XML 61 R26.htm IDEA: XBRL DOCUMENT v3.20.1
Acquisitions and Disposals (Tables)
12 Months Ended
Dec. 31, 2019
Business Combinations And Disposals [Abstract]  
Schedule of recognized identified assets acquired and liabilities assumed
Preliminary or final amounts recognized for each major class of assets acquired and liabilities assumed for acquisitions completed during the years ended December 31, 2019 and 2018, including post acquisition date adjustments, are as follows (in millions):
 
 
2019
 
2018
 
 
 
 
 
Cash consideration (1)
 
$
26.7

 
$
106.4

Fair value of non-controlling interests
 
8.3

 
63.8

Aggregate acquisition date fair value
 
$
35.0

 
$
170.2

Net assets acquired:
 
 
 
 
Current Assets
 
$
5.4

 
$
12.6

Property and equipment
 
1.8

 
5.3

Intangible assets
 

 
0.4

Goodwill
 
22.6

 
155.9

Other long-term assets (2)
 
37.7

 
6.6

Current liabilities
 
(4.1
)
 
(6.5
)
Long-term debt
 
(0.2
)
 

Long-term liabilities
 
(28.2
)
 
(4.1
)
Aggregate acquisition date fair value
 
$
35.0

 
$
170.2


(1)
In connection with the clinic acquisition in 2019, the Company acquired the remaining non-controlling interests in one of its existing consolidated surgical facilities. As such, $6.3 million of the cash consideration for the clinic acquisition was classified as a financing activity and presented in payments related to ownership transactions with non-controlling interest holders in the Consolidated Statements of Cash Flows.
(2)
The assets acquired in 2019 includes the fair value of a non-controlling investment held by the acquired clinic in one of the Company's consolidated surgical facilities of $8.8 million. This investment asset was subsequently eliminated in consolidation.