Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATIONS (Tables)

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BUSINESS COMBINATIONS (Tables)
 6 Months Ended
Jun. 30, 2014
Business Combinations [Abstract]  
Schedule of purchasep price allocation

The fair values of major classes of assets acquired and liabilities assumed along with the contingent consideration liability recorded at the date of acquisition is included in the reconciliation of the total consideration as follows (in thousands):

 

Accounts receivable, net   $ 2,692  
Materials and supplies     404  
Prepaid expenses     91  
Equipment and property     3,555  
Goodwill     42,248  
Customer contracts     17,896  
Other intangible assets     5,061  
Current liabilities     (5,875 )
Other assets and liabilities, net     31  
Total consideration paid   $ 66,103  
Less:  Contingent consideration liability     (6,443 )
Total cash purchase price   $ 59,660  
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 June 30, 2014 (in thousands):

 

        Usefull Life
Intangible Asset   Fair Value   in Years
Customer contracts   $ 108,905        3 - 12.5  
Non-compete agreements     8,900        3 - 20  
Trademarks and tradenames     15,075        0 - 20  
Patents     3,850       15  
Internet domains     2,227       n/a  
Know How     274       10  
Total customer contracts and other intangible assets   $ 139,231