Acquisitions (Tables)

6 Months Ended

Jun. 30, 2021

Business Combinations [Abstract]

Reconciliation of Changes in Redeemable Noncontrolling Interests

The table below presents the reconciliation of changes in redeemable noncontrolling interests (unaudited; in thousands):

	Six-Month Period Ended June 30,
	2021		2020
Beginning balance	$	33,285	$	-
Net income (loss) attributable to redeemable noncontrolling interest		4,185		-
Ending balance	$	37,470	$	-

Summary of Purchase Price Allocation

The following is a summary of the purchase price allocation (unaudited; in millions):

Cash	$	8.7
Accounts receivable		50.5
Other assets		6.2
Intangible assets subject to amortization		41.7
Goodwill		12.3
Current liabilities		(48.1	)
Deferred tax		(10.6	)
Redeemable noncontrolling interest		(30.8	)

Schedule of Unaudited Pro Forma Information

The following unaudited pro forma information has been prepared to give effect to the Company’s acquisition of a majority interest in Cisneros Interactive as if the acquisition had occurred on January 1, 2020. This pro forma information does not purport to represent what the actual results of operations of the Company would have been had this acquisition occurred on such date, nor does it purport to predict the results of operations for any future periods.

	Three-Month Period			Six-Month Period
	Ended June 30,			Ended June 30,
	2020			2020
Pro Forma:
Total revenue	$	87,152		$	191,620
Net income (loss)		3,848			(30,500	)
Net (income) loss attributable to redeemable noncontrolling interest		(723	)		(1,333	)
Net income (loss) attributable to common stockholders	$	3,125		$	(31,833	)
Basic and diluted earnings per share:
Net income (loss) per share, attributable to common stockholders, basic and diluted	$	0.04		$	(0.38	)
Weighted average common shares outstanding, basic		84,123,530			84,220,649
Weighted average common shares outstanding, diluted		84,669,250			84,220,649