Business Acquisitions (Tables)

3 Months Ended

Mar. 31, 2022

Business Acquisition [Line Items]

Summary of Supplemental Unaudited Pro-Forma Information

The unaudited condensed consolidated financial information summarized in the following table gives effect to the 2022 and the 2021 acquisitions discussed above assuming they occurred on January 1, 2021. These unaudited consolidated pro forma operating results do not assume any impact from revenue, cost or other operating synergies that are expected or may have been realized as a result of the acquisitions. These unaudited consolidated pro forma operating results are presented for illustrative purposes only and are not indicative of the operating results that would have been achieved had the acquisitions occurred on January 1, 2021, nor does the information purport to reflect results for any future period.

	For the Three Months Ended March 31,
	2022								2021
	As reported			Acquisitions Pro-Forma (Unaudited)		Consolidated Pro-Forma (Unaudited)			As reported			Acquisitions Pro-Forma (Unaudited)		Consolidated Pro-Forma (Unaudited)
Revenues	$	134,680		$	1,395	$	136,075		$	133,817		$	11,848	$	145,665
Net (loss) income		(7,536	)		194		(7,342	)		(12,931	)		1,984		(10,947	)

MSE Group, Vista, EI, Sensible, ECI, Horizon

Business Acquisition [Line Items]

Summary of Elements of Purchase Price of Acquisitions

The following table summarizes the elements of the purchase price of the acquisitions completed during the year ended December 31, 2021:

	Cash		Common Stock		Other Purchase Price Components Current			Contingent Consideration Current		Contingent Consideration Long Term		Total Purchase Price
MSE	$	9,082	$	2,271	$	10,701		$	1,551	$	253	$	23,858
EI		20,721		2,274		(63	)		—		—		22,932
All other 2021 acquisitions		29,683		3,775		1,618			1,250		4,350		40,676
Total	$	59,486	$	8,320	$	12,256		$	2,801	$	4,603	$	87,466

Summary of Purchase Price Attributable to Acquisitions

The purchase price attributable to the acquisitions was allocated as follows:

	MSE		EI		All other acquisitions		Total
Cash	$	2,810	$	250	$	694	$	3,754
Accounts receivable		2,980		4,675		3,714		11,369
Other current assets		31		84		289		404
Current assets		5,821		5,009		4,697		15,527
Property and equipment		513		32		1,168		1,713
Operating lease right-of-use asset—net		740		106		2,233		3,079
Customer relationships		8,720		10,073		12,830		31,623
Trade names		521		996		1,958		3,475
Covenants not to compete		922		511		1,248		2,681
Acquired Technology		—		—		321		321
Goodwill		8,176		8,960		20,377		37,513
Total assets		25,413		25,687		44,832		95,932
Current liabilities		1,007		2,719		2,351		6,077
Operating lease liability—net of    current portion		548		36		1,805		2,389
Total liabilities		1,555		2,755		4,156		8,466
Purchase price	$	23,858	$	22,932	$	40,676	$	87,466

Weighted Average Useful Lives for Acquired Identifiable Intangible Assets

The weighted average useful lives for the acquired companies’ identifiable intangible assets are as follows:

	Customer Relationships	Tradenames	Covenants Not to Compete	Developed Technology
MSE	2-7	2	5	n/a
EI	10	5	5	n/a
All other 2021 acquisitions	10	n/a-3	n/a-5	n/a-5

EnvStd and IAG

Business Acquisition [Line Items]

Summary of Elements of Purchase Price of Acquisitions

The following table summarizes the elements of the purchase price of the acquisitions completed during the three months ended March 31, 2022:

	Cash		Common Stock		Other Purchase Price Components Current		Other Purchase Price Components Long Term		Contingent Consideration Current		Contingent Consideration Long Term		Total Purchase Price
EnvStd	$	14,473	$	—	$	38	$	—	$	—	$	1,166	$	15,677
IAG		150		—		—		—		—		50		200
Total	$	14,623	$	—	$	38	$	—	$	—	$	1,216	$	15,877

Summary of Purchase Price Attributable to Acquisitions

The preliminary purchase price attributable to the acquisitions was allocated as follows:

	EnvStd		IAG		Total
Cash	$	295	$	—	$	295
Accounts receivable and contract assets		4,876		—		4,876
Other current assets		456		—		456
Current assets		5,627		—		5,627
Property and equipment		168		—		168
Operating lease right-of-use asset—net		2,895		—		2,895
Customer relationships		5,807		—		5,807
Trade names		1,010		—		1,010
Covenants not to compete		269		50		319
Goodwill		3,874		150		4,024
Total assets		19,650		200		19,850
Current liabilities		1,645		—		1,645
Operating lease liability—net of    current portion		2,328		—		2,328
Total liabilities		3,973		—		3,973
Purchase price	$	15,677	$	200	$	15,877

Weighted Average Useful Lives for Acquired Identifiable Intangible Assets

The weighted average useful lives for the acquired companies’ identifiable intangible assets are as follows:

	Customer Relationships	Tradenames	Covenants Not to Compete
EnvStd	15	5	5
IAG	n/a	n/a	3