Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

v3.22.1
Acquisitions (Tables)
 3 Months Ended
Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Aggregate Fair Values of Outstanding and Unearned Contingent Consideration Liabilities Aggregate fair values of these outstanding contingent consideration liabilities and their classification in the accompanying consolidated balance sheets were as follows (in thousands):
  March 31, 2022 December 31, 2021
Accounts payable and accrued expenses $ 1,979  $ 2,591 
Insurance and other non-current liabilities 144,685  140,482 
Total contingent consideration liabilities $ 146,664  $ 143,073 
Unaudited Supplemental Pro Forma Results of Operations
The following unaudited supplemental pro forma results of operations for Quanta, which incorporate the acquisitions completed in 2021, have been provided for illustrative purposes only and do not purport to be indicative of the actual results that would have been achieved by the combined companies for the periods presented or that may be achieved by the combined companies in the future. Future results may vary significantly from the results reflected in the following pro forma financial information because of future events and transactions, as well as other factors (in thousands, except per share amounts).
Three Months Ended
March 31,
2021
Revenues $ 3,317,615 
Gross profit $ 499,561 
Selling, general and administrative expenses $ (306,426)
Amortization of intangible assets $ (67,575)
Net income $ 96,008 
Net income attributable to common stock $ 94,450 
Earnings per share attributable to common stock:
Basic $ 0.66 
Diluted $ 0.64