Business Acquisitions (Tables)

9 Months Ended

Sep. 30, 2021

Business Acquisition [Line Items]

Summary of Elements of Purchase Price of Acquisitions

The following table summarizes the elements of purchase price of the acquisitions completed during the year ended December 31, 2020:

	Cash		Common Stock		Other Purchase Price Components Current			Other Purchase Price Components Long Term		Contingent Consideration Current		Contingent Consideration Long Term		Total Purchase Price
CTEH	$	175,000	$	25,000	$	(1,939	)	$	—	$	34,451	$	10,543	$	243,055
Other acquisitions		450		—		50			100		210		—		810
Total	$	175,450	$	25,000	$	(1,889	)	$	100	$	34,661	$	10,543	$	243,865

Summary of Purchase Price Attributable to Acquisitions

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

	CTEH		Other 2020 Acquisitions		Total
Cash	$	1,527	$	—	$	1,527
Accounts receivable		17,059		—		17,059
Other current assets		1,265		—		1,265
Current assets		19,851		—		19,851
Property and equipment		7,042		75		7,117
Customer relationships		56,000		—		56,000
Trade names		4,200		—		4,200
Covenants not to compete		4,000		109		4,109
Proprietary software		14,700		—		14,700
Goodwill		146,983		626		147,609
Total assets		252,776		810		253,586
Current liabilities		9,721		—		9,721
Total liabilities		9,721		—		9,721
Purchase price	$	243,055	$	810	$	243,865

Summary of Supplemental Unaudited Pro-Forma Information

The unaudited condensed consolidated financial information summarized in the following table gives effect to the 2021 and the 2020 acquisitions discussed above assuming they occurred on January 1, 2020. 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, 2020, nor does the information purport to reflect results for any future period.

	For the Three Months Ended September 30,
	2021								2020
	As reported			Acquisitions Pro-Forma (Unaudited)		Consolidated Pro-Forma (Unaudited)			As reported			Acquisitions Pro-Forma (Unaudited)		Consolidated Pro-Forma (Unaudited)
Revenues	$	132,578		$	—	$	132,578		$	84,705		$	5,064	$	89,769
Net (loss) income		2,226			—		2,226			(30,737	)		628		(30,109	)
	For the Nine Months Ended September 30,
	2021								2020
	As reported			Acquisitions Pro-Forma (Unaudited)		Consolidated Pro-Forma (Unaudited)			As reported			Acquisitions Pro-Forma (Unaudited)		Consolidated Pro-Forma (Unaudited)
Revenues	$	402,619		$	12,454	$	415,073		$	219,502		$	61,583	$	281,085
Net (loss) income		(23,853	)		2,205		(21,648	)		(58,761	)		15,847		(42,914	)

MSE Group and Vista

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 nine months ended September 30, 2021:

	Cash		Common Stock		Other Purchase Price Components Current		Contingent Consideration Current		Contingent Consideration Long Term		Total Purchase Price
MSE	$	9,082	$	2,271	$	10,280	$	—	$	1,804	$	23,437
Vista		9,025		475		172		—		1,000		10,672
EI		15,397		2,274		5,324		—		—		22,995
Sensible		6,500		1,000		52		1,000		3,200		11,752
Total	$	40,004	$	6,020	$	15,828	$	1,000	$	6,004	$	68,856

Summary of Purchase Price Attributable to Acquisitions

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

	MSE			EI			All other acquisitions			Total
Cash	$	2,810		$	250		$	464		$	3,524
Accounts receivable		2,987			4,564			1,078			8,629
Other current assets		31			84			267			382
Current assets		5,828			4,898			1,809			12,535
Property and equipment		513			32			978			1,523
Customer relationships		8,720			10,265			5,336			24,321
Trade names		521			996			1,323			2,840
Covenants not to compete		922			511			248			1,681
Acquired Technology		—			—			321			321
Goodwill		7,747			8,944			12,879			29,570
Total assets		24,251			25,646			22,894			72,791
Current liabilities		(814	)		(2,651	)		(470	)		(3,935	)
Total liabilities		(814	)		(2,651	)		(470	)		(3,935	)
Purchase price	$	23,437		$	22,995		$	22,424		$	68,856