Company: DXPE
Filing Date: 2025-03-10
Form Type: 10-K
Source: 0001020710-25-000036
Chunk: 39

Company: DXP ENTERPRISES INC
Filing Date: 2025-03-10
Form: 10-K
Item: Item 7A
Chunk 39
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2022. The following table summarize the total consideration, the estimated fair values of the assets acquired and liabilities assumed at the acquisition date for the 2022 acquisitions:Q1 2022Q2 2022Q3 2022Q4 2022TotalTotal Acquisitions211— 4Cash payments$5,832 $43,483 $4,615 $— $53,930 Common stock consideration527 4,365 865 — 5,757 Contingent consideration2,689 4,484 1,027 — 8,200 Total purchase price consideration9,048 52,332 6,507 — 67,887 Tangible assets acquired3,274 16,046 3,642 — 22,962 Intangible assets acquired1,193 17,677 560 — 19,430 Total assets acquired4,467 33,723 4,202 — 42,392 Total liabilities assumed(1,290)(11,886)(167)— (13,343)Net assets acquired3,177 21,837 4,035 — 29,049 Goodwill$5,871 $30,495 $2,472 $— $38,838 

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NOTE 17 - COMMITMENTS AND CONTINGENCIES

From time to time, the Company is a party to various legal proceedings arising in the ordinary course of business. While the Company is unable to predict the outcome or estimate the financial impact of these disputes, it believes that the ultimate resolution will not have, either individually or in the aggregate, a material adverse effect on its consolidated financial position, cash flows, or results of operations.

NOTE 18 - OTHER INCOME AND EXPENSE, NET

The components of other (income) expense, net were as followed:  Years Ended December 31,(in thousands)202420232022Interest income$(4,766)$(2,680)$(191)Change in fair value of contingent consideration745 1,738 2,311 Other, net504 (413)596 Other (income) expense, net$(3,517)$(1,355)$2,716 

NOTE 19 - REVENUE

The Company disaggregates revenue based upon our geography and our reportable segments - Service Centers, Innovative Pumping Solutions and Supply Chain Services. Each of our geographic and