Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATIONS (Tables)

v2.4.1.9
BUSINESS COMBINATIONS (Tables)
 3 Months Ended
Mar. 31, 2015
Business Combinations [Abstract]  
Schedule of purchase price allocation

The preliminary values of major classes of assets acquired and liabilities assumed recorded at the date of acquisition, which will be adjusted during the valuation period, are included in the reconciliation of the total consideration as follows (in thousands):

 

Accounts receivable, net   $ 1,281  
Materials and supplies     57  
Prepaid expenses     (40 )
Equipment and property     512  
Goodwill     17,858  
Customer contracts     4,223  
Other intangible assets     5,219  
Current liabilities     (948 )
Other assets and liabilities, net     83  
Total cash purchase price   $ 28,245  
Schedule of components of intangible assets

Customer contracts and other amortizable intangible assets are amortized on a straight-line basis over their economic useful lives. The following table sets forth the components of intangible assets as of March 31, 2015 (in thousands):

 

     Carrying   Usefull Life
Intangible Asset   Value   in Years
Customer contracts   $ 102,804        3 - 12.5  
Trademarks and tradenames     18,431        0 - 20  
Non-compete agreements     7,103        3 - 20  
Patents     3,555       15  
Other assets     2,354       10  
Internet domains     2,227        n/a  
Know how     161       10  
Total customer contracts and other intangible assets   $ 136,635