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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