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Business Acquisitions (Tables)

3 Months Ended

Mar. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Allocation of Aggregate Purchase Price

The following table summarizes the allocation of the purchase consideration for all 2022 acquisitions (in thousands):

			2022 Acquisitions
Accounts receivable			$			4,615
Prepaid expenses and other current assets						231
Property and equipment						307
Trade names						2,302
Customer relationship						9,216
Goodwill						24,156
Other intangibles						3,439
Other long-term assets						11
Accounts payable and accrued expenses						(2,551)
Deferred revenue						(1,697)
Deferred tax liability						(3,390)
Total			$			36,639

Pro Forma Financial Information

The supplemental information on an unaudited pro forma financial basis presents the combined results of the Company and its 2022 acquisitions as if each acquisition had occurred on January 1, 2021 (in thousands, except per share amounts):

			Three Months Ended March 31,
			2022						2021
			(unaudited)						(unaudited)
Revenues			$	316,154					$	314,767
Net income from continuing operations			$	24,815					$	39,206
EPS - Basic			$	0.53					$	0.88
EPS - Diluted			$	0.52					$	0.84

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 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

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