Acquisitions and Equity Method Investments (Tables)

12 Months Ended

Dec. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Summary of Acquisition Accounting

The following table summarizes the preliminary acquisition accounting, in aggregate, for the business acquisitions noted above (in thousands):

Trade and other receivables	$	15,140
Prepaid expenses and other current assets	4,236
Other long term assets	1,192
Goodwill	159,171
Intangibles	50,730
Accounts payable and accrued expenses	(18,467)
Other current liabilities	(4,960)
Other noncurrent liabilities	(9,470)
Aggregate purchase price	$	197,572

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

Trade and other receivables	$	178,396
Prepaid expenses and other current assets	2,555
Other long term assets	10,121
Goodwill	136,471
Intangibles	175,800
Accounts payable and accrued expenses	(31,048)
Other current liabilities	(38,866)
Other noncurrent liabilities	(11,596)
Aggregate purchase price	$	421,833

The following table summarizes the final 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	257,332
Intangibles	237,900
Accounts payable and accrued expenses	(40,164)
Other current liabilities	(81,430)
Customer deposits	(375,049)
Other noncurrent liabilities	(97,855)
Aggregate purchase price	$	70,092

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

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 - Indefinite	$	4,786
Proprietary Technology	5 - 10	12,375
Lodging / Supplier Network	10	817
Customer Relationships	5 - 20	32,752
		$	50,730

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	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