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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2014
Acquisitions  
Summary of cumulative consideration paid for acquisitions and preliminary allocation of purchase price paid

 

 

2012

 

2013

 

2014

 

Cash Paid (gross of cash acquired)

 

$
131,972 

 

$321,121(1)

 

$134,301(1)

 

Fair Value of Previously Held Equity Interest

 

4,265 

 

 

794 

 

Fair Value of Noncontrolling Interest

 

1,000 

 

 

 

Total Consideration

 

137,237 

 

321,121 

 

135,095 

 

Fair Value of Identifiable Assets Acquired:

 

 

 

 

 

 

 

Cash, Accounts Receivable, Prepaid Expenses,

 

 

 

 

 

 

 

Deferred Income Taxes and Other

 

18,998 

 

28,532 

 

15,098 

 

Property, Plant and Equipment(2)

 

11,794 

 

44,681 

 

23,269 

 

Customer Relationship Intangible Assets(3)

 

59,479 

 

173,733 

 

60,172 

 

Other Assets

 

4,620 

 

68 

 

3,342 

 

Liabilities Assumed and Deferred Income Taxes(4)

 

(15,947)

 

(67,645)

 

(50,903)

 

Total Fair Value of Identifiable Net Assets Acquired

 

78,944 

 

179,369 

 

50,978 

 

Goodwill Initially Recorded

 

$
58,293 

 

$
141,752 

 

$
84,117 

 

 

 

(1)

Included in cash paid for acquisitions in the Consolidated Statements of Cash Flows for the year ended December 31, 2013 is contingent and other payments of $(76). Included in cash paid for acquisitions in the Consolidated Statements of Cash Flows for the year ended December 31, 2014 is net cash acquired of $(4,704) and contingent and other payments of $(1,504) related to acquisitions made in previous years.

 

(2)

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

 

(3)

The weighted average lives of customer relationship intangible assets associated with acquisitions in 2012, 2013 and 2014 was 17 years, 22 years and 17 years, respectively.

 

(4)

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