REVISION

9 Months Ended

Sep. 30, 2022

Accounting Changes and Error Corrections [Abstract]

During the first quarter of 2022, we identified errors in the translation of the goodwill associated with our investment in our Canadian subsidiaries. We determined that we were not appropriately translating Canadian goodwill in consolidation since acquiring these businesses in 2012 and 2013. The failure to translate these balances resulted in an overstatement of US dollar-based goodwill for several years.

We assessed the materiality of the errors on prior period financial statements in accordance with Securities and Exchange Commission Staff Accounting Bulletin No. 99, Materiality, codified in Accounting Standards Codification (ASC) 250, Presentation of Financial Statements. We concluded that the errors were not material to our prior period consolidated financial statements and, therefore, amendments of previously filed consolidated financial statements are not required. In accordance with ASC 250, we have corrected the errors by revising the unaudited condensed consolidated financial statements presented herein. Prior periods not presented herein will be revised, as applicable, in future filings.

The impacts of the revisions on the periods presented herein are provided in the following tables.


	Three Months Ended September 30, 2021						Nine Months Ended September 30, 2021
	As previously						As previously
	Reported		Adjustments		Revised		Reported		Adjustments		Revised

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
Currency translation adjustments	$	(2,129)	$	(574)	$	(2,703)	$	475	$	2	$	477
Total comprehensive income	$	4,807	$	(574)	$	4,233	$	15,500	$	2	$	15,502



	As previously
	Reported		Adjustments		Revised
BALANCE SHEET (AT DECEMBER 31, 2021):
Goodwill	$	308,506	$	(11,965)	$	296,541
Total Assets	$	906,192	$	(11,965)	$	894,227

Accumulated other comprehensive loss	$	(17,317)	$	(11,965)	$	(29,282)
Total Equity	$	358,692	$	(11,965)	$	346,727
Total Liabilities & Equity	$	906,192	$	(11,965)	$	894,227


Accumulated Other Comprehensive Loss
	As previously
	Reported		Adjustments		Revised

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY
Balance at June 30, 2021	$	(15,409)	$	(11,440)	$	(26,849)
Currency translation adjustment	(2,129)		(574)		(2,703)
Balance at September 30, 2021	$	(17,538)	$	(12,014)	$	(29,552)

Balance at December 31, 2020	$	(18,013)	$	(12,016)	$	(30,029)
Currency translation adjustment	475		2		477
Balance at September 30, 2021	$	(17,538)	$	(12,014)	$	(29,552)