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BUSINESS COMBINATIONS (Tables)
 9 Months Ended
Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Allocation of Purchase Price The following table summarizes the preliminary determination and recognition of assets acquired and liabilities assumed (in thousands):
At Acquisition DateMeasurement Period Adjustments
At Acquisition Date
As Reported September 30, 2022
Accounts receivable$1,079 $(3)$1,076 
Inventories and supplies5,737 79 5,816 
Prepaid expenses and other current assets269 (135)134 
Property, plant and equipment23,270 55 23,325 
Permits and other intangibles16,750 — 16,750 
Operating lease right-of-use assets585 — 585 
Other non-current assets42 (29)13 
Current liabilities(2,756)(437)(3,193)
Current portion of operating lease liabilities(186)— (186)
Operating lease liabilities, less current portion(399)— (399)
Other long-term liabilities— (55)(55)
Total identifiable net assets44,391 (525)43,866 
Goodwill29,375 5,327 34,702 
Total purchase price$73,766 $4,802 $78,568 
At Acquisition Date As Reported December 31, 2021Measurement Period Adjustments
Final Allocation At Acquisition Date
As Reported
 September 30, 2022
Accounts receivable, including unbilled receivables$131,924 $(408)$131,516 
Inventories and supplies3,162 — 3,162 
Prepaid expenses and other current assets16,016 275 16,291 
Property, plant and equipment313,540 857 314,397 
Other intangibles289,000 — 289,000 
Operating lease right-of-use assets34,347 68 34,415 
Other non-current assets1,045 (83)962 
Current liabilities(115,704)(3,150)(118,854)
Current portion of operating lease liabilities(11,659)382 (11,277)
Operating lease liabilities, less current portion(26,128)(216)(26,344)
Deferred tax liabilities(85,908)5,522 (80,386)
Other long-term liabilities(2,685)(1,485)(4,170)
Total identifiable net assets546,950 1,762 548,712 
Goodwill (i)
683,463 (6,762)676,701 
Total purchase price$1,230,413 $(5,000)$1,225,413 
_____________
(i) Goodwill represents the excess of the fair value of the net assets acquired over the purchase price. Goodwill of $676.7 million was assigned to the Environmental Sales & Service reporting unit and is attributable to the future economic benefits arising from the acquired operations, synergies and the acquired workforce of HydroChemPSC. None of the goodwill related to this acquisition will be deductible for tax purposes.
Schedule of Business Acquisition, Pro Forma Information The following unaudited supplemental pro-forma data presents consolidated information as if the acquisition had occurred on January 1, 2021 (in thousands):
Three Months Ended September 30, 2021Nine Months Ended September 30, 2021
Pro forma combined revenues$1,138,940 $3,246,249 
Pro forma combined net income68,821 170,899