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Acquisition (Tables)
3 Months Ended
Mar. 31, 2013
Acquisition  
Summary of the final purchase price allocation

 

Estimated Fair Value

 

Estimated Useful
Life (years)

 

Consideration:

 

 

 

 

 

Cash paid

 

$

4,894

 

 

 

Holdback consideration

 

400

 

 

 

Contingent consideration

 

1,329

 

 

 

Total consideration

 

$

6,623

 

 

 



Schedule of recognized amounts of identifiable assets acquired and liabilities assumed including intangible assets

Recognized amounts of identifiable assets acquired and liabilities assumed:

 

 

 

 

 

Cash

 

$

20

 

 

 

Other current assets

 

44

 

 

 

Property, plant and equipment

 

4,617

 

 

 

Other assets

 

12

 

 

 

Trade accounts payable

 

(992

)

 

 

Other current liabilities

 

(186

)

 

 

Notes payable and financed liabilities

 

(6,476

)

 

 

Deferred tax liabilities

 

(3,062

)

 

 

Net tangible liabilities acquired

 

(6,023

)

 

 

Existing customer contracts and relationships

 

4,770

 

10.0

 

Technology

 

930

 

6.0

 

Trademark and tradename

 

300

 

10.0

 

Non-compete agreement

 

250

 

2.0

 

Other intangibles

 

95

 

10.0

 

Goodwill

 

6,301

 

 

 

Total purchase price

 

$

6,623