Acquisition (Tables)

6 Months Ended

Jun. 30, 2020

Schedule of Assets Acquired and Liabilities Assumed

The preliminary fair value of assets acquired and liabilities assumed is (in millions):



	Purchase Price Allocation
Total purchase consideration	$	196.7

Allocation of consideration to assets acquired and liabilities assumed:
Cash and cash equivalents	$	2.9
Accounts receivable	3.6
Prepaid expenses and other current assets	1.1
Property, equipment and software	0.3
Operating lease right-of-use assets	1.2
Intangible assets	84.3
Goodwill	126.6
Accounts payable	(0.2)
Current portion of customer liabilities	(4.6)
Accrued compensation and benefits	(1.9)
Current portion of operating lease liabilities	(0.5)
Other accrued expenses	(0.3)
Non-current portion of operating lease liabilities	(0.7)
Other non-current liabilities	(5.0)
Deferred income tax liabilities	(10.1)
Net assets acquired	$	196.7

Schedule of Pro Forma Results

The following table summarizes, on a pro forma basis, the combined results of the Company as though the SCI Acquisition had occurred as of January 1, 2019. These pro forma results are not necessarily indicative of either the actual consolidated results had the SCI Acquisition occurred as of January 1, 2019 or of the future consolidated operating results for any period. Pro forma results are (in millions):


	Three Months Ended June 30,						Six Months Ended June 30,
	2020		2019		2020		2019
Net services revenue	$	315.5	$	301.5	$	643.1	$	583.5
Net income (loss)	$	19.6	$	(7.9)	$	35.1	$	(14.8)