Acquisitions (Tables)

6 Months Ended

Jun. 30, 2022

Business Combination and Asset Acquisition [Abstract]

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

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

(in thousands)
Cash paid, net of cash acquired	$	12,490
Issuance of Seller Notes at fair value	4,195
Additional consideration	36
Aggregate purchase price	16,721
Accounts receivable	697
Inventories	865
Customer relationships (Weighted average useful life of 5.0 years)	2,270
Non-compete agreements (Weighted average useful life of 5.0 years)	243
Other assets and liabilities, net	(418)
Net assets acquired	3,657
Goodwill	$	13,064

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