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Subsequent Events (Tables)
9 Months Ended
Sep. 30, 2021
Subsequent Event [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

 

EI and SL  
Subsequent Event [Line Items]  
Summary of Elements of Purchase Price of Acquisitions

These transactions qualified as an acquisition of a business and will be accounted for as a business combination. The following table summarizes the elements of the purchase price of these acquisitions:

 

 

 

 

 

 

 

 

 

 

 

 

Other Purchase

 

 

Total

 

 

 

Cash (1)

 

 

Common Stock (2)

 

 

Price Component (3)

 

 

Purchase Price

 

ECI

 

$

4,000

 

 

 

 

 

 

 

 

$

4,000

 

Horizon

 

 

10,580

 

 

 

2,300

 

 

 

 

 

 

12,880

 

 

 

(1)

The cash portion of these acquisitions’ purchase price was funded through cash on hand.

 

(2)

The common stock component of Horizon was paid through the issuance of 34,921 shares of common stock.

 

(3)

The other purchase price components for ECI consist of a potential working capital target payment and a potential earnout amount, which are not finalized at this time. The other purchase price component of Horizon consists of a potential working capital target payment, which is not finalized at this time.