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Business Acquisitions and Related Transactions (Tables)

6 Months Ended

Jun. 30, 2024

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Summary of Purchase Price Allocation by Acquisitions

A summary of the cumulative consideration paid and allocation of the purchase price for the Enerqos acquisition are presented in the table below:

			Preliminary March 31, 2023						Measurement Period Adjustment						As Adjusted December 31, 2023
Cash			$	9,535					$	—					$	9,535
Long-term debt assumed, net of current portions			3,951						—						3,951
FX adjustment			(41)						—						(41)
Fair value of consideration transferred			$	13,445					$	—					$	13,445
Cash and cash equivalents			$	190					$	—					$	190
Accounts receivable			6,230						—						6,230
Costs and estimated earnings in excess of billings			8,985						—						8,985
Prepaid expenses and other current assets			16,504						—						16,504
Project development costs			5,140						—						5,140
Property and equipment and energy assets			1,234						—						1,234
Intangible assets			4,438						—						4,438
Long-term restricted cash			163						—						163
Accounts payable			(15,480)						—						(15,480)
Accrued expenses and other current liabilities			(4,510)						165						(4,345)
Current portions of long-term debt			(15,165)						—						(15,165)
Deferred income tax liabilities, net			(931)						—						(931)
Other liabilities			(208)						—						(208)
Recognized identifiable assets acquired and liabilities assumed			$	6,590					$	165					$	6,755
Goodwill			$	6,855					$	(165)					$	6,690

Summary of Purchase Price Allocation by Acquisitions

A summary of the cumulative consideration paid and allocation of the purchase price for the Enerqos acquisition are presented in the table below:

			Preliminary March 31, 2023						Measurement Period Adjustment						As Adjusted December 31, 2023
Cash			$	9,535					$	—					$	9,535
Long-term debt assumed, net of current portions			3,951						—						3,951
FX adjustment			(41)						—						(41)
Fair value of consideration transferred			$	13,445					$	—					$	13,445
Cash and cash equivalents			$	190					$	—					$	190
Accounts receivable			6,230						—						6,230
Costs and estimated earnings in excess of billings			8,985						—						8,985
Prepaid expenses and other current assets			16,504						—						16,504
Project development costs			5,140						—						5,140
Property and equipment and energy assets			1,234						—						1,234
Intangible assets			4,438						—						4,438
Long-term restricted cash			163						—						163
Accounts payable			(15,480)						—						(15,480)
Accrued expenses and other current liabilities			(4,510)						165						(4,345)
Current portions of long-term debt			(15,165)						—						(15,165)
Deferred income tax liabilities, net			(931)						—						(931)
Other liabilities			(208)						—						(208)
Recognized identifiable assets acquired and liabilities assumed			$	6,590					$	165					$	6,755
Goodwill			$	6,855					$	(165)					$	6,690

X

- References

No definition available.

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- 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
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479328/805-10-50-3

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479328/805-10-50-2

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- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479907/805-20-50-1

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