Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATIONS (Tables)

v3.20.2
BUSINESS COMBINATIONS (Tables)
6 Months Ended
Jun. 30, 2020
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

BUSINESS COMBINATIONS
    June 30, 2020  
Accounts receivable, net   $ 1,835  
Materials & supplies     192  
Equipment and property     3,446  
Goodwill     29,080  
Customer contracts     27,968  
Other intangible assets     3,094  
Other assets and liabilities, net     4,003  
Current liabilities     (7,906 )
Total purchase price   $ 61,712  
Less: Contingent consideration liability     (5,682 )
Total cash purchase price   $ 56,030  
components of intangible assets

Customer contracts and other amortizable intangible assets are amortized on a straight-line basis over their economic useful lives. The following table sets forth the components of intangible assets as of June 30, 2020 (in thousands):

BUSINESS COMBINATIONS (Details 2)
Intangible Asset   Carrying Value     Useful Life
in Years
 
Customer contracts   $ 275,782       3-12  
Trademarks and tradenames     104,760       N/A - 20  
Non-compete agreements     4,337       3-20  
Patents     1,458       3-15  
Other assets     2,154       10  
Internet domains     2,227       N/A  
Total customer contracts and other intangible assets   $ 390,718