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Alliance Acquisition (Tables) | 9 Months Ended
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Sep. 30, 2022
Alliance Acquisition |
Schedule of purchase price allocation to estimated fair values of the identifiable assets acquired and liabilities | The following table summarizes the purchase consideration and the preliminary purchase price allocation to estimated fair values of the identifiable assets acquired and liabilities assumed as of the acquisition date (in thousands): ​
​ | ​ | ​ | ​
​ | ​ | July 1, 2022
Cash consideration | ​ | $ | 118,961
Contingent consideration | ​ |  | 26,700
Total fair value of consideration transferred | ​ | $ | 145,661
​ | ​ | ​ | ​
Assets acquired: | ​ | ​ | ​
Cash and cash equivalents | ​ | $ | 6,336
Accounts receivable (1) | ​ | ​ | 43,378
Other current assets | ​ | ​ | 4,879
Property and equipment | ​ | ​ | 118,619
Operating lease right-of-use assets | ​ | ​ | 1,205
Intangible assets | ​ | ​ | 1,400
Other assets | ​ |  | 2,133
Total assets acquired | ​ | $ | 177,950
Liabilities assumed: | ​ | ​ | ​
Accounts payable | ​ | $ | 20,480
Accrued liabilities | ​ | ​ | 3,073
Operating lease liabilities | ​ |  | 1,205
Deferred tax liabilities | ​ |  | 7,531
Total liabilities assumed | ​ |  | 32,289
Net assets acquired | ​ | $ | 145,661
(1) | The gross contractual accounts receivable totaled $44.2 million. The fair value of accounts receivable reflects our best estimate at the acquisition date of contractual cash flows not expected to be collected.
Schedule of pro forma information | The following table summarizes the pro forma results of Helix and Alliance (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
Revenues | ​ | $ | 272,547 | ​ | $ | 228,574 | ​ | $ | 665,021 |  | $ | 591,179
Net loss | ​ |  | (18,763) | ​ |  | (8,828) | ​ |  | (81,069) |  | ​ | (29,620)

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