Acquisitions

3 Months Ended

Jun. 30, 2014

Acquisitions

Acquisitions

Note 2.Acquisitions

We completed two acquisitions within our Residential Services and ResCare HomeCare segments during the first six months of 2014.  Aggregate consideration for these acquisitions was approximately $1.0 million, including $0.1 million of notes issued. 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:

Prepaid assets	$		9
Property and equipment	14
Other intangible assets	574
Goodwill		449
Aggregate purchase price	$		1,046

The other intangible assets consist primarily of customer relationships and covenants not to compete. All intangible assets will be amortized over five to twenty years. We expect all of the $0.4 million of goodwill will be deductible for tax purposes.