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Business Acquisitions, Disposition of Assets, Asset Impairments and Restructuring Charges
12 Months Ended
Dec. 31, 2013
Business Combinations [Abstract]  
Business Acquisitions, Disposition of Assets, Asset Impairments and Restructuring Charges
BUSINESS ACQUISITIONS, DISPOSITION OF ASSETS, ASSET IMPAIRMENTS AND RESTRUCTURING CHARGES
Acquisitions
We acquired various solid waste businesses during the years ended December 31, 2013 and 2012. The aggregate cash used in these acquisitions, net of cash acquired, was $68.7 million and $95.3 million, respectively. The purchase price paid for these acquisitions during the years ended December 31, 2013 and 2012 and the allocation of the purchase price is as follows:
 
 
2013
 
2012
Purchase price:
 
 
 
Cash used in acquisitions, net of cash acquired
$
68.7

 
$
95.3

Holdbacks
8.4

 
0.2

Total
77.1

 
95.5

Allocated as follows:
 
 
 
Working capital
1.0

 
4.0

Property and equipment
18.2

 
29.1

Other liabilities, net
(4.3
)
 
(5.8
)
Fair value of assets acquired and liabilities assumed
14.9

 
27.3

Excess purchase price to be allocated
$
62.2

 
$
68.2

Excess purchase price to be allocated as follows:
 
 
 
Other intangible assets
23.2

 
17.1

Goodwill
39.0

 
51.1

Total allocated
$
62.2

 
$
68.2


Substantially all of the goodwill and intangible assets recorded for these acquisitions are deductible for tax purposes. The pro forma effect of these acquisitions, individually and collectively, was not material.
Disposition of Assets and Asset Impairments
During the year ended December 31, 2013, we recorded a net gain on disposition of assets and impairments of $1.9 million, primarily related to the contingent sale price of $1.0 million received during the first quarter of 2013 in connection with a 2011 business divestiture in our West Region, and the disposal of a business in one market in our West Region, which resulted in a gain of $0.9 million and proceeds of $1.7 million.
During the year ended December 31, 2012, we recorded a net gain on disposition of assets and impairments of $2.7 million, primarily related to a divestiture of a collection business in our East Region and certain assets associated with our rail logistics business for which we received $9.6 million.
During the year ended December 31, 2011, we disposed of businesses in various markets, resulting in a gain of $21.0 million. In connection with the dispositions, we closed a landfill, resulting in an asset impairment charge of $28.7 million for the remaining landfill assets and the acceleration of capping, closure and post-closure obligations. Additionally, we recorded asset impairments of $20.4 million primarily related to certain long-lived assets that were held for sale and for losses on the divestiture of certain businesses and related goodwill. Proceeds from dispositions of solid waste assets were $14.2 million.
Restructuring Charges

During 2012, we restructured our field and corporate operations to create a more efficient and competitive company. These changes include consolidating our field regions from four to three and our areas from 28 to 20, relocating office space, and reducing administrative staffing levels. During the years ended December 31, 2013 and 2012, we incurred $8.6 million and $11.1 million, respectively, of restructuring charges, which consisted of severance and other employee termination benefits, relocation benefits, and the closure of offices with non-cancellable lease terms ranging from 2 to 5 years. During the year ended December 31, 2013, we paid $15.8 million related to these restructuring charges. As of December 31, 2013, $1.8 million remains accrued for severance and other employee termination benefits and lease exit costs. We expect any future expense related to such activities to be immaterial. Substantially all of these charges were recorded in our corporate segment.