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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2018
Cable Exchange [Member]  
Allocation of Purchase Price

The allocation of the purchase price, based on estimates of the fair values of the assets acquired and liabilities assumed, is as follows (in millions):

 

 

Estimated Fair

Value

 

Cash and cash equivalents

 

$

3.5

 

Accounts receivable

 

 

6.4

 

Inventory

 

 

4.4

 

Property, plant and equipment

 

 

0.9

 

Goodwill

 

 

49.6

 

Identifiable intangible assets

 

 

61.1

 

Less: Liabilities assumed

 

 

(2.7

)

Net acquisition cost

 

$

123.2