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BUSINESS COMBINATIONS (Tables)
6 Months Ended
Jun. 30, 2016
Business Combinations [Abstract]  
Allocation of Consideration
The Company accounted for the Cutex International Acquisition as a business combination in the second quarter of 2016. The table below summarizes the allocation of the total consideration of $29.1 million paid on the Cutex International Acquisition Date:
 
Fair Value at May 31, 2016
Inventory
$
0.8

Purchased Intangible Assets (a)
19.7

Goodwill
8.6

        Total consideration transferred
$
29.1


(a) Purchased intangible assets include customer networks fair valued at $14.0 million, intellectual property fair valued at $0.9 million, which are amortized over useful lives of 15 and 10 years, respectively, and indefinite lived trade names fair valued at $4.8 million.