Acquisitions (Tables)

6 Months Ended

Jun. 30, 2017

Assets Or Stock Of Multiple Dealership Locations Acquired

Acquisitions

Summary of the purchase price allocations

	Six Months Ended June 30,				Estimated
($ in thousands)	2017		2016		Life
Tangible assets (liabilities) acquired (assumed):
Accounts receivable	$	1,522	$	944
Inventory		84,211		25,663
Property and equipment		792		635
Other assets		46		142
Accrued liabilities		(2,872)		(2,277)
Total tangible net assets acquired		83,699		25,107
Intangible assets acquired:
Membership and customer lists		793		1,349	4-7 years
Total intangible assets acquired		793		1,349
Goodwill		132,119		33,795
Purchase price		216,611		60,251
Inventory purchases financed via floor plan		(71,124)		(22,265)
Cash payment net of floor plan financing	$	145,487	$	37,986

Gander Mountain and Overton's

Acquisitions

Summary of the purchase price allocations

	Estimated		Estimated
($ in thousands)	Fair Value		Life
Tangible assets (liabilities) acquired (assumed):
Inventory	$	9,965
Prepaid expenses and other assets		42
Property and equipment		3,780
Accrued liabilities		(373)
Total tangible net assets acquired		13,414
Intangible assets acquired:
Trademarks and trade names		17,900	15 years
Membership and customer lists		500	6 years
Total intangible assets acquired		18,400
Goodwill		4,660
Purchase price		36,474
Contingent consideration unpaid at June 30, 2017		(1,025)
Cash paid for acquisition	$	35,449