Acquisitions and Dispositions (Tables)

6 Months Ended

Jun. 30, 2022

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition

The preliminary purchase price allocation is as follows:

	Amount
Cash and cash equivalents	$	2,771
Accounts receivable	7,638
Other current assets	1,634
Fixed assets	2,338
Intangible assets	12,410
Other assets	1,416
Accounts payable	(6,855)
Accruals and other liabilities	(4,896)
Advance billings	(1,095)
Other liabilities	(3,448)
Net assets assumed	11,913
Goodwill	25,552
Purchase price consideration	$	37,465

The preliminary purchase price allocation is as follows:

	Amount
Accounts receivable	$	582
Other current assets	54
Intangible assets	9,290
Other assets	2,800
Accounts payable	(379)
Other liabilities	(270)
Noncontrolling interests	(2,667)
Net assets assumed	9,410
Goodwill	10,503
Purchase price consideration	$	19,913

The preliminary purchase price allocation is as follows:

	Amount
Cash and cash equivalents	$	130,153
Accounts receivable	413,839
Other current assets	44,198
Fixed assets	80,047
Right-of-use lease assets - operating leases	252,739
Intangible assets	810,900
Other assets	18,418
Accounts payable	(171,019)
Accruals and other liabilities	(307,281)
Advance billings	(211,403)
Current portion of lease liabilities	(48,517)
Current portion of deferred acquisition consideration	(53,054)
Long-term debt	(901,736)
Revolving credit facility	(109,954)
Long-term portion of deferred acquisition consideration	(8,056)
Long-term portion of lease liabilities	(289,128)
Other liabilities	(132,394)
Redeemable noncontrolling interests	(25,990)
Preferred shares	(209,980)
Noncontrolling interests	(151,090)
Net liabilities assumed	(869,308)
Goodwill	1,298,370
Purchase price consideration	$	429,062

The preliminary purchase price allocation is as follows:

	Amount
Cash and cash equivalents	$	30,985
Accounts receivable	28,685
Other current assets	3,207
Fixed assets	237
Right-of-use lease assets - operating leases	2,060
Intangible assets	14,974
Other assets	55
Accounts payable	(6,344)
Accruals and other liabilities	(27,353)
Advance billings	(15,956)
Current portion of lease liabilities	(857)
Income taxes payable	(967)
Long-term portion of lease liabilities	(3,744)
Other liabilities	(1,204)
Net assets assumed	23,778
Goodwill	4,275
Purchase price consideration	$	28,053

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The following table presents the details of identifiable intangible assets acquired.

	Estimated Fair Value		Estimated Useful Life in Years
Trade Names	$	5,930	10
Customer Relationships	5,390		11
Other	1,090		7
Total Acquired Intangible Assets	$	12,410

The following table presents the details of identifiable intangible assets acquired.

	Estimated Fair Value		Estimated Useful Life in Years
Trade Names	$	6,283	10
Customer Relationships	3,007		10
Total Acquired Intangible Assets	$	9,290

The following table presents the details of identifiable intangible assets acquired.

	Estimated Fair Value		Estimated Useful Life in Years
Trade Names	$	98,000	10
Customer Relationships	712,900		6-15
Total Acquired Intangible Assets	$	810,900

The following table presents the details of identifiable intangible assets acquired.

	Estimated Fair Value		Estimated Useful Life in Years
Trade Names	$	1,349	15
Customer Relationships	13,625		10
Total Acquired Intangible Assets	$	14,974

Business Acquisition, Pro Forma Information

The pro forma information is presented for informational purposes only and is not necessarily indicative of the results of operations that actually would have been achieved had the acquisitions been consummated as of that time.

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Revenue	$	675,414	$	217,590	$	1,326,042	$	405,071
Net Income	24,520		19,202		57,396		23,464

The pro forma information is presented for informational purposes only and is not necessarily indicative of the results of operations that actually would have been achieved had the acquisitions been consummated as of that time.

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Revenue	$	674,737	$	212,378	$	1,319,646	$	398,671
Net Income	25,153		19,391		59,494		26,029

The unaudited pro forma information for the periods set forth below gives effect to the acquisition as if it occurred as of January 1, 2021. The pro forma information is presented for informational purposes only and is not necessarily indicative of the results of operations that actually would have been achieved had the acquisitions been consummated as of that time.

	Three Months Ended June 30, 2021		Six Months Ended June 30, 2021
Revenue	$	555,165	$	1,043,992
Net Income	32,996		47,100

The pro forma information is presented for informational purposes only and is not necessarily indicative of the results of operations that actually would have been achieved had the acquisitions been consummated as of that time.

	Three Months Ended June 30, 2021		Six Months Ended June 30, 2021
Revenue	$	215,358	$	400,786
Net Income	20,426		25,537