Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

v3.22.2
Acquisitions (Tables)
 6 Months Ended
Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Allocations of Purchase Price
Assets acquired and liabilities assumed as of the acquisition date are presented in the following table:
BarOle Edgmon
November 30, 2021 May 30, 2022
Tangible assets:
Accounts receivable $ 2,481  $ 4,831 
Property and equipment 6,464  613 
Total tangible assets 8,945  5,444 
Intangible assets:
Customer relationships 12,028  17,950 
Non-compete agreements 212  465 
Goodwill 14,519  17,003 
Total intangible assets 26,759  35,418 
Total assets acquired 35,704  40,862 
Liabilities assumed:
Current liabilities 268  429 
Total liabilities assumed 268  429 
Net assets acquired $ 35,436  $ 40,433 
Schedule of Acquired Finite-Lived Intangible Assets
The estimated useful life of acquired intangible assets as of the acquisition date are summarized in the following table:
Estimated Useful Lives
BarOle Edgmon
Customer relationships 8 years 7 years
Non-compete agreements 5 years 5 years