Acquisitions (Tables)

The useful lives assigned to intangible assets were as follows (in years):


			Useful Lives
Trade names and trademarks			20.0
Developed software / patented technology			15.0
Non-competition / restrictive covenant agreements			3.0
Total weighted average useful life			15.2

The composition of the purchase price recorded for June was as follows (dollars in thousands):


Cash	$	108,285
Fair value of equity interest	24,144
Settlement of existing contractual relationship	9,776
Total	$	142,205

The allocation of purchase price recorded for June was as follows (dollars in thousands):


Cash	$	6,046
Inventory	480
Accounts receivable	85
Prepaid expenses and other current assets	617
Property and equipment	104
Intangibles	109,700
Goodwill	53,193
Accounts payable	(870)
Accrued expenses	(2,670)
Other long-term liabilities	(24,480)
Total	$	142,205

The gross carrying amounts allocated to intangible assets were as follows (dollars in thousands):


Trade names and trademarks	$	17,000
Developed software / patented technology	87,000
Non-competition / restrictive covenant agreements	5,700
Total	$	109,700

The composition of the purchase price recorded for RMC was as follows (dollars in thousands):


Cash	$	26,275
Equity consideration issued by the Company	14,582
Total	$	40,857

The allocation of purchase price recorded for RMC was as follows (dollars in thousands):