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Acquisition (Tables) | 9 Months Ended
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Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table presents the preliminary estimated fair value of the assets acquired and liabilities assumed recognized as of the Acquisition Date. The fair value and useful lives of tangible and intangible assets acquired have been estimated based on various valuation methods, including the income and cost approach, using several significant unobservable inputs including, but not limited to projected cash flows and a discount rate. These inputs are considered Level 3 inputs. The allocation of purchase price to assets and liabilities acquired is not yet complete, as valuations of tangible and intangible assets and liabilities are still in process. The updated preliminary purchase price allocation resulted in an approximate $8.3 million reduction in intangible amortization expense during the three months ended September 30, 2022 that would have been recognized in previous periods if the adjustment to provisional amounts were recognized as of the Acquisition Date. This reduction resulted from a reallocation of intangible assets value to those with longer useful lives as compared to the purchase price allocation originally estimated as of the Acquisition Date.
| Preliminary Fair Value Originally Estimated as of Acquisition Date(1) |  | Differences Between Prior and the Current Periods Preliminary Fair Value Estimate |  | Preliminary Fair Value Currently Estimated as of Acquisition Date
Assets acquired: |  |  |  |  |
Current assets | $ | 142,136 |  |  | $ | (1,968) |  |  | $ | 140,168 |
Goodwill | 1,267,079 |  |  | (17,601) |  |  | 1,249,478 |
Intangible assets | 295,466 |  |  | 17,334 |  |  | 312,800 |
Other non-current assets | 371,320 |  |  | (11,149) |  |  | 360,171 |
Total assets | $ | 2,076,001 |  |  | $ | (13,384) |  |  | $ | 2,062,617 |
Liabilities assumed: |  |  |  |  |
Current liabilities | $ | 241,266 |  |  | $ | 5,012 |  |  | $ | 246,278 |
Noncurrent liabilities | 150,128 |  |  | (18,396) |  |  | 131,732 |
Total liabilities | 391,394 |  |  | (13,384) |  |  | 378,010 |
Fair value of net assets acquired, net of cash | $ | 1,684,607 |  |  | $ | — |  |  | $ | 1,684,607 |
(1) As previously reported in our first quarter 2022 Form 10-Q.
Schedule of Pro Forma | The following table provides pro forma results of net revenue and net (loss) income for the three and nine months ended September 30, 2022 and 2021 as if Apria was acquired on January 1, 2021. The pro forma results below are not necessarily indicative of the results that would have been if the acquisition had occurred on the dates indicated, nor are the pro forma results indicative of results which may occur in the future.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Net revenue | $ | 2,497,401 |  |  | $ | 2,789,372 |  |  | $ | 7,681,481 |  |  | $ | 8,166,919 |
Net income (loss) | $ | 12,497 |  |  | $ | 66,935 |  |  | $ | (39,696) |  |  | $ | 227,540 |

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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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