Acquisitions (Tables)

9 Months Ended

Sep. 30, 2017

Assets Or Stock Of Multiple Dealership Locations Acquired

Acquisitions

Summary of the purchase price allocations

	Nine Months Ended September 30,				Estimated
($ in thousands)	2017		2016		Life
Tangible assets (liabilities) acquired (assumed):
Accounts receivable	$	1,306	$	944
Inventory		98,869		29,713
Property and equipment		835		635
Other assets		72		142
Accrued liabilities		(3,019)		(2,231)
Other liabilities				(75)
Total tangible net assets acquired		98,063		29,128
Intangible assets acquired:
Membership and customer lists		793		2,774	4-7 years
Total intangible assets acquired		793		2,774
Goodwill		143,788		35,786
Purchase price		242,644		67,688
Inventory purchases financed via floor plan		(79,321)		(22,265)
Cash payment net of floor plan financing	$	163,323	$	45,423

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		8,436
Accrued liabilities		(373)
Total tangible net assets acquired		18,070
Intangible assets acquired:
Trademarks and trade names		14,800	15 years
Membership and customer lists		500	6 years
Websites		1,900	10 years
Total intangible assets acquired		17,200
Goodwill		1,329
Purchase price		36,599
Contingent consideration unpaid at September 30, 2017		(1,021)
Cash paid for acquisition	$	35,578

TheHouse.com

Acquisitions

Summary of the purchase price allocations

	Estimated		Estimated
($ in thousands)	Fair Value		Life
Tangible assets (liabilities) acquired (assumed):
Cash and cash equivalents	$	501
Accounts receivable		159
Inventory		36,317
Prepaid expenses and other assets		1,120
Property and equipment		548
Accounts payable		(7,582)
Accrued liabilities		(827)
Deferred tax liabilities		(6,016)
Total tangible net assets acquired		24,220
Intangible assets acquired:
Trademarks and trade names		14,039	15 years
Websites		4,090	10 years
Total intangible assets acquired		18,129
Goodwill		28,683
Purchase price		71,032
Cash and cash equivalents acquired		(501)
Non-cash consideration - Class A shares issued		(5,720)
Cash paid for acquisition, net of cash acquired	$	64,811

W82

Acquisitions

Summary of the purchase price allocations

	Estimated
($ in thousands)	Fair Value
Tangible assets (liabilities) acquired (assumed):
Inventory	$	847
Prepaid expenses and other assets		7
Property and equipment		546
Accrued liabilities		(790)
Total tangible net assets acquired		610
Goodwill		1,497
Purchase price	$	2,107