Acquisitions (Tables)

9 Months Ended

Sep. 30, 2022

Acquisitions.

Schedule of proforma net revenue and operating income

(in thousands) (unaudited)	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Net revenue	$	756,495	$	722,406	$	2,195,434	$	2,140,382

Operating income $ 52,949 $ 83,788 $ 163,630 $ 195,945

Summary of results of business acquired

(in thousands)	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Net revenue	$	5,062	$	289,604	$	10,764	$	680,460
Operating income (loss)	$	(726)	$	37,454	$	(333)	$	95,143

Significant Acquisitions In 2022

Acquisitions.

Summary of consideration

Cash	$	16,477
Deferred payments		422
Total	$	16,899

Summary of estimated fair values of the net assets acquired

Cash	$	155
Accounts receivable		2,206
Inventory		686
Prepaid and other current assets		16
Equipment and other fixed assets		4,502
Goodwill		11,788
Identifiable intangible assets		500
Accounts payable and accrued expenses		(2,820)
Contract liabilities		(134)
Net assets acquired	$	16,899

Significant Acquisitions In 2021

Acquisitions.

Summary of consideration

	AeroCare		Spiro		Healthy Living		Agilis		We Care		Other		Total
Cash	$	1,152,768	$	66,101	$	47,048	$	30,842	$	34,833	$	121,710	$	1,453,302
Equity		1,220,342		7,109		5,057		14,668		6,321		7,703		1,261,200
Contingent consideration		—		1,000		—		1,000		—		—		2,000
Deferred payments		—		—		—		—		—		1,162		1,162
Total	$	2,373,110	$	74,210	$	52,105	$	46,510	$	41,154	$	130,575	$	2,717,664

Summary of estimated fair values of the net assets acquired

	AeroCare		Spiro		Healthy Living		Agilis		We Care		Other		Total
Cash	$	27,686	$	2,132	$	580	$	1,170	$	458	$	2,673	$	34,699
Accounts receivable		75,916		8,526		7,471		—		6,355		20,900		119,168
Inventory		27,612		4,939		2,948		2,478		1,488		6,219		45,684
Prepaid and other current assets		3,522		152		254		—		—		2,466		6,394
Equipment and other fixed assets		190,755		2,148		1,201		—		8,170		13,076		215,350
Operating lease right-of-use assets		55,132		2,738		1,366		490		970		12,176		72,872
Goodwill		2,096,850		62,640		41,955		52,938		29,080		102,688		2,386,151
Identifiable intangible assets		122,800		1,000		1,300		500		400		2,400		128,400
Other assets		1,178		16		—		—		—		—		1,194
Deferred tax liabilities		(64,916)		—		—		—		(3,358)		425		(67,849)
Accounts payable and accrued expenses		(82,722)		(5,148)		(3,604)		(576)		(1,439)		(13,921)		(107,410)
Contract liabilities		(14,495)		—		—		—		—		(124)		(14,619)
Other current liabilities		(10,021)		—		—		—		—		(1,555)		(11,576)
Other long-term liabilities		(1,055)		—		—		—		—		—		(1,055)
Operating lease obligations		(55,132)		(2,738)		(1,366)		(490)		(970)		(12,176)		(72,872)
Capital lease obligations		—		(2,195)		—		—		—		(4,672)		(6,867)
Net assets acquired	$	2,373,110	$	74,210	$	52,105	$	56,510	$	41,154	$	130,575	$	2,727,664