Acquisitions (Tables)

12 Months Ended

Dec. 31, 2021

Business Combination and Asset Acquisition [Abstract]

Summary of Acquisition Accounting

The following table summarizes the preliminary acquisition accounting for ALE (in thousands):

Current assets	$	180,951
Long term assets	10,121
Goodwill	131,771
Intangibles	180,500
Current liabilities	(73,031)
Noncurrent liabilities	(8,479)
Aggregate purchase price	$	421,833

The following table summarizes the preliminary acquisition accounting for AFEX (in thousands):

Trade and other receivables	$	8,159
Prepaid expenses and other current assets	108,402
Property, plant and equipment	1,723
Other long term assets	51,074
Goodwill	254,399
Intangibles	242,300
Accounts payable and accrued expenses	(39,234)
Other current liabilities	(81,430)
Customer deposits	(375,049)
Other noncurrent liabilities	(99,614)
Aggregate purchase price	$	70,730

Accounts and other receivables	$	110
Prepaid expenses and other current assets	37
Other assets	28
Goodwill	34,359
Other intangibles	5,400
Current liabilities	(925)
Deferred income taxes	(6)
Aggregate purchase price	$	39,003

The following table summarizes the final acquisition accounting for these combined acquisitions (in thousands):

Trade and other receivables	$	4,975
Prepaid expenses and other current assets	145
Property, plant and equipment	3,178
Other long term assets	1,049
Goodwill	28,038
Intangibles	42,144
Liabilities	(1,147)
Other noncurrent liabilities	(782)
Aggregate purchase price	$	77,600

Summary of Final Estimated Fair Value of Intangible Assets Acquired and the Related Estimated Useful Lives

The estimated preliminary fair value of intangible assets acquired and the related estimated useful lives consisted of the following (in thousands):

	Useful Lives (in Years)	Value
Trade Names and Trademarks	Indefinite	$	18,800
Proprietary Technology	4	14,400
Lodging Network	20	700
Customer Relationships	15	146,600
		$	180,500

The estimated preliminary fair value of intangible assets acquired and the related estimated useful lives consisted of the following (in thousands):

	Useful Lives (in Years)	Value
Trade Names and Trademarks	2	$	5,400
Proprietary Technology	4	11,800
Banking Relationships	20	1,800
Licenses	20	2,600
Customer Relationships	10	220,700
		$	242,300

The estimated fair value of intangible assets acquired and the related estimated useful lives consisted of the following (in thousands):

	Useful Lives (in Years)	Value
Proprietary Technology	10	$	4,800
Customer Relationships	9	600
		$	5,400

The estimated fair value of intangible assets acquired and the related estimated useful lives consisted of the following (in thousands):

	Useful Lives (in Years)	Value
Trade Name and Trademarks	5 - Indefinite	$	2,161
Licensed Software and Technology	10	4,400
Proprietary Technology	5	8,400
Supplier Network	10	783
Customer Relationships	9 - 16	26,400
		$	42,144