Annual report pursuant to Section 13 and 15(d)

Business Combinations (Tables)

v3.22.4
Business Combinations (Tables)
12 Months Ended
Dec. 31, 2022
2022 Acquisitions  
Business Combinations  
Summary of businesses acquired

2022 Acquisitions

Date

    

Cash Paid

Contingent Consideration

Total Purchase Price

Goodwill Acquired

Net Sales

Net Income

Billings

2/3/2022

$

7,005

$

$

7,005

$

3,313

$

8,001

$

1,754

Assured

4/7/2022

4,719

500

5,219

3,317

4,242

443

All others

Various

3,258

3,258

1,726

(a)

(a)

Total

$

14,982

$

500

$

15,482

$

8,356

$

12,243

$

2,197

(a) The acquisitions’ net sales and net income are immaterial.

2021 Acquisitions  
Business Combinations  
Summary of businesses acquired

2021 Acquisitions

Date

    

Cash Paid

Contingent Consideration

Total Purchase Price

Goodwill Acquired

LCR

1/20/2021

$

53,700

53,700

19,500

ABS

4/5/2021

124,348

124,348

54,229

DI

10/15/2021

1,035,965

1,035,965

450,716

All others

Various

58,666

1,200

59,866

30,087

Total

$

1,272,679

$

1,200

$

1,273,879

$

554,532

Schedule of fair value of assets and liabilities assumed

Finalized purchase price fair values:

Accounts receivable

145,042

Inventories

133,004

Prepaid and other assets

8,820

Property and equipment

37,562

ROU asset (operating)

66,698

Intangible assets

458,000

Goodwill

450,716

Accounts payable

(68,367)

Lease liabilities

(76,066)

Deferred tax liabilities

(83,590)

All other liabilities

(35,854)

Net assets acquired

$

1,035,965