Acquisitions and Equity Method Investments (Tables)

12 Months Ended

Dec. 31, 2023

Business Combination and Asset Acquisition [Abstract]

Summary of Acquisition Accounting

The following table summarizes the preliminary acquisition accounting, in aggregate, for the 2023 business acquisitions noted above (in thousands):

Trade and other receivables	$	6,004
Prepaid expenses and other current assets	46,472
Other long term assets	13,302
Goodwill	382,793
Intangibles	158,689
Accounts payable	(23,789)
Other current liabilities	(129,603)
Other noncurrent liabilities	(18,923)
Aggregate purchase price	$	434,945

The following table summarizes the final acquisition accounting, in aggregate, for the 2022 business acquisitions noted above (in thousands):

Trade and other receivables	$	13,349
Prepaid expenses and other current assets	4,006
Other long term assets	468
Goodwill	163,938
Intangibles	50,145
Accounts payable	(20,542)
Other current liabilities	(4,960)
Other noncurrent liabilities	(9,191)
Aggregate purchase price	$	197,213

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 to Indefinite	$	12,459
Proprietary Technology	5 to 7	11,885
Customer Relationships	6 to 20	134,345
		$	158,689

The 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 to Indefinite	$	4,705
Proprietary Technology	5 to 10	11,646
Lodging / Supplier Network	10 to 20	1,402
Customer Relationships	5 to 20	32,392
		$	50,145