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ACQUISITIONS (Tables)
9 Months Ended
Sep. 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.
 
Nine Months Ended September 30,
 
2018
 
2017
Accounts receivable
$
19.6

 
$
10.0

Inventory
26.1

 
6.3

Property, plant and equipment
28.2

 
14.6

Goodwill
27.7

 
12.8

Other intangible assets, primarily customer-related intangibles
28.9

 
19.5

Other current and long-term assets
.8

 
1.1

Current liabilities
(12.3
)
 
(4.6
)
Long-term liabilities
(10.2
)
 
(5.6
)
Non-controlling interest

 
(.5
)
Fair value of net identifiable assets
108.8

 
53.6

Less: Additional consideration payable
.9

 
2.8

Less: Common stock issued for acquired companies

 
11.8

Net cash consideration
$
107.9

 
$
39.0

Summary of Acquisitions
The following table summarizes acquisitions for the periods presented.
Nine Months Ended
 
Number of Acquisitions
 
Segment
 
Product/Service
September 30, 2018
 
3
 
Residential Products;

Specialized Products
 
Manufacturer/distributor of geo components; Manufacturer and distributor of silt fence; Global manufacturer of engineered hydraulic cylinders
 
 
 
 
 
 
 
September 30, 2017
 
3
 
Residential Products;

Furniture Products
 
Distributor and installer of geosynthetic products; Carpet cushion; Surface-critical bent tube components