BUSINESS ACQUISITIONS (Tables)

3 Months Ended

Mar. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of Purchase Price Consideration

In aggregate, the acquisition-date fair value of the consideration transferred for the two businesses totaled $9.0 million, which consisted of the following:

Purchase Price Consideration (in millions)	Total Consideration
Cash payments	$	5.8
Fair value of stock issued	0.5
Future consideration	2.7
Total purchase price consideration	$	9.0

Schedule of Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary estimated fair values of the assets acquired and liabilities assumed at the acquisition date:

(In thousands)
Cash	$	517
Accounts receivable	2,709
Other receivables	56
Inventory	37
Non-compete agreements	229
Customer relationships	1,770
Property and equipment	124
Other assets	2
Assets acquired	$	5,444
Current liabilities assumed	(1,061)
Net assets acquired	$	4,383
Total Consideration	(9,049)
Goodwill	$	4,666