Acquisitions (Tables)

9 Months Ended

Sep. 30, 2018

The following unaudited pro forma information illustrates the impact of 2018 and 2017 acquisitions on the Company’s revenue and earnings from operations for the nine months ended September 30, 2018 and 2017, respectively. In the year 2017, the Company acquired two businesses in separate transactions for total net consideration of $34,300.

The unaudited pro forma information assumes that the 2018 and 2017 acquisitions had taken place at the beginning of the prior year, 2017 and 2016, respectively. Unaudited pro forma earnings are adjusted to reflect the comparable impact of additional depreciation and amortization expense, net of tax, resulting from the fair value measurement of intangible and tangible assets relating to the year of acquisition.

The unaudited pro forma effects for the three and nine months ended September 30, 2018 and 2017 were as follows:



	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Revenue:
As reported	$	1,747,403	$	1,747,775	$	5,183,168	$	5,068,356
Pro forma	1,747,403		1,756,565		5,183,484		5,097,953
Earnings:
As reported	$	157,305	$	159,455	$	433,170	$	457,018
Pro forma	157,097		160,686		436,811		456,833
Basic earnings per share:
As reported	$	1.07	$	1.02	$	2.87	$	2.94
Pro forma	1.07		1.03		2.89		2.93
Diluted earnings per share:
As reported	$	1.05	$	1.01	$	2.82	$	2.90
Pro forma	1.05		1.02		2.85		2.90