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ACQUISITIONS (Tables)
6 Months Ended
Jun. 30, 2018
Business Combinations [Abstract]  
Estimated Fair Values of the Assets Acquired and Liabilities Assumed
The following table contains the estimated fair values (using inputs as discussed in Note 13) of the assets acquired and liabilities assumed at the date of acquisition for all acquisitions during the periods presented. A portion of the goodwill included in the table below is expected to provide an income tax benefit.
 
Six Months Ended June 30,
 
2018
 
2017
Accounts receivable
$
12.9

 
$
7.8

Inventory
16.0

 
5.3

Property, plant and equipment
26.5

 
4.5

Goodwill
26.4

 
13.1

Other intangible assets, primarily customer-related intangibles
26.5

 
17.9

Other current and long-term assets
.8

 
.1

Current liabilities
(10.1
)
 
(3.8
)
Long-term liabilities
(10.2
)
 
(3.5
)
Non-controlling interest

 
(.5
)
Fair value of net identifiable assets
88.8

 
40.9

Less: Additional consideration (receivable) payable
(1.4
)
 
2.1

Net cash consideration
$
90.2

 
$
38.8

Summary of Acquisitions
The following table summarizes acquisitions for the periods presented.
Six Months Ended
 
Number of Acquisitions
 
Segment
 
Product/Service
June 30, 2018
 
2
 
Residential Products; Specialized Products
 
Manufacturer and distributor of silt fence; Global manufacturer of engineered hydraulic cylinders
 
 
 
 
 
 
 
June 30, 2017
 
2
 
Residential Products; Furniture Products
 
Distributor and installer of geosynthetic products; Surface-critical bent tube components