Acquisitions (Tables)

12 Months Ended

Dec. 31, 2013

Summary of Consideration Transferred To Acquire Businesses And Amounts of Identifiable Assets Acquired, Liabilities Assumed and Noncontrolling Interests

The following table summarizes the consideration transferred to acquire these businesses and the amounts of identifiable assets acquired, liabilities assumed and noncontrolling interests associated with businesses acquired at the acquisition date for acquisitions consummated in the years ended December 31, 2013, 2012 and 2011: 

	2013 Acquisitions		2012 Acquisitions		2011 Acquisitions
Fair value of consideration transferred:
Cash	$	64,156	$	241,525	$	257,852
Debt assumed*		-		12,986		84,737
Notes issued to sellers		-		-		10,656
Contingent consideration		40		21,314		22,486
		64,196		275,825		375,731
Recognized amounts of identifiable assets acquired, liabilities assumed and noncontrolling interests associated with businesses acquired:
Accounts receivable		211		10,874		9,613
Other current assets		317		1,062		1,056
Restricted assets		-		6,725		-
Property and equipment		12,775		127,023		114,463
Long-term franchise agreements and contracts		1,043		10,307		3,269
Indefinite-lived intangibles		-		35,344		42,283
Customer lists		13,024		21,837		34,463
Permits		-		2,295		10,367
Other long-term assets		-		185		-
Deferred revenue		(539)		(5,056)		(6,376)
Accounts payable		(735)		(3,393)		(6,183)
Accrued liabilities		(1,034)		(2,139)		(2,398)
Noncontrolling interests		-		-		(251)
Other long-term liabilities		(767)		(3,480)		(2,145)
Deferred income taxes		-		-		(11,466)
Total identifiable net assets		24,295		201,584		186,695
Goodwill	$	39,901	$	74,241	$	189,036

____________________

*Debt assumed as part of 2011 and 2012 acquisitions was paid at close of acquisition.

Pro Forma Results of Operations

The following pro forma results of operations assume that the Company’s significant acquisitions occurring in 2012 and 2011, including the R360 acquisition, were acquired as of January 1, 2011 (unaudited):

	Years Ended December 31,
	2012		2011
Total revenue	$	1,866,458	$	1,792,220
Net income		164,176		184,109
Basic income per share		1.35		1.63
Diluted income per share		1.35		1.62

R360 Environmental Solutions Inc [Member]

Summary of Consideration Transferred To Acquire Businesses And Amounts of Identifiable Assets Acquired, Liabilities Assumed and Noncontrolling Interests

The following table summarizes the consideration transferred to acquire the R360 business and the amounts of identifiable assets acquired and liabilities assumed:

Fair value of consideration transferred:
Cash	$	1,338,344
Debt assumed*		9,306
Contingent consideration		37,293
		1,384,943
Recognized amounts of identifiable assets acquired and liabilities assumed associated with businesses acquired:
Accounts receivable		50,161
Other current assets		19,716
Property and equipment		894,651
Indefinite-lived intangibles		27,096
Customer lists		21,016
Accounts payable		(31,702)
Accrued liabilities		(19,286)
Other long-term liabilities		(8,066)
Deferred income taxes		(14,568)
Total identifiable net assets		939,018
Goodwill	$	445,925

____________________

*Debt assumed was paid at close of acquisition.

Contingent Consideration of Obligations Related to Previous Acquisitions

Contingent consideration consists of obligations assumed by the Company related to previous acquisitions completed by R360, and consists of the following:

Prairie Disposal contingent consideration	$	24,376
Oilfield Holdings contingent consideration		8,000
Calpet contingent consideration		4,176
Claco Services contingent consideration		741
	$	37,293