Acquisition	12 Months Ended
Dec. 31, 2020
Acquisition [Abstract]
Acquisition	17. ACQUISITION On December 1, 2020, we purchased Shingle & Gibb Automation, LLC, a leading control and automation solutions provider with a successful track record of distributing, developing, and implementing advanced industrial automation systems, for a preliminary purchase price of $27.2 million in cash, net of cash acquired. The acquisition will help Graybar accelerate growth, diversify our business, extend our reach, and enhance our profitability. The preliminary purchase price allocation resulted in $7.0 million and $18.1 million of tax deductible goodwill and other intangible assets, respectively. Since the date of acquisition, Shingle & Gibb Automation, LLC. results are reflected in our consolidated financial statements. Pro forma results of the acquisition were not material; therefore, they are not presented.

Acquisition

12 Months Ended

Dec. 31, 2020

17. ACQUISITION

On December 1, 2020, we purchased Shingle & Gibb Automation, LLC, a leading control and automation solutions provider with a successful track record of distributing, developing, and implementing advanced industrial automation systems, for a preliminary purchase price of $27.2 million in cash, net of cash acquired. The acquisition will help Graybar accelerate growth, diversify our business, extend our reach, and enhance our profitability. The preliminary purchase price allocation resulted in $7.0 million and $18.1 million of tax deductible goodwill and other intangible assets, respectively.

Since the date of acquisition, Shingle & Gibb Automation, LLC. results are reflected in our consolidated financial statements. Pro forma results of the acquisition were not material; therefore, they are not presented.