Acquisitions (Tables)

3 Months Ended

Dec. 31, 2016

Acquisitions

Schedule of activity of non-controlling interest

	(in thousands)
Balance as of September 30, 2016		13,363
Net income attributable to non-controlling interest		161
Dividends paid to non-controlling interest		—
Balance as of December 31, 2016	$	13,524

Roofing Businesses

Acquisitions

Schedule of estimated fair values of assets acquired and liabilities assumed as of the acquisition date

	(in thousands)
Current assets	$	7,402
Current liabilities		(1,565)
Property, plant and equipment		3,138
Intangible assets:
Customer relationships (12-year life)		3,670
Trade names (indefinite life)		4,801
Intellectual property (20-year life)		10,026
Goodwill		34,284
Long-term liabilities		(4,761)
Net assets acquired	$	56,995

SynMat

Acquisitions

Schedule of estimated fair values of assets acquired and liabilities assumed as of the acquisition date

	(in thousands)
Current assets	$	3,965
Current liabilities		(1,491)
Property, plant and equipment		3,710
Intangible assets:
Contracts (20-year life)		15,220
Customer relationships (15-year life)		2,560
Trade names (indefinite life)		4,790
Goodwill		4,414
Net assets acquired	$	33,168

Krestmark Industries

Acquisitions

Schedule of estimated fair values of assets acquired and liabilities assumed as of the acquisition date

	(in thousands)
Current assets	$	20,731
Current liabilities		(3,884)
Property, plant and equipment		5,597
Intangible assets:
Customer relationships (20 year life)		109,300
Trade name (indefinite life)		36,600
Non-competition agreements (7 year life)		2,410
Goodwill		64,679
Net assets acquired	$	235,433