XML 32 R21.htm IDEA: XBRL DOCUMENT
v3.20.2

ACQUISITIONS OF BUSINESSES (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
ACQUISITIONS OF BUSINESSES [Abstract] |
Preliminary Purchase Prices Allocation | The purchase price for the 2020 acquisitions has been preliminarily allocated as follows (in thousands):
|  | Physical Therapy Operations |
Cash paid, net of cash acquired |  | $ | 15,322 |
Seller note |  |  | 796 |
Total consideration |  | $ | 16,118 |
Estimated fair value of net tangible assets acquired: |  |  |  |
Total current assets |  | $ | 778 |
Total non-current assets |  |  | 400 |
Total liabilities |  |  | (469 | )
Net tangible assets acquired |  | $ | 709 |
Referral relationships |  |  | 1,600 |
Non-compete |  |  | 750 |
Tradename |  |  | 1,500 |
Goodwill |  |  | 19,824 |
Fair value of non-controlling interest (classified as redeemable non-controlling interests) |  |  | (8,265 | )
|  | $ | 16,118 |
The purchase price for the 2019 acquisitions has been allocated as follows (in thousands):
|  | IIPS* |  |  | Physical Therapy Operations |  |  | Total |
Cash paid, net of cash acquired |  | $ | 18,428 |  |  | $ | 12,170 |  |  | $ | 30,598 |
Payable to shareholders of seller |  |  | 485 |  |  |  | - |  |  |  | 485 |
Seller note |  |  | 4,000 |  |  |  | 300 |  |  |  | 4,300 |
Total consideration |  | $ | 22,913 |  |  | $ | 12,470 |  |  | $ | 35,383 |
Estimated fair value of net tangible assets acquired: |  |  |  |  |  |  |  |  |  |  |  |
Total current assets |  | $ | 1,641 |  |  | $ | 650 |  |  | $ | 2,291 |
Total non-current assets |  |  | 848 |  |  |  | 3,019 |  |  |  | 3,867 |
Total liabilities |  |  | (2,978 | ) |  |  | (2,816 | ) |  |  | (5,794 | )
Net tangible assets acquired |  | $ | (489 | ) |  | $ | 853 |  |  | $ | 364 |
Referral relationships |  |  | 3,400 |  |  |  | 2,600 |  |  |  | 6,000 |
Non-compete |  |  | 250 |  |  |  | 270 |  |  |  | 520 |
Tradename |  |  | 1,300 |  |  |  | 740 |  |  |  | 2,040 |
Goodwill |  |  | 18,452 |  |  |  | 14,237 |  |  |  | 32,689 |
Fair value of non-controlling interest (classified as redeemable non-controlling interests) |  |  | - |  |  |  | (6,230 | ) |  |  | (6,230 | )
|  | $ | 22,913 |  |  | $ | 12,470 |  |  | $ | 35,383 |
* Industrial injury prevention services

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
Name: | us-gaap_FiniteLivedAndIndefiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration