ACCRUED EXPENSES AND OTHER LIABILITIES

6 Months Ended

Jun. 30, 2026

Accrued Expenses and Other Current Liabilities

The Company’s accrued expenses and other current liabilities consisted of the following as of the below dates:


	June 30, 2026		December 31, 2025
Accrued salaries, wages and related employee benefits	$	78,794	$	58,655
Accrued operating expenses	67,269		63,426
Accrued taxes payable	12,639		10,873
Current portion of contingent consideration	4,788		8,608
Other accrued expenses	11,196		10,064
Total accrued expenses and other current liabilities	$	174,686	$	151,626

Contingent Consideration

Contingent consideration arrangements, which are tied to the future performance of the acquired business, are included as part of the purchase price of acquired companies on their respective acquisition dates. The Company estimates the fair value of contingent earn-out payments as part of the initial purchase price and records the estimated fair value of contingent consideration as a liability on the consolidated balance sheet. Changes in the estimated fair value of contingent consideration payments are included in “Selling, general and administrative expenses” in the consolidated statements of operations. As of June 30, 2026, the Company had $7.3 million of contingent consideration recorded on the condensed consolidated balance sheet, including $4.8 million reflected as current. As of December 31, 2025, the Company had $13.6 million of contingent consideration recorded on the consolidated balance sheet, including $8.6 million reflected as current. Fair value re-measurements were immaterial during the three and six months ended June 30, 2026.