Acquisitions	6 Months Ended
Jun. 30, 2017
Acquisitions [Abstract]
Acquisitions	NOTE 3. ACQUISITIONS We believe that our acquisitions of businesses and other assets enhance our existing businesses by either expanding our geographic range and customer base or expanding our existing product lines. On June 15, 2017, we acquired the assets of two software companies that expand our suite of technology applications for the veterinary profession, specifically related to patient referral management and other connectivity needs between practices and other parties. The combined purchase price of $15 million consists of $12 million paid at closing and a $3 million contingent payment to be paid within 36 months on the successful achievement of commercial goals. We are in the process of finalizing the valuation of the acquired assets. Our preliminary fair value estimate of the assets acquired consists of $13.1 million of goodwill, representing synergies within our broader CAG portfolio, $1.2 million of customer relationship intangibles and $0.7 million of technology intangible assets. Goodwill related to these acquisitions is expected to be deductible for income tax purposes. These amounts are subject to change upon finalizing the valuation. The amount of net tangible assets acquired was immaterial. Pro forma information has not been presented for these acquisitions because such information is not material to our financial statements. The results of operations have been included in our CAG segment since the acquisition date. During the first quarter of 2017, we acquired a reference laboratory in Austria for approximately $1.3 million, with the majority of the acquisition price valued as an intangible asset.

NOTE 3. ACQUISITIONS

We believe that our acquisitions of businesses and other assets enhance our existing businesses by either expanding our geographic range and customer base or expanding our existing product lines.

On June 15, 2017, we acquired the assets of two software companies that expand our suite of technology applications for the veterinary profession, specifically related to patient referral management and other connectivity needs between practices and other parties. The combined purchase price of $15 million consists of $12 million paid at closing and a $3 million contingent payment to be paid within 36 months on the successful achievement of commercial goals. We are in the process of finalizing the valuation of the acquired assets. Our preliminary fair value estimate of the assets acquired consists of $13.1 million of goodwill, representing synergies within our broader CAG portfolio, $1.2 million of customer relationship intangibles and $0.7 million of technology intangible assets. Goodwill related to these acquisitions is expected to be deductible for income tax purposes. These amounts are subject to change upon finalizing the valuation. The amount of net tangible assets acquired was immaterial. Pro forma information has not been presented for these acquisitions because such information is not material to our financial statements. The results of operations have been included in our CAG segment since the acquisition date.

During the first quarter of 2017, we acquired a reference laboratory in Austria for approximately $1.3 million, with the majority of the acquisition price valued as an intangible asset.