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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2022
Business Combination, Description [Abstract]  
Schedule of Business Acquisition
The following table summarizes the aggregate preliminary consideration paid and issued for Firebird and Phoenix (in thousands):

Cash$35,793 
Value of AE common shares issued1,364 
Contingent consideration arrangement2,566 
Fair value of total consideration transferred$39,723 
The following table presents the preliminary purchase price allocation to estimated fair values of the identifiable assets acquired and liabilities assumed at the acquisition date of August 12, 2022 (in thousands):

Assets acquired:
Cash and cash equivalents$2,203 
Accounts receivable 4,921 
Inventory643 
Other current assets137 
Property and equipment24,709 
Intangible assets7,734 
Goodwill5,755 
Other assets457 
Total assets acquired$46,559 
Liabilities assumed:
Accounts payable and other accrued liabilities$(1,945)
Deferred tax liabilities(4,891)
Total liabilities assumed$(6,836)
Net assets acquired$39,723 
Schedule of Acquisition, Pro Forma Information This unaudited pro forma financial information should not be relied upon as being indicative of the historical results that would have been obtained if the acquisition had actually occurred on January 1, 2021, nor of the results of operations that may be obtained in the future (in thousands).
Three Months EndedNine Months Ended
September 30,September 30,
2022202120222021
Revenues$860,771 $581,334 $2,663,447 $1,417,475 
Net earnings2,295 2,056 12,867 10,430 
Basic net earnings per common share$0.52 $0.48 $2.93 $2.44 
Diluted net earnings per common share$0.52 $0.48 $2.91 $2.43