Business Transactions (Tables)

9 Months Ended

Sep. 30, 2020

Business Transactions

Asset Acquisitions

The following table summarizes the purchase price allocation based on the estimated fair values of the acquired assets and liabilities as of the acquisition date (in thousands):

Accounts receivable	$	9,007
Inventory		7,987
Other current assets		608
Property, plant and equipment		286,158
Operating lease ROU assets		682
Goodwill		100,598
Intangible assets		40,237
Accounts payable, trade		(2,079)
Accrued liabilities		(2,973)
Operating lease liabilities		(326)
Purchase price	$	439,899

Pro Forma Information

The unaudited pro forma financial information below is presented (in thousands) for informational purposes only and is not necessarily indicative of our results of operations that would have occurred had the transaction been consummated at the beginning of the period presented, nor is it necessarily indicative of future results.

	Three Months Ended		Nine Months Ended
	September 30, 2019		September 30, 2019
Revenue	$	251,505	$	763,776
Net income		26,925		63,146