Quarterly report pursuant to Section 13 or 15(d)

Acquisition (Tables)

v3.22.2.2
Acquisition (Tables)
9 Months Ended
Sep. 30, 2022
Acquisition  
Summary of purchase price allocations

​

​

​

​

​

(in thousands)

​

​

​

Cash

​

$

3,325

Trade accounts receivable

​

​

1,852

Other current assets

​

​

367

Vendor relationships (10.4-year weighted average useful life)

​

​

11,702

Goodwill

​

​

3,422

Accounts payable and other current liabilities

​

​

(3,977)

Deferred income tax liabilities

​

​

(2,892)

Net assets

​

$

13,799

Summary of supplementary information related to acquisition

​

(in thousands)

​

​

​

Supplementary information:

​

​

​

Cash paid to sellers

​

$

11,835

Contingent earn-out

​

​

1,964

Total purchase consideration

​

$

13,799

​

​

​

​

Cash paid to sellers

​

​

11,835

Cash acquired in acquisition

​

​

(3,325)

Net cash paid for acquisition

​

$

8,510