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Business Combinations and Asset Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The purchase price allocations for ECM and NEHDS as of December 31, 2021 are summarized as follows (in thousands):
| ECM |  | NEHDS |
Purchase Price |  |  |  |
Cash consideration paid | 155,686 |  | (1) | 60,332 |  | (2)
Cash and cash equivalents acquired | (13,327) |  |  | (332) |  |
Contingent consideration arrangement | — |  |  | 2,500 |  | (3)
Working capital surplus (deficiency) | (1,068) |  |  | 554 |  |
Total purchase price (fair value of consideration) | 141,291 |  |  | 63,054 |  |
Provisional Purchase Price Allocation |  |  |  |
Current assets | 17,468 |  |  | 3,508 |  |
Property and equipment | 88,632 |  |  | 5,420 |  |
Intangible assets | 37,200 |  |  | 20,000 |  |
Other non-current assets | 3,644 |  |  | 12,122 |  |
Total assets acquired | 146,944 |  |  | 41,050 |  |
Current liabilities | (7,721) |  |  | (4,014) |  |
Other long-term liabilities | (2,460) |  |  | (10,516) |  |
Total liabilities assumed | (10,181) |  |  | (14,530) |  |
Temporary equity - redeemable noncontrolling interest in ECM | (33,556) |  |  | — |  |
Goodwill | $ | 38,084 |  |  | $ | 36,534 |  |
(1) At closing, $1.5 million of the cash consideration was placed in escrow to cover post-closing adjustments and to secure certain indemnification obligations of the sellers. (2) At closing, $3.1 million of the cash consideration was placed in escrow to cover post-closing adjustments and to secure certain indemnification obligations of the sellers. (3) The contingent consideration arrangement, also referred to as earnout, requires us to pay the former owners of NEHDS additional amounts in cash if certain levels of gross profit and revenues are earned during calendar year 2022. The potential undiscounted amount of all future earnout payments that we could be required to make is between $0 and $4.0 million. The fair value of the contingent consideration arrangement of $2.5 million was estimated by management.
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | The following table summarizes the major classes of intangible assets and the respective weighted-average estimated amortization periods:
| Estimated Fair Value (in thousands) |  | Weighted-Average Estimated Amortization Period (Years)
Customer relationships | $ | 40,200 |  |  | 10
Trade names | 17,000 |  |  | 12
Total intangible assets | $ | 57,200 |  |  |

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- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
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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 -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
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