v3.25.2
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 receivable832 
Materials and supplies573 
Operating lease right-of-use assets991 
Other current assets414 
Equipment and property4,648 
Goodwill132,959 
Customer contracts52,200 
Trademarks & tradenames17,300 
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 receivable1,348 
Materials and supplies856 
Other current assets231 
Equipment and property5,006 
Goodwill35,120 
Customer contracts25,982 
Trademarks & tradenames887 
Other intangible assets1,253 
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)2025202420252024
Revenues$999,527 $907,560 $1,850,939 $1,667,502 
Net income140,628 132,723 253,371 226,433