Acquisition (Tables)

3 Months Ended

Mar. 31, 2018

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table presents the assets acquired and liabilities assumed, based on their fair values and purchase consideration as of the acquisition date (in millions):



	July 10, 2017
Accounts receivable	$	43.2
Other receivables	0.4
Inventories	35.5
Deposits and prepayments	10.2
Property and equipment	43.1
Goodwill (tax deductible)	36.8
Other intangible assets	22.6
Less: Capital lease liability	(15.8		)
Less: Accrued liabilities, and other	(2.0		)
Total consideration	$	174.0

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

The Company finalized its valuation of its beginning goodwill and intangible assets during the fourth quarter ended December 31, 2017. Based on the valuation, intangible assets acquired include the following (in millions):



	Fair Value in Millions		Useful Life in Years
Customer relationships	$	19.7	9-11
Non-competition agreements	0.1		4-6
Trade names	2.8		1-2
Total Other intangible assets	$	22.6