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ACQUISITION (Tables)

12 Months Ended

Dec. 31, 2022

ACQUISITION.

Schedule of purchase consideration and estimated fair values of the acquired assets and liabilities

​

​	​	​	​	​
​	​	Purchase		​
​	​	Consideration		​
​	​	(in thousands)		​
Net cash consideration, including post-closing adjustments	​	$	237,101	​
Contingent consideration	​	​	93,700	​
Total purchase consideration	​	$	330,801	​

​

​

​	​	​	​	​
​	​	Purchase
​		Allocation
​	​	(in thousands)
Accounts receivable	​	$	131,378	​
Prepaid expenses	​		468	​
Property and equipment	​		1,533	​
Operating lease right-of-use assets	​		844	​
Intangible assets	​		76,900	​
Other assets	​		170	​
Total identifiable assets acquired	​		211,293	​
​	​	​	​	​
Accounts payable	​		94,053	​
Accrued expenses and other current liabilities	​		4,470	​
Operating lease liabilities	​		983	​
Total liabilities	​		99,506	​
​	​	​	​	​
Total identifiable net assets	​		111,787	​
Goodwill	​		219,014	​
Net assets acquired	​	$	330,801	​

​

Schedule of pro forma supplemental information

​

​	​	​	​	​	​	​	​
​	​	Year Ended December 31
​	​	2021			2020
​	​	(Unaudited)					​
​	​	(in thousands, except per share data)
Revenues		$	4,488,564	​	$	3,213,722	​
Income before income taxes	​	$	266,866	​	$	63,622	​
Net income	​	$	205,728	​	$	48,290	​
Diluted EPS	​	$	7.68	​	$	1.83	​

​

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 https://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 https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

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X

- References

No definition available.

+ Details

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
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X

- 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 https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472

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