Acquisitions (Tables)

9 Months Ended

Jun. 30, 2021

Business Combination and Asset Acquisition [Abstract]

Schedule of Purchase Price Allocation

The estimated fair value of the assets acquired and liabilities assumed are provisional as management is still gathering additional information to complete the purchase accounting. The preliminary allocation of the consideration for the net acquired assets from this business combination were as follows, in thousands:

Cash and cash equivalents	$	308
Earning assets	9,462
Lease right-of-use assets	10,826
Property and equipment	4,317
Intangible assets*	3,965
Goodwill	22,957
Other assets	649
Accounts payable, deferred taxes and other liabilities	(3,150)
Lease liability	(10,826)
Assumed debt	(14,931)
Total consideration	$	23,577
*Intangible assets consist of $4.0 million in trade names.

Schedule of Pro forma Information

The following unaudited pro forma summary presents consolidated information for us as if the business combination had occurred on October 1, 2019. The pro forma information is not necessarily indicative of our results of operations had the acquisitions been completed on the above date, nor is it necessarily indicative of our future results. The pro forma information does not reflect any cost savings from operating efficiencies or synergies that could result from the acquisitions, nor does it reflect additional revenue opportunities following the acquisition. The pro forma adjustments reflected in the table below are subject to change as additional analysis is performed.

	Three Months Ended June 30,				Nine Months Ended June 30,
(in thousands, except per share amounts)	2021		2020		2021		2020
Revenue	$	180,854	$	216,083	$	558,426	$	681,069
Net (loss) income	(2,475)		(5,354)		6,775		(42,628)
Basic (loss) earnings per common share	(0.04)		(0.10)		0.12		(0.75)
Diluted (loss) earnings per common share	(0.04)		(0.10)		0.12		(0.75)