Acquisitions (Tables)

3 Months Ended

Mar. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Summary of Acquisition Accounting

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

Current assets	$	754
Long term assets	286
Goodwill	14,491
Intangibles	11,800
Current liabilities	(660)
Noncurrent liabilities	(2,926)
Aggregate purchase price	$	23,744

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

Trade and other receivables	$	178,396
Prepaid expenses and other current assets	2,555
Property, plant and equipment	254
Other long term assets	9,866
Goodwill	136,471
Intangibles	175,800
Accounts payable and accrued expenses	(31,048)
Other current liabilities	(38,866)
Deferred tax liabilities	(983)
Other noncurrent liabilities	(7,495)
Customer deposits	(3,118)
Aggregate purchase price	$	421,832

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	256,402
Intangibles	237,900
Accounts payable and accrued expenses	(39,234)
Other current liabilities	(81,430)
Customer deposits	(375,049)
Other noncurrent liabilities	(97,855)
Aggregate purchase price	$	70,092

The following table summarizes the final acquisition accounting for Roger (in thousands):

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

Summary of Preliminary 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 Name and Trademarks	2	$	100
Proprietary Technology	10	3,500
Customer Relationships	16	8,200
		$	11,800

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	$	14,500
Proprietary Technology	4	14,400
Lodging Network	20	800
Customer Relationships	15	146,100
		$	175,800

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 Names and Trademarks	2	$	5,400
Proprietary Technology	4	11,800
Banking Relationships	20	1,800
Licenses	20	2,600
Customer Relationships	10	216,300
		$	237,900

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	13	600
		$	5,400