Business Combinations (Tables)

3 Months Ended

Mar. 31, 2017

Schedule of Fair Values of Assets Acquired and Liabilities Assumed for Acquisitions

Following is a summary of our allocations of the purchase price to the fair values of the assets acquired and liabilities assumed as of the date of each acquisition:



	BuildIT			LPT			MWF
	(Final)			(Preliminary)			(Preliminary)
Accounts receivable	$	237		$	54		$	150
Inventory	—			322			—
Other assets	36			160			666
Deferred income tax assets	—			1,112			—
Intangible assets	1,015			5,474			1,816
Goodwill ⁽¹⁾	3,393			11,922			5,364
Accounts payable and accrued liabilities	(95		)	(747		)	(700		)
Other liabilities	(471		)	(1,086		)	(345		)
Deferred income tax liability	(205		)	—			(364		)
Total purchase price, net of cash acquired	$	3,910		$	17,211		$	6,587

⁽¹⁾The goodwill arising from the acquisitions consists largely of the expected synergies from combining operations as well as the value of the workforce. The goodwill is not expected to be tax deductible.

Summary of the Purchase Price Preliminarily Allocated to the Intangible Assets Acquired for the Acquisitions

Following are the details of the purchase price allocated to the intangible assets acquired for the acquisitions noted above:



	BuildIT (Final)			LPT (Preliminary)			MWF Preliminary
	Amount		Weighted Average Life (Years)	Amount		Weighted Average Life (Years)	Amount		Weighted Average Life (Years)
Trade name	$	346	7	$	64	1	$	36	1
Non-competition agreement	31		5	—		0	3		2
Technology	361		7	4,260		7	951		5
Customer relationship	277		7	1,150		7	826		5
Fair value of intangible assets acquired	$	1,015	7	$	5,474	7	$	1,816	5