Acquisitions (Tables)

9 Months Ended

Sep. 30, 2013

Acquisitions

Summary of cumulative consideration paid for acquisitions and preliminary allocation of purchase price

A summary of the cumulative consideration paid and the preliminary allocation of the purchase price paid for acquisitions in 2013 through September 30, 2013 is as follows:

Cash Paid (gross of cash acquired)	$	125,487	(1)
Total Consideration		125,487
Fair Value of Identifiable Assets Acquired:
Cash, Accounts Receivable, Prepaid Expenses, Deferred Income Taxes and Other		18,607
Property, Plant and Equipment(2)		18,332
Customer Relationship Assets(3)		56,100
Other Assets		13
Liabilities Assumed and Deferred Income Taxes(4)		(26,649	)
Total Fair Value of Identifiable Net Assets Acquired		66,403
Goodwill Initially Recorded	$	59,084

(1)

Included in cash paid for acquisitions in the accompanying Consolidated Statements of Cash Flows for the nine months ended September 30, 2013 is cash received of $2,806 related to acquisitions made in the current and previous years.

(2)

Consists primarily of racking structures, leasehold improvements and computer hardware and software.

(3)

The weighted average lives of customer relationship assets associated with acquisitions to date in 2013 was 18 years.

(4)

Consists primarily of accounts payable, accrued expenses, notes payable, deferred revenue and deferred income taxes.