v3.26.3
BUSINESS ACQUISITIONS (Tables)
 9 Months Ended
Sep. 30, 2026
Business Combination [Abstract]  
Business Combination, Recognized Asset Acquired and Liability Assumed [Table Text Block]
Empire City Laboratories, Inc.Parkview Health Systems, Inc.MLM Medical LabsOther Acquisitions Closed During the Nine Months Ended September 30, 2026Measurement Period AdjustmentsAmounts Acquired During the Nine Months Ended September 30, 2026
Cash and cash equivalents$— $— $9.5 $0.4 $— $9.9 
Accounts receivable— — 12.3 3.6 — 15.9 
Unbilled services— — 2.9 — — 2.9 
Inventories— — 2.1 — — 2.1 
Prepaid expenses and other— — 0.8 — — 0.8 
Property, plant, and equipment— — 5.7 2.8 — 8.5 
Goodwill117.5 77.5 176.9 68.1 (1.0)439.0 
Intangible assets132.5 87.5 100.2 68.2 (13.1)375.3 
Other assets— — 0.7 — — 0.7 
Total assets acquired250.0 165.0 311.1 143.1 (14.1)855.1 
Accounts payable— — 2.6 2.5 — 5.1 
Accrued expenses and other— — 6.3 1.7 — 8.0 
Unearned revenue— — 4.9 — — 4.9 
Notes payable— — — 0.9 — 0.9 
Deferred tax liabilities— — 23.8 7.5 — 31.3 
Lease liabilities— — 3.5 2.4 — 5.9 
Total liabilities acquired— — 41.1 15.0 — 56.1 
Net assets acquired250.0 165.0 270.0 128.1 (14.1)799.0 
Contingent consideration(85.0)— (5.0)(4.8)14.1 (80.7)
2025 escrow payments— (5.0)— (20.0)— (25.0)
Cash paid for acquisitions$165.0 $160.0 $265.0 $103.3 $— $693.3 
Intangible Asset, Finite-Lived, Acquired
Intangible assets recognized from business acquisitions that closed during the nine months ended September 30, 2026, including any related measurement period adjustments, and their weighted-average amortization periods were as follows:
Amount
Weighted-average Amortization Period
(in Years)
Customer relationships$335.3 15.0
Non-compete agreements48.9 5.0
Other4.2 5.0
   Total
$388.4 
Business Combination, Pro Forma Information [Table Text Block]
If the aggregate of the Company’s 2026 and 2025 acquisitions, that were accounted for as business combinations, had been completed at January 1, 2025, the Company’s pro forma results would have been as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Revenues$3,819.1 $3,638.0 $11,139.0 $10,666.6 
Net earnings attributable to LHI$264.8 $270.9 $854.4 $748.3