ACQUISITIONS AND DIVESTITURES (TABLES)

6 Months Ended

Jun. 30, 2017

ACQUISITIONS [ABSTRACT]

Schedule of Assets Acquired and Liabilities Assumed

The following summarizes the preliminary estimated fair values of the indentifiable assets acquired and liabilities assumed as of the acquitision date (in thoudands):

	Preliminary
	Estimate of
	Acquisition Date
	Fair Value
Cash	$	—
Accounts receivable, net		15,959
Prepaid expenses		241
Other current assets		51
Property, plant and equipment		7,594
Customer relationships		32,500
Goodwill		36,772
	$	93,117
Accounts payable	$	1
Accrued employee compensation and benefits		346
Accrued expenses		386
Deferred tax liabilities		14,273
Deferred revenue		399
	$	15,405
Total purchase price	$	77,712

The following summarizes the fair values of the identifiable assets acquired and liabilities assumed as of the acquisition date (in thousands):

	Acquisition Date
	Fair Value
Cash	$	2,655
Accounts receivable, net		18,449
Other assets		615
Property, plant and equipment		3,161
Deferred tax assets, net		583
Customer relationships		10,500
Goodwill		20,330
	$	56,293
Accounts payable	$	1,199
Accrued employee compensation and benefits		2,418
Accrued expenses		2,597
Other		1,678
	$	7,892
Total purchase price	$	48,401

Assets and Liabilities Held for Sale

The following table presents information related to the major components of assets and liabilities that were classified as held for sale in the Consolidated Balance Sheet as of June 30, 2017.

	As of
	June 30, 2017
Cash	$	—
Accounts receivable, net		8,179
Allowance for doubtful accounts		(51)
Other assets		617
Property, plant and equipment		1,010
Deferred tax assets, net		—
Customer relationships		3,888
Goodwill		3,033
Other intangible assets		771
Allowance for reduction of assets held for sale		(8,478)
Total assets	$	8,969
Accounts payable	$	668
Accrued employee compensation and benefits		754
Accrued expenses		272
Other		214
Total liabilities	$	1,908