Acquisitions (Tables)

3 Months Ended

Mar. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of aggregate purchase price of acquisitions allocated on a preliminary basis

The aggregate purchase price of this acquisition was allocated on a preliminary basis as follows:

(in thousands)
Cash paid, net of cash acquired	$	4,001
Issuance of Seller Notes at fair value	981
Aggregate purchase price	4,982
Accounts receivable	310
Inventories	85
Customer relationships (Weighted average useful life of 5.0 years)	500
Non-compete agreements (Weighted average useful life of 5.0 years)	243
Other assets and liabilities, net	(103)
Net assets acquired	1,035
Goodwill	$	3,947

The aggregate purchase price of these acquisitions was allocated on a preliminary basis as follows:

(in thousands)
Cash paid, net of cash acquired	$	79,927
Issuance of Seller Notes at fair value	22,706
Additional consideration, net	1,925
Aggregate purchase price	104,558
Accounts receivable	6,569
Inventories	4,683
Customer relationships (Weighted average useful life of 5.0 years)	11,745
Non-compete agreements (Weighted average useful life of 5.0 years)	558
Other assets and liabilities, net	(5,121)
Net assets acquired	18,434
Goodwill	$	86,124