Acquisitions

12 Months Ended

Aug. 28, 2010

Acquisitions [Abstract]

Acquisitions

2. Acquisitions

During the fiscal year ended August 27, 2011, the Company acquired nine businesses with an aggregate purchase price of approximately $32.6 million.  The results of operations of these acquisitions have been included in the Company's consolidated financial results since their respective acquisition dates. None of these acquisitions was significant in relation to the Company's consolidated financial results and, therefore, pro forma financial information has not been presented.

Aggregate information relating to the acquisition of businesses which were accounted for as purchases is as follows (in thousands, except number of businesses acquired):

Year ended	August 27, 2011		August 28, 2010		August 29, 2009
Number of businesses acquired		9		9		12
Tangible assets acquired	$	6,189	$	3,795	$	467
Intangible assets and goodwill acquired		26,367		17,113		4,263
Acquisition of businesses	$	32,556	$	20,908	$	4,730

Tangible assets acquired primarily relate to accounts receivable, inventory and property, plant and equipment. Liabilities assumed primarily relate to accounts payable and accrued liabilities.

The following details the changes in intangible assets and goodwill related to our acquisitions, which includes changes related to additional payments associated with prior year acquisitions as well as changes to purchase allocations that had not been finalized as of the end of the prior fiscal year, for the years ended August 27, 2011 and August 28, 2010 as well as the respective periods over which the assets will be amortized (in thousands, except weighted average life in years):

Year ended	August 27, 2011		Weighted Average Life in Years	August 28, 2010		Weighted Average Life in Years
Goodwill	$	16,014	N/A	$	10,584	N/A
Customer contracts		9,588	14.4		6,008	15.0
Other intangible assets		765	5.1		521	5.0
Total intangible assets and goodwill acquired	$	26,367		$	17,113

The amount assigned to intangible assets acquired was based on their respective fair values determined as of the acquisition date.  The excess of the purchase price over the tangible and intangible assets was recorded as goodwill. In both fiscal 2011 and 2010 all of the goodwill was allocated to the US and Canadian Rental and Cleaning segment.  Goodwill is not being amortized and is tested for impairment as required, at least annually.