Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS (Tables)

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ACQUISITIONS (Tables)
 6 Months Ended
Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Assets Acquired and Liabilities Assumed Recorded at the Date of Acquisition The aggregate preliminary values of major classes of assets acquired and liabilities assumed recorded at the dates of acquisition are included in the reconciliation of the total preliminary consideration as follows (in thousands):
June 30, 2024
Accounts receivable $ 2,965 
Materials and supplies 598 
Other current assets 543 
Equipment and property 4,450 
Goodwill 47,654 
Customer contracts 36,227 
Trademarks & tradenames 1,108 
Other intangible assets 1,307 
Current liabilities (783)
Unearned revenue (103)
Other assets and liabilities, net (1,771)
Assets acquired and liabilities assumed $ 92,195 
The values of identified assets acquired and liabilities assumed were finalized as of March 31, 2024 and are summarized in the table below (in thousands).
Final Fair Value
Cash $ 4,560 
Accounts receivable 1,542 
Materials and supplies 431 
Operating lease right-of-use assets 8,689 
Other current assets 487 
Goodwill 188,176 
Customer contracts 118,000 
Trademarks & tradenames 38,000 
Current liabilities (5,538)
Unearned revenue (6,144)
Operating lease liabilities (8,689)
Assets acquired and liabilities assumed $ 339,514 
Schedule of Business Acquisition, Pro Forma Information
The following table presents unaudited consolidated pro forma information as if the acquisition of Fox had occurred on January 1, 2022. The information presented below is for illustrative purposes only and is not necessarily indicative of results that would have been achieved if the acquisition had actually occurred as of the beginning of such years or results which may be achieved in the future.
(in thousands) Three Months Ended June 30, 2023 Six Months Ended June 30, 2023
Revenues $ 820,750  $ 1,507,673 
Net income 109,564  191,999