XML 39 R25.htm IDEA: XBRL DOCUMENT v3.24.3
ACQUISITIONS (Tables)
 9 Months Ended
Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Assets Acquired and Liabilities Assumed Recorded at the Date of Acquisition The aggregate preliminary values of major classes of assets acquired and liabilities assumed recorded at the dates of acquisition are included in the reconciliation of the total preliminary consideration as follows (in thousands):
September 30, 2024
Cash$1,061 
Accounts receivable2,819 
Materials and supplies721 
Other current assets246 
Equipment and property5,961 
Goodwill61,689 
Customer contracts46,923 
Trademarks & tradenames1,612 
Other intangible assets1,685 
Current liabilities(715)
Unearned revenue(353)
Other assets and liabilities, net(1,771)
Assets acquired and liabilities assumed$119,878 
The values of identified assets acquired and liabilities assumed were finalized as of March 31, 2024 and are summarized in the table below (in thousands).
Final Fair Value
Cash$4,560 
Accounts receivable1,542 
Materials and supplies431 
Operating lease right-of-use assets8,689 
Other current assets487 
Goodwill188,176 
Customer contracts118,000 
Trademarks & tradenames38,000 
Current liabilities(5,538)
Unearned revenue(6,144)
Operating lease liabilities(8,689)
Assets acquired and liabilities assumed$339,514 
Schedule of Business Acquisition, Pro Forma Information
The following table presents unaudited consolidated pro forma information as if the acquisition of Fox had occurred on January 1, 2022. The information presented below is for illustrative purposes only and is not necessarily indicative of results that would have been achieved if the acquisition had actually occurred as of the beginning of such years or results which may be achieved in the future.
(in thousands)Three Months Ended September 30, 2023Nine Months Ended September 30, 2023
Revenues$840,427 $2,348,100 
Net income126,294 314,279