Quarterly report [Sections 13 or 15(d)]

ACQUISITIONS (Tables)

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ACQUISITIONS (Tables)
 6 Months Ended
Jun. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Assets Acquired and Liabilities Assumed Recorded at the Date of Acquisition The preliminary values of identified assets acquired and liabilities assumed for Saela are summarized as follows (in thousands):
April 1, 2025
Cash $ 1,506 
Accounts receivable 832 
Materials and supplies 573 
Operating lease right-of-use assets 991 
Other current assets 414 
Equipment and property 4,648 
Goodwill 132,959 
Customer contracts 52,200 
Trademarks & tradenames 17,300 
Accounts payable (1,961)
Accrued compensation and related liabilities (949)
Other current liabilities (389)
Operating lease liabilities (991)
Assets acquired and liabilities assumed $ 207,133 
The aggregate preliminary values of major classes of assets acquired and liabilities assumed recorded at the dates of acquisition are summarized as follows (in thousands):
June 30, 2025
Cash $ 263 
Accounts receivable 1,348 
Materials and supplies 856 
Other current assets 231 
Equipment and property 5,006 
Goodwill 35,120 
Customer contracts 25,982 
Trademarks & tradenames 887 
Other intangible assets 1,253 
Current liabilities (319)
Unearned revenue (938)
Other assets and liabilities, net (2,551)
Assets acquired and liabilities assumed $ 67,138 
Schedule of Business Acquisition, Pro Forma Information
The following table presents unaudited consolidated pro forma information as if the acquisition of Saela had occurred on January 1, 2024. This information presented below is for illustrative purposes only and is not necessarily indicative of results that would have been achieved if the acquisition had actually occurred as of the beginning of such years or results which may be achieved in the future.
Three Months Ended June 30, Six Months Ended June 30,
(in thousands) 2025 2024 2025 2024
Revenues $ 999,527  $ 907,560  $ 1,850,939  $ 1,667,502 
Net income 140,628  132,723  253,371  226,433