Transactions to acquire ownership interest from noncontrolling shareholders during the six months ended January 31, 2014 and during fiscal year 2013, which were recorded at amounts that approximated fair value, are summarized in the following table.

	Six Months Ended January 31, 2014		Fiscal Year Ended July 31, 2013
Purchases of noncontrolling interests:
Purchase of 344 Walsh common shares (1)	$	5,653	$	---
Purchase of 3,705 Walsh common shares (2)		1,120,749		---
Purchase of 100 Walsh common shares (3)		30,250		---
Purchase of 50 Walsh common shares (4)		---		18,316
Purchase of 25 Lowham common shares (5)		---		8,737
Purchase of 495 Walsh common shares (6)		---		243,653
Purchase of 2,800 Gustavson common shares (7)		---		293,102
Purchase of 370 Walsh common shares (8)		---		182,125
Purchase of 75 Lowham common shares (9)		---		30,002
Total purchases of additional noncontrolling interests (10)	$	1,156,652	$	775,935

(1)

In January 2014, EEI purchased an additional 0.9% of Walsh Environmental Scientists and Engineers, LLC (“Walsh”) from noncontrolling shareholders for $0.1 million in cash. Walsh became a wholly-owned subsidiary of EEI as a result of these transactions.

(2)

In October 2013, EEI purchased an additional 9.4% of Walsh for $1.6 million. The purchase price was paid as follows: (i) one third in cash payable on the transaction consummation date; (ii) one third payable with EEI Common Stock on the transaction consummation date; and (iii) one third payable with a promissory note payable in two annual installments of one half the principal plus interest accrued at 3.25% per annum.

(3)

In October 2013, EEI purchased an additional 0.2% of Walsh for less than $0.1 million in cash.

(4)

In April 2013, EEI purchased an additional 0.1% of Walsh from noncontrolling shareholders for less than $0.1 million in cash.

(5)

In March 2013, Lowham-Walsh Engineering & Environment Services LLC (“Lowham”), a subsidiary of Walsh, purchased shares from noncontrolling shareholders for less than $0.1 million in cash.

(6)

In January 2013, EEI purchased an additional 1.3% of Walsh from noncontrolling shareholders for $0.2 million. Two thirds of the purchase price was paid in cash while the remaining one third was paid for with EEI stock.

(7)

In December 2012, Gustavson Associates, LLC (“Gustavson”) purchased an additional 6.7% of its shares from noncontrolling shareholders for $0.4 million. Half of the purchase price was paid in cash and Gustavson issued a three year note for the other half.

(8)

In December 2012, EEI purchased an additional 0.9% of Walsh from noncontrolling shareholders for $0.2 million in cash.

(9)

During the three months ending October 31, 2012, Lowham purchased shares from noncontrolling shareholders for less than $0.1 million in cash.

(10)

Purchases of additional noncontrolling interests are recorded as reductions of shareholders’ equity on the condensed consolidated statements of shareholders’ equity.