Acquisitions (Tables)

3 Months Ended

Mar. 31, 2017

The following unaudited pro forma information illustrates the impact of 2016 acquisitions on the Company’s revenue and earnings from operations for the three months ended March 31, 2017 and 2016, respectively. In 2016, the Company acquired six businesses in separate transactions for total net consideration of $1,562 million. During the measurement period, we recorded working capital adjustments which resulted in final net cash consideration of $1,559 million.

The pro forma information assumes that the 2016 acquisitions had taken place at the beginning of the prior year. Pro forma earnings are also adjusted to reflect the comparable impact of additional depreciation and amortization expense, net of tax, resulting from the fair value measurement of tangible and intangible assets relating to the year of acquisition.

The proforma effects for the three months ended March 31, 2017 and 2016 were as follows:



	Three Months Ended March 31,
	2017		2016
Revenue:
As reported	$	1,813,372	$	1,622,273
Pro forma	1,813,372		1,820,228
Earnings:
As reported	$	172,247	$	99,356
Pro forma	172,247		110,690
Basic earnings per share:
As reported	$	1.11	$	0.64
Pro forma	1.11		0.71
Diluted earnings per share:
As reported	$	1.09	$	0.64
Pro forma	1.09		0.71