Acquisitions

6 Months Ended

Jun. 30, 2013

Acquisitions

Acquisitions

Note 2. Acquisitions

We completed three acquisitions within our Residential Services, ResCare HomeCare and Youth Services segments during the first six months of 2013. Aggregate consideration for these acquisitions was approximately $3.8 million, including $0.3 million of notes issued and net settlement of management fees of $1.2 million. The operating results of the acquisitions are included in the condensed consolidated financial statements from the date of acquisition.  Proforma results and other disclosure have not been included as the acquisitions are considered immaterial, individually and in the aggregate.

The preliminary aggregate purchase price for these acquisitions was allocated as follows:

Accounts receivable	$	984
Property and equipment	1
Other intangible assets	1,448
Goodwill	1,363
Other assets	14
Aggregate purchase price	$	3,810

The other intangible assets consist primarily of customer relationships, trade names and covenants not to compete. All intangible assets will be amortized over five to twenty years. We expect all of the $1.4 million of goodwill will be deductible for tax purposes.