Acquisitions (Tables)

6 Months Ended

Jun. 30, 2017

The following unaudited pro forma information illustrates the impact of 2017 and 2016 acquisitions on the Company’s revenue and earnings from operations for the three and six months ended June 30, 2017 and 2016, respectively. In 2016, the Company acquired six businesses in separate transactions for total net consideration of $1,562 million. During the measurement period, we recorded working capital adjustments which resulted in final net cash consideration of $1,554 million.

The pro forma information assumes that the 2017 and 2016 acquisitions had taken place at the beginning of the prior year. Pro forma earnings are also adjusted to reflect the comparable impact of additional depreciation and amortization expense, net of tax, resulting from the fair value measurement of tangible and intangible assets relating to the year of acquisition.

The proforma effects for the three and six months ended June 30, 2017 and 2016 were as follows:



	Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
Revenue:
As reported	$	1,993,351	$	1,686,345	$	3,806,723	$	3,308,618
Pro forma	1,993,483		1,877,659		3,809,834		3,698,831
Earnings:
As reported	$	164,058	$	118,290	$	336,305	$	217,646
Pro forma	164,209		124,926		336,756		235,219
Basic earnings per share:
As reported	$	1.05	$	0.76	$	2.16	$	1.40
Pro forma	1.05		0.81		2.16		1.52
Diluted earnings per share:
As reported	$	1.04	$	0.76	$	2.14	$	1.39
Pro forma	1.04		0.80		2.14		1.50