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Business Combinations (Tables)
6 Months Ended
Jan. 31, 2016
Oncura  
Summary of Estimated Fair Values of Separately Identifiable Assets Acquired and Liabilities Assumed

The following table summarizes the purchase price allocation based on preliminary estimates of the fair values of the separately identifiable assets acquired and liabilities assumed as of the acquisition date. The fair value measurements of intangibles, property, plant and equipment and deferred revenue were based upon significant inputs not observable in the market and therefore represent fair value measurements based on Level 3 inputs, as defined in Note 7, Fair Value Measurements. These are preliminary balances as we continue to obtain information to complete our valuation of these accounts and the associated tax accounting:

 

(in millions)              

Cash

      $ 0.4   

Accounts receivable

        0.3   

Inventory

        0.1   

Other assets

        0.4   

Property, plant, and equipment

        0.2   

Goodwill

        16.3   

Intangible assets:

     

Tradename (estimated useful life of 5 years)

   $ 1.0      

Customer relationships (estimated useful life of 6 years)

     3.1      
  

 

 

    

Total intangible assets

        4.1   
     

 

 

 

Total assets acquired

        21.8   

Accounts payable and accrued expenses

     (1.6   

Deferred revenue

     (0.9   
  

 

 

    

Total liabilities assumed

        (2.5
     

 

 

 

Total purchase price

      $ 19.3