Acquisitions (Tables)

6 Months Ended

Jun. 30, 2021

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

A summary of the cumulative consideration paid and the preliminary allocation of the purchase price paid for all of our 2021 acquisitions through June 30, 2021 is as follows:

	SIX MONTHS ENDED JUNE 30, 2021
Cash Paid (gross of cash acquired)	$	44,760
Fair Value of Noncontrolling Interest	2,567
Purchase Price Holdbacks and Other	199
Total Consideration	47,526
Fair Value of Identifiable Assets Acquired and Liabilities Assumed:
Cash	9,037
Accounts Receivable, Prepaid Expenses and Other Assets	8,487
Property, Plant and Equipment(1)	8,375
Customer Relationship Intangible Assets(2)	19,010
Operating Lease Right-of-Use Assets	40,057
Debt Assumed	(1,367)
Accounts Payable, Accrued Expenses and Other Liabilities	(6,507)
Operating Lease Liabilities	(40,057)
Deferred Income Taxes	(4,424)
Total Fair Value of Identifiable Net Assets Acquired	32,611
Goodwill Initially Recorded	$	14,915

(1)Consists primarily of leasehold improvements, racking structures, warehouse equipment and computer hardware and software.

(2)The preliminary weighted average lives of customer relationship intangible assets associated with acquisitions is 12 years.