ACQUISITIONS (Tables)

9 Months Ended

Sep. 30, 2015

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following is a summary of the allocation of purchase consideration to the estimated fair value of net assets for the acquisition of Freightquote (in thousands):



Cash and cash equivalents	$	29,302
Receivables	56,228
Other current assets	2,395
Property and equipment	43,687
Identifiable intangible assets	37,800
Goodwill	274,526
Trademarks	8,600
Other noncurrent assets	3,421
Total assets	455,959

Accounts payable	(41,897		)
Accrued expenses	(5,485		)
Other liabilities	(9,970		)
Estimated net assets acquired	$	398,607

Schedule of Finite-Lived Intangible Assets by Major Class

A summary of our other intangible assets, with finite lives, which include primarily customer relationships and non-competition agreements, is as follows (in thousands):



	September 30, 2015			December 31, 2014
Gross	$	171,172		$	133,372
Accumulated amortization	(55,294		)	(36,917		)
Net	$	115,878		$	96,455

Identifiable intangible assets and estimated useful lives are as follows (dollars in thousands):



	Estimated Life (years)
Customer relationships	5	$	37,500
Noncompete agreements	5	300
Total identifiable intangible assets		$	37,800

Pro Forma Information

On an unaudited pro forma basis, assuming the Freightquote acquisition had closed on January 1, 2014, the results of C.H. Robinson including Freightquote, for the three and nine month periods ending September 30, 2014, would have resulted in the following (in thousands):



	Three Months Ended September 30, 2014
	C.H. Robinson		Freightquote		Combined
	As Reported		Operations		Pro Forma
Total revenues	$	3,467,362	$	165,201	$	3,632,563
Income from operations	203,337		7,716		211,053



	Nine Months Ended September 30, 2014
	C.H. Robinson		Freightquote		Combined
	As Reported		Operations		Pro Forma
Total revenues	$	10,112,865	$	468,907	$	10,581,772
Income from operations	560,690		16,593		577,283

Business Acquisition, Pro Forma Information, Nonrecurring Adjustments

Freightquote pro forma financial information includes the following adjustments (in thousands):



	Three Months Ended September 30, 2014			Nine Months Ended September 30, 2014
Additional amortization expense on identifiable intangible assets	$	(1,890	)	$	(5,670	)
Other	1,009			2,948