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Fair Value of Assets and Liabilities (Tables)
9 Months Ended
Sep. 30, 2022
Contingent consideration liabilities related to acquisitions  
Summary of financial assets and liabilities measured at fair value on a recurring basis

(in thousands)

    

Level 1

    

Level 2

    

Level 3

September 30, 2022

Assets

 

  

 

  

 

  

Money market accounts

$

11

$

$

Interest rate swap agreements-short term

4,471

Interest rate swap agreements-long term

5,621

Total assets measured at fair value

$

11

$

10,092

$

Liabilities

 

  

 

  

 

  

Acquisition-related contingent consideration-short term

$

$

$

14,527

Warrant liability

38,516

Total liabilities measured at fair value

$

$

$

53,043

(in thousands)

    

Level 1

    

Level 2

    

Level 3

December 31, 2021

Assets

 

  

 

  

 

  

Money market accounts

$

14

$

$

Total assets measured at fair value

$

14

$

$

Liabilities

 

  

 

  

 

  

Acquisition-related contingent consideration-short term

$

$

$

13,500

Acquisition-related contingent consideration-long term

 

 

 

6,800

Interest rate swap agreements-short term

5,098

Interest rate swap agreements-long term

 

 

2,359

 

Warrant liability

57,764

Total liabilities measured at fair value

$

$

7,457

$

78,064

Summary of non-financial assets measured on a non-recurring basis

    

September 30, 

December 31,

2022

    

2021

Assets:

 

  

  

Goodwill (Level 3)

$

3,524,999

$

3,512,567

Identifiable intangible assets, net (Level 3)

$

172,772

$

202,231

Acquisition Related Contingent Consideration  
Contingent consideration liabilities related to acquisitions  
Reconciliation of contingent consideration liabilities

Nine Months Ended September 30, 2022

Beginning Balance

    

Additions

    

Payments

    

Change in Fair Value

    

Other activity

    

Ending Balance

Contingent consideration - Level 3 liabilities

$

20,300

$

$

(6,250)

$

477

$

$

14,527

Nine Months Ended September 30, 2021

Contingent consideration - Level 3 liabilities

$

33,540

$

2,000

$

(18,200)

$

1,135

    

$

173

$

18,648