Acquisition of Business (Tables)

12 Months Ended

Dec. 31, 2020

Business Combination, Segment Allocation [Table Text Block]

Based on the valuations, the following table summarizes estimated fair values of the assets acquired and liabilities assumed (in thousands) for the consideration paid:


Cash	$	4,693
Accounts receivable	63,041
Other current assets	8,366
Other assets	7,836
Intangibles	140,000
Goodwill	353,466
Property and equipment	328,869
Current liabilities	(32,646)
Customer deposits	(5,950)
Net assets acquired	$	867,675

Business Acquisition, Pro Forma Information [Table Text Block]

The following table provides unaudited pro forma financial results (in thousands) for the Company after giving effect to the acquisition of Omni and adjustments described below. This information is based on adjustments to the historical consolidated financial statements of Omni using the purchase method of accounting for business combinations as if the acquisition had taken place on January 1, 2017. The unaudited pro forma adjustments do not include any of the cost savings and other synergies which may result from the acquisition. These unaudited pro forma financial results are based on assumptions considered appropriate by management and include all material adjustments as considered necessary. These unaudited pro forma results have been prepared for comparative purposes only and do not purport to be indicative of results that would have actually been reported as of the date or for the year presented had the acquisition taken place on such date or at the beginning of the year indicated, or to project the Company’s financial position or results of operations which may be reported in the future (in thousands).


						Year Ended December 31,
						2018
Pro forma revenues						1,320,234

Pro forma net earnings from continuing operations						88,454