XML 68 R49.htm IDEA: XBRL DOCUMENT v3.22.4
Acquisitions, Goodwill and Other Intangible Assets, Net - 2021 Acquisitions (Details)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended 24 Months Ended
May 31, 2022
USD ($)
shares
Dec. 31, 2021
USD ($)
yr
shares
Jun. 30, 2022
USD ($)
shares
Dec. 31, 2022
USD ($)
shares
Dec. 31, 2021
USD ($)
yr
acquisition
shares
Dec. 31, 2020
USD ($)
Dec. 31, 2022
USD ($)
Business Combinations [Line Items]              
Goodwill   $ 1,520,575   $ 2,045,041 $ 1,520,575 $ 1,243,000 $ 2,045,041
Decrease in contingent consideration       (1,682) 0 0  
Cash, net of cash acquired       635,763 1,244,603 24,971  
Power Delivery              
Business Combinations [Line Items]              
Goodwill   303,400   270,100 $ 303,400 $ 150,100 270,100
2021 Acquisitions              
Business Combinations [Line Items]              
Business combinations, number of acquisitions | acquisition         14    
Amortizing intangible assets       608,600     608,600
Goodwill       258,000     258,000
Business combinations, goodwill, expected tax deductible amount       164,000     164,000
Bargain purchase gain       (3,600)      
Total consideration       1,565,700      
Cash, net of cash acquired       1,279,100      
Business combinations, contingent consideration, earn-out liabilities   $ 105,000   104,900 $ 105,000   104,900
Shares transferred       181,700      
Business combinations, contingent consideration liabilities, range of potential undiscounted earn-out liabilities, low       18,000     18,000
Business combinations, contingent consideration liabilities, range of potential undiscounted earn-out liabilities, high       118,000     118,000
2021 Acquisitions | Minimum | Expected Term              
Business Combinations [Line Items]              
Business combinations, contingent consideration, earn-out period (in years) | yr   1     1    
2021 Acquisitions | Maximum | Expected Term              
Business Combinations [Line Items]              
Business combinations, contingent consideration, earn-out period (in years) | yr   5     5    
2021 Acquisitions | Power Delivery              
Business Combinations [Line Items]              
Bargain purchase gain       (200)     (3,600)
HMG              
Business Combinations [Line Items]              
Amortizing intangible assets       164,400     164,400
Business combinations, acquired finite-lived intangible assets, weighted average lives (in years)         11 years    
Goodwill       71,400     71,400
Bargain purchase gain       0      
Total consideration       584,100      
Business acquisition, number of shares issued (in shares) | shares   1,975,000 133,000   2,000,000    
Cash, net of cash acquired       402,400      
Business combinations, contingent consideration, earn-out liabilities       0     0
Shares transferred       181,700 $ 182,000    
HMG | Contingent Consideration, Value Of Additional Payments              
Business Combinations [Line Items]              
Total consideration $ 29,400            
Payments to acquire businesses, gross $ 18,000            
Business acquisition, number of shares issued (in shares) | shares 133,157            
Business combinations, contingent consideration, realized gain (loss)       1,000      
Decrease in contingent consideration     $ 15,000        
Business combination, contingent consideration, current       37,000     37,000
Business combinations, contingent consideration, earn-out liabilities       $ 65,000     65,000
HMG | Contingent Consideration, Collections From Acquired Receivables              
Business Combinations [Line Items]              
Business acquisition, number of shares issued (in shares) | shares       98,800      
Contingent consideration, unrealized gain (loss)       $ 8,400      
Business combinations, contingent consideration, earn-out liabilities       $ 21,800     21,800
HMG | Power Delivery | Contingent Consideration, Value Of Additional Payments              
Business Combinations [Line Items]              
Business acquisition, number of shares issued (in shares) | shares       170,000      
Contingent consideration, unrealized gain (loss)       $ 1,200      
HMG | Customer Relationships              
Business Combinations [Line Items]              
Amortizing intangible assets   $ 132,000     $ 132,000    
Business combinations, acquired finite-lived intangible assets, weighted average lives (in years)         12 years    
All other              
Business Combinations [Line Items]              
Amortizing intangible assets       444,200     444,200
Business combinations, acquired finite-lived intangible assets, weighted average lives (in years)         17 years    
Goodwill       186,600     186,600
Bargain purchase gain       (3,600)      
Total consideration       981,600      
Cash, net of cash acquired       876,700 $ 78,000    
Business combinations, contingent consideration, earn-out liabilities       104,900     $ 104,900
Shares transferred       $ 0      
All other | Power Delivery | Minimum | Expected Term              
Business Combinations [Line Items]              
Business combinations, contingent consideration, earn-out period (in years) | yr   1     1    
All other | Customer Relationships              
Business Combinations [Line Items]              
Business combinations, acquired finite-lived intangible assets, weighted average lives (in years)         17 years    
All other | Trade Names              
Business Combinations [Line Items]              
Business combinations, acquired finite-lived intangible assets, weighted average lives (in years)         17 years    
All other, INTREN acquisition | Power Delivery              
Business Combinations [Line Items]              
Goodwill   $ 49,000     $ 49,000    
Total consideration         455,000    
All other, INTREN acquisition | Customer Relationships And Trade Names | Power Delivery              
Business Combinations [Line Items]              
Amortizing intangible assets   $ 281,000     $ 281,000    
Business combinations, acquired finite-lived intangible assets, weighted average lives (in years)         20 years