Annual report pursuant to Section 13 and 15(d)

Business Combinations (Tables)

v3.22.2.2
Business Combinations (Tables)
12 Months Ended
Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
Table 6.1: VES Valuation
Allocation of Assets and Liabilities as of September 30, 2021 Adjustments Allocation of Assets and Liabilities
(in thousands)
Consideration paid:
Cash consideration, net of cash acquired $ 1,364,866  $ 5,765  $ 1,370,631 
Assets acquired:
Accounts receivable - billed, billable and unbilled $ 44,078  $ —  $ 44,078 
Prepaid expenses and other current assets 7,955  —  7,955 
Property and equipment, net 9,113  (1,092) 8,021 
Operating lease right-of-use assets 18,898  —  18,898 
Intangible assets 664,000  —  664,000 
Other assets 7,166  —  7,166 
Total identifiable assets acquired 751,210  (1,092) 750,118 
Liabilities assumed:
Accounts payable and accrued compensation 42,182  1,804  43,986 
Operating lease liabilities 18,898  —  18,898 
Income taxes payable, current 5,673  —  5,673 
Deferred income taxes 171,497  (474) 171,023 
Other long-term liabilities 12,270  —  12,270 
Total identifiable liabilities assumed 250,520  1,330  251,850 
Net identifiable assets acquired 500,690  (2,422) 498,268 
Goodwill 864,176  8,187  872,363 
Net assets acquired $ 1,364,866  $ 5,765  $ 1,370,631 
Table 6.3: Attain Valuation
Allocation of Assets and Liabilities
(in thousands)
Consideration paid:
Cash consideration paid, net of cash acquired $ 419,097 
Assets acquired:
Accounts receivable - billed, billable and unbilled 39,375 
Prepaid expenses and other current assets 926 
Operating lease right-of-use assets 24,960 
Intangible assets 105,000 
Other assets 74 
Total identifiable assets acquired 170,335 
Liabilities assumed:
Accounts payable and other liabilities 28,863 
Operating lease liabilities, less current portion 26,401 
Total identifiable liabilities assumed 55,264 
Net identifiable assets acquired 115,071 
Goodwill 304,026 
Net assets acquired $ 419,097 
Schedule of Acquired Finite-Lived Intangible Assets Weighted Average Remaining Lives
Table 6.2: VES Intangible Asset Values and Useful Lives
Estimated Straight-Line Useful Life Estimated Fair Value
(in thousands)
Customer contracts and relationships 12 years $ 580,000 
Provider network 12 years 57,000 
Technology-based intangible assets 12 years 27,000 
Total intangible assets $ 664,000