Acquisitions (Tables)

9 Months Ended

Sep. 30, 2023

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	$	20,312
Prepaid expenses and other current assets	120,346
Other long term assets	10,506
Goodwill	372,479
Intangibles	211,117
Accounts payable and accrued expenses	(95,180)
Other current liabilities	(139,801)
Other noncurrent liabilities	(61,442)
Aggregate purchase price	$	438,337

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

Trade and other receivables	$	13,349
Prepaid expenses and other current assets	4,006
Other long term assets	463
Goodwill	164,123
Intangibles	50,145
Accounts payable and accrued expenses	(20,273)
Other current liabilities	(4,960)
Other noncurrent liabilities	(9,281)
Aggregate purchase price	$	197,572

Summary of Preliminary 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 Name and Trademarks	2 - Indefinite	$	4,705
Proprietary Technology	5 - 10	11,646
Lodging / Supplier Network	10 - 20	1,402
Customer Relationships	5 - 20	32,392
		$	50,145