Business Combinations (Tables)
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12 Months Ended |
Dec. 31, 2023 |
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| 2023 Acquisitions |
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| Business Combinations |
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| Schedule of fair value of assets and liabilities assumed |
| | | | | | | | | | | | | | | 2023 Acquisitions | Purchase price fair values: | | SRI | | Best | | All Others | | Totals | Accounts receivable | | $ | 5,531 | | $ | 7,537 | | $ | 968 | | $ | 14,036 | Inventories | | | 4,383 | | | 2,132 | | | 602 | | | 7,117 | Prepaid and other assets | | | 158 | | | 43 | | | — | | | 201 | Property and equipment | | | 4,623 | | | 5,518 | | | 419 | | | 10,560 | ROU asset (operating) | | | 4,695 | | | 3,441 | | | 412 | | | 8,548 | Intangible assets | | | 13,740 | | | 30,470 | | | 2,948 | | | 47,158 | Goodwill | | | 23,132 | | | 51,463 | | | 4,556 | | | 79,151 | Accounts payable | | | (6,078) | | | (2,623) | | | (342) | | | (9,043) | Lease liabilities (operating) | | | (4,775) | | | (3,241) | | | (413) | | | (8,429) | All other liabilities | | | (95) | | | (150) | | | — | | | (245) | Net assets acquired | | $ | 45,314 | | $ | 94,590 | | $ | 9,150 | | $ | 149,054 |
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| Schedule of estimates of acquired intangible assets related to the acquisition |
| | | | | | | | | Estimated Fair Value | | Weighted Average Estimated Useful Life (Years) | Customer relationships | | $ | 42,948 | | | 12 | Trademarks and trade names | | | 4,010 | | | 10 | Non-compete agreements | | | 200 | | | 5 | Total intangible assets acquired | | $ | 47,158 | | | 12 |
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| Summary of businesses acquired |
| | | | | | | | | | | | | | | | 2023 Acquisitions | | Date | | Cash Paid | | Goodwill Acquired | | Net Sales | | Net Income | SRI | | | 1/26/2023 | | $ | 45,314 | | $ | 23,132 | | $ | 62,458 | | $ | 4,229 | Best | | | 7/17/2023 | | | 94,590 | | | 51,463 | | | 39,386 | | | 1,820 | All others | | | Various | | | 9,150 | | | 4,556 | | | 3,319 | | | 4 | Total | | | | | $ | 149,054 | | $ | 79,151 | | $ | 105,163 | | $ | 6,053 |
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| 2022 Acquisitions |
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| Business Combinations |
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| Summary of businesses acquired |
| | | | | | | | | | | | | | | | 2022 Acquisitions | | Date | | Cash Paid | | Contingent Consideration | | Total Purchase Price | | Goodwill Acquired | Billings | | | 2/3/2022 | | $ | 7,005 | | $ | — | | $ | 7,005 | | $ | 3,313 | Assured | | | 4/7/2022 | | | 4,719 | | | 600 | | | 5,319 | | | 3,406 | All others | | | Various | | | 3,257 | | | — | | | 3,257 | | | 1,726 | Total | | | | | $ | 14,981 | | $ | 600 | | $ | 15,581 | | $ | 8,445 |
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