Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATIONS (Tables)

v2.4.0.8
BUSINESS COMBINATIONS (Tables)
9 Months Ended
Sep. 30, 2014
Business Combinations [Abstract]  
Schedule of purchase price allocation

The fair values of major classes of assets acquired and liabilities assumed along with the contingent consideration liability recorded at the date of acquisition is included in the reconciliation of the total consideration as follows (in thousands):

 

Accounts receivable, net   $ 2,360  
Materials and supplies     477  
Prepaid expenses     167  
Equipment and property     4,370  
Goodwill     40,521  
Customer contracts     35,089  
Other intangible assets     8,403  
Current liabilities     (6,784 )
Other assets and liabilities, net     (5,074 )
Total consideration paid   $ 79,529  
Less:  Common Stock Payment     (16,413 )
Less:  Contingent consideration liability     (3,456 )
Total cash purchase price   $ 59,660  
Schedule of components of intangible assets

The following table sets forth the components of intangible assets as of September 30, 2014 (in thousands):

 

        Usefull Life
Intangible Asset   Fair Value   in Years
Customer contracts   $ 118,500        3 - 12.5  
Non-compete agreements     6,740        3 - 20  
Trademarks and tradenames     18,914        0 - 20  
Patents     3,740       15  
Internet domains     2,227       n/a  
Know How     165       10  
Total customer contracts and other intangible assets   $ 150,286