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Acquisition
9 Months Ended
Sep. 30, 2016
Business Combinations [Abstract]  
Acquisition
ACQUISITIONS

In April 2015, we acquired 100% of the outstanding capital stock of Advantage Industrial Automation, Inc. (“Advantage”), which provides control and automation solutions to industrial users, OEMs and system integrators, for $18,093 in cash, net of cash acquired. The purchase price allocation resulted in approximately $7,057 and $8,283 of tax deductible goodwill and other intangible assets, respectively.

On July 1, 2016, we purchased Cape Electrical Supply ("Cape Electric"), a regional distributor serving electrical contractors and large engineering construction firms, as well as industrial, institutional and utility customers, for approximately $59,946 in cash, net of cash acquired. The purchase price allocation is preliminary pending finalization of the valuation of the long lived assets including acquired intangible assets, which is expected to be completed in the fourth quarter of 2016. The preliminary purchase price allocation resulted in approximately $16,544 and $23,586 of tax deductible goodwill and other intangible assets, respectively.

Since the date of acquisition, Advantage and Cape Electric results are reflected in our Condensed Consolidated Financial Statements. Pro forma results of these acquisitions are not material; therefore, they are not presented.