ACQUISITIONS OF BUSINESSES (Tables)

9 Months Ended

Sep. 30, 2019

The purchase price for the 2018 acquisitions has been allocated as follows (in thousands):

Cash paid, net of cash acquired	$	16,367
Seller notes		950
Total consideration	$	17,317

Estimated fair value of net tangible assets acquired:
Total current assets	$	1,633
Total non-current assets		305
Total liabilities		(525	)
Net tangible assets acquired	$	1,413
Referral relationships		2,926
Non-compete		298
Tradename		990
Goodwill		19,835
Fair value of non-controlling interest (classified as redeemable non-controlling interests)		(8,145	)
	$	17,317

The purchase price for the 2019 acquisitions has been preliminarily allocated as follows (in thousands):

Cash paid, net of cash acquired	$	30,365
Payable to shareholders of seller		502
Seller note		4,300
Total consideration	$	35,167

Estimated fair value of net tangible assets acquired:
Total current assets	$	2,824
Total non-current assets		2,924
Total liabilities		(3,034	)
Net tangible assets acquired	$	2,714
Referral relationships		3,000
Non-compete		1,290
Tradename		4,100
Goodwill		30,293
Fair value of non-controlling interest (classified as redeemable non-controlling interests)		(6,230	)
	$	35,167