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BUSINESS COMBINATION (Tables)
 3 Months Ended
Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The preliminary allocation of the purchase price paid for HRG as of March 31, 2022 was as follows:

(In thousands)Purchase Price Allocation
Acquired cash3,989
Accounts receivable5,609
Prepaid expenses406
Property and equipment428
Other assets73
Intangible assets24,200
Operating lease assets1,315
Goodwill20,380
Accounts payable and accrued liabilities(2,543)
Deferred taxes, net(5,193)
Operating lease liability(1,315)
Net assets acquired$47,349 
The allocation of the purchase price paid for TruCode was as follows:

(In thousands)Purchase Price Allocation
Acquired cash$4,249 
Accounts receivable924
Prepaid expenses2
Intangible assets37,300
Goodwill27,287
Accounts payable and accrued liabilities(1,840)
Contingent consideration(2,500)
Deferred revenue(1,300)
Net assets acquired$64,122 
Schedule of Business Acquisition, Pro Forma Information The following unaudited pro forma revenue, net income and earnings per share amounts for the three months ended March 31, 2022 give effect to the HRG acquisition as if it had been completed on January 1, 2021. The pro forma financial information is presented for illustrative purposes only and is not necessarily indicative of what the operating results actually would have been during the periods presented had the HRG acquisition been completed during the periods presented. In addition, the unaudited pro forma financial information does not purport to project future operating results.
The pro forma information does not fully reflect: (1) any anticipated synergies (or costs to achieve synergies) or (2) the impact of non-recurring items directly related to the HRG acquisition.

Three Months Ended
March 31,
(In thousands, except per share data)20222021
Pro forma revenues$84,211 $75,688 
Pro forma net income $6,822 $2,317 
Pro forma diluted earnings per share$0.46 $0.15