equipment			6,655						1,254
Operating lease right-of-use assets			405						—
Intangible assets:
Covenants not-to-compete			1,343						331
Customer relationships			9,637						954
Current liabilities			(3,573)						(76)
Operating lease liabilities, less current portion			(282)						—
Fair value of assets acquired and liabilities assumed			28,787						2,463
Excess purchase price allocated to goodwill			$	24,667					$	1,387

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, 2021 is as follows:

									Three Months Ended March 31,
															2022						2021
Revenues															$	238,836					$	218,841
Operating income															$	10,834					$	12,615
Net income															$	4,303					$	2,571
Basic earnings per share attributable to common stockholders:
Weighted average common shares outstanding															51,490						51,179
Basic earnings per common share															$	0.08					$	0.05
Diluted earnings per share attributable to common stockholders:
Weighted average common shares outstanding															51,657						51,387
Diluted earnings per common share															$	0.08					$	0.05

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

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- References

No definition available.

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X

- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

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