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BUSINESS COMBINATIONS (Tables)
3 Months Ended
Mar. 31, 2016
Business Combinations [Abstract]  
Allocation of Consideration
The table below summarizes the allocation of the total consideration of $34.6 million paid on the CBB Acquisition Date.
 
Amounts recognized at April 21, 2015
(Provisional)(a)
 
Measurement Period Adjustments
 
Amounts recognized at April 21, 2015
(Adjusted)
Total Tangible Net Assets Acquired (b)
$
3.9

 
$
(1.6
)
 
$
2.3

Purchased Intangible Assets (c)
11.9

 
0.2

 
12.1

Goodwill
18.8

 
0.7

 
19.5

        Total consideration transferred
$
34.6

 
$
(0.7
)
 
$
33.9


(a) As previously reported in the Company's Form 10-Q for the fiscal period ended June 30, 2015.

(b) Total net assets acquired in the CBB Acquisition are comprised primarily of inventory, trade receivables and accounts payable.

(c) Purchased intangible assets include customer networks which were valued at $7.0 million, distribution rights valued at $3.5 million and trade names valued at $1.6 million, amortized over useful lives of 14, 5 and 8 years, respectively.