Business Combinations (Tables)

3 Months Ended

Mar. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Aggregated Consideration And Preliminary Purchase Price Allocation

The following table summarizes the consideration and preliminary purchase price allocation for the acquisitions completed during the three months ended March 31, 2022 and 2021, respectively (in thousands):

	2022		2021
Cash paid	72,469		1,900
Recorded contingent consideration	64,648		1,622
Total recorded purchase price	$	137,117	$	3,522
Accounts receivable acquired	18,230		—
Fixed assets acquired	1,793		—
Identifiable intangible assets acquired	48,000		2,069
Operating lease right-of-use asset acquired	49,291		—
Other assets acquired	1,497		—
Operating lease liability acquired - current	(5,860)		—
Other current liabilities acquired	(909)		—
Operating lease liability acquired - noncurrent	(43,431)		—
Goodwill	68,506		1,453
Total net assets acquired	$	137,117	$	3,522
Maximum potential contingent consideration	$	67,115	$	1,700

Segment Allocation

The following table summarizes the goodwill and intangible asset amounts resulting from those acquisitions for the three months ended March 31, 2022 and 2021, respectively (in thousands):

	Three Months Ended March 31,
	2022		2021
	Financial Services		Financial Services
Goodwill	$	68,506	$	1,453
Client list	48,000		1,980
Other intangibles	—		89
Total	$	116,506	$	3,522

Contingent Consideration

The following table summarizes the changes in contingent purchase price consideration for previous acquisitions and contingent payments made for previous business acquisitions in the three months ended March 31, 2022 and 2021, respectively (in thousands):

	Three Months Ended March 31,
	2022		2021
Net expense	$	642	$	660
Cash settlement paid	$	7,077	$	1,463
Shares issued (number)	19		38