ACQUISITIONS OF BUSINESSES (Tables)

6 Months Ended

Jun. 30, 2019

The purchase price for the 2018 acquisitions has been preliminarily allocated as follows (in thousands):

Cash paid, net of cash acquired	$	16,367
Seller notes		950
Total consideration	$	17,317

Estimated fair value of net tangible assets acquired:
Total current assets	$	1,691
Total non-current assets		305
Total liabilities		(524	)
Net tangible assets acquired	$	1,472
Referral relationships		2,294
Non-compete		328
Tradename		1,297
Goodwill		20,071
Fair value of non-controlling interest (classified as redeemable non-controlling interests)		(8,145	)
	$	17,317

The purchase price for the 2019 acquisition has been preliminarily allocated as follows (in thousands):

Cash paid, net of cash acquired	$	18,239
Payable to shareholders of seller		502
Seller note		4,000
Total consideration	$	22,741

Estimated fair value of net tangible assets acquired:
Total current assets	$	1,588
Total non-current assets		38
Total liabilities		(477	)
Net tangible assets acquired	$	1,149
Referral relationships		1,500
Non-compete		590
Tradename		2,500
Goodwill		17,002
	$	22,741