XML 65 R44.htm IDEA: XBRL DOCUMENT v3.24.0.1
BUSINESS ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Purchase Price Allocation and Consideration Transferred and Estimated Fair Values of Assets Acquired and Liabilities Assumed
In aggregate, the acquisition-date fair value of the consideration transferred for the three businesses acquired in 2023 totaled $13.4 million, which consisted of the following:

Purchase Price Consideration (in millions)Total Consideration
Cash payments$10.7 
Contingent consideration2.7 
Total consideration$13.4 
Schedule of Estimated Fair Value of Assets Acquired and Liabilities Assumed
The following tables summarize the estimated fair values of the assets acquired and liabilities assumed at the acquisition date for the 2023 acquisitions, as well as the fair value of the consideration transferred:

Amount Recognized as of Acquisition Date
Cash$353 
Accounts receivable2,335 
Inventory355 
Other current assets178 
Non-compete agreements628 
Customer relationships1,899 
Property and equipment41 
Operating lease ROU asset256 
Other assets
Assets acquired6,052 
Short-term operating lease liability(106)
Current liabilities assumed(1,442)
Long-term operating lease liability (150)
Deferred tax liability(679)
Long-term liabilities assumed(24)
Net assets acquired3,651 
Total Consideration13,419 
Goodwill$9,768