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Acquisitions (Tables) | 9 Months Ended
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Sep. 30, 2021
Business Combinations [Abstract] |
Schedule of Weighted Average Assumptions | The weighted-average assumptions used to calculate the estimated fair value of the earn-out under the option pricing method were as follows:
| February 28, 2021 |  | September 30, 2021
Risk-free rate | 0.1% |  | 0.1%
Revenue discount rate | 8.3% |  | 8.3%
Revenue volatility | 27.3% |  | 19.7%
Schedule of Allocations of Purchase Price | Assets acquired and liabilities assumed as of the acquisition date are presented in the following table:
| Proficient Transport |  | J&P
| February 28, 2021 |  | May 30, 2021
Tangible assets: |  |  |
Accounts receivable | $ | 4,171 |  |  | $ | 1,942 |
Prepaid expenses and other current assets | — |  |  | 32 |
Property and equipment | 140 |  |  | 934 |
Other assets | 24 |  |  | 3 |
Total tangible assets | 4,335 |  |  | 2,911 |
Intangible assets: |  |  |
Customer relationships | 6,060 |  |  | 1,580 |
Non-compete agreements | 18 |  |  | 132 |
Goodwill | 6,249 |  |  | 3,545 |
Total intangible assets | 12,327 |  |  | 5,257 |
Total assets acquired | 16,662 |  |  | 8,168 |
Liabilities assumed: |  |  |
Current liabilities | 323 |  |  | 625 |
Total liabilities assumed | 323 |  |  | 625 |
Net assets acquired | $ | 16,339 |  |  | $ | 7,543 |
Schedule of Acquired Finite-Lived Intangible Assets | The weighted-average useful life of acquired intangible assets as of the acquisition date are summarized in the following table:
| Weighted-Average Useful Lives
| Proficient Transport |  | J&P
Customer relationships | 8 years |  | 12 years
Non-compete agreements | 1 year |  | 5 years

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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of contingent payment arrangements including the terms that will result in payment and the accounting treatment that will be followed if such contingencies occur, including the potential impact on earnings per share if contingencies are to be settled in common stock of the entity. The description also may include the period over which amounts are expected to be paid, and changes in the amount since the previous reporting period. This also includes contingent options and commitments. + References No definition available. + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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