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Business Acquisitions (Tables)
 6 Months Ended
Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]  
Allocation of Aggregate Purchase Price
The following table summarizes the preliminary allocation of the purchase consideration for all acquisitions as of June 30, 2022 (in thousands):

Assets and Liabilities2022 Acquisitions
Accounts receivable$6,703 
Prepaid expenses and other current assets897 
Property and equipment370 
Trade names11,902 
Customer relationship22,170 
Goodwill81,725 
Other intangibles16,830 
Other long-term assets11 
Accounts payable and accrued expenses(3,383)
Deferred revenue(19,274)
Deferred tax liability(10,485)
Other long-term liabilities(326)
 Total$107,140 
The following table summarizes the allocation of the purchase consideration for all acquisitions as of June 30, 2021, including individually material acquisitions noted separately (in thousands):
Assets and LiabilitiesValuation
Accounts receivable$3,278 
Prepaid expenses and other current assets2,512 
Property and equipment 1,838 
Operating lease right-of-use assets, noncurrent5,888 
Trade names10,007 
Customer relationship 5,000 
Goodwill 55,439
Other intangibles 29,237 
Other long-term assets 62 
Deferred tax asset231 
Accounts payable and accrued expenses(2,656)
Deferred revenue(7,048)
Operating lease liabilities, current (7,191)
Other current liabilities(14)
Deferred tax liability(4,122)
Other long-term liabilities(1,491)
Total$90,970 
The following table summarizes the allocation of the purchase consideration for the SEOmoz acquisition (in thousands):
Assets and LiabilitiesValuation
Accounts receivable$3,278 
Prepaid expenses and other current assets 2,512 
Property and equipment 1,838 
Operating lease right of use asset5,888 
Trade names 7,200 
Customer relationships 5,000 
Goodwill 41,192 
Other intangibles21,607 
Other long-term assets62 
Intercompany235 
Accounts payables and accrued expenses(2,656)
Other current liabilities(14)
Deferred revenue(7,048)
Operating lease liabilities, current(7,191)
Deferred tax liability(4,122)
Other long-term liabilities(785)
           Total$66,996 
Pro Forma Financial Information
The supplemental information on an unaudited pro forma financial basis presents the combined results of the Company and its 2022 acquisitions as if each acquisition had occurred on January 1, 2021 (in thousands, except per share amounts):
 Three Months Ended June 30,Six Months Ended June 30,
 2022202120222021
 (unaudited)(unaudited)(unaudited)(unaudited)
Revenues$343,275 $353,283 $668,309 $676,929 
Net (loss) income from continuing operations$(46,300)$(22,941)$(21,543)$15,778 
(Loss) income per common share from continuing operations - Basic$(0.99)$(0.51)$(0.46)$0.35 
(Loss) income per common share from continuing operations - Diluted$(0.99)$(0.51)$(0.46)$0.33 
The supplemental information on an unaudited pro forma financial basis presents the combined results of the Company and its acquisitions during the three months and six months ended as June 30, 2021 as if each acquisition had occurred on January 1, 2020 (in thousands, except per share amounts):
 Three Months Ended June 30, 2021Six Months Ended June 30, 2021
 (unaudited)(unaudited)
Revenues$351,172 $680,194 
Net (loss) income from continuing operations$(22,156)$19,456 
(Loss) income per common share from continuing operations - Basic$(0.50)$0.44 
(Loss) income per common share from continuing operations - Diluted$(0.50)$0.41 
The supplemental information on an unaudited pro forma financial basis presents the combined results of the Company and SEOmoz as if the acquisition had occurred on January 1, 2020 (in thousands, except per share amounts):
 Three Months Ended June 30, 2021Six Months Ended June 30, 2021
 (unaudited)(unaudited)
Revenues$349,473 $673,401 
Net (loss) income from continuing operations$(22,247)$18,767 
(Loss) income per common share from continuing operations - Basic$(0.50)$0.42 
(Loss) income per common share from continuing operations - Diluted$(0.50)$0.40