XML 51 R29.htm IDEA: XBRL DOCUMENT v2.4.1.9
Acquisitions (Tables)
12 Months Ended
Oct. 31, 2014
Business Combinations [Abstract]  
Final Purchase Price and Related Allocations
(in millions)
Air Serv
 
HHA
 
GBM
 
Airco
 
Alpha
 
Calvert-Jones
 
TEGG
 
Blackjack
 
BEST
Purchase price:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash consideration
$
162.9

 
$
33.7

 
$
19.4

 
$
17.8

 
$
12.2

 
$
6.1

 
$
5.7

 
$
5.2

 
$
2.9

Fair value of contingent consideration

 

 
3.3

 

 

 

 

 

 
1.6

Holdback liability

 

 

 

 

 

 

 

 
0.4

Total consideration
$
162.9

 
$
33.7

 
$
22.7

 
$
17.8

 
$
12.2

 
$
6.1

 
$
5.7

 
$
5.2

 
$
4.9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allocated to:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trade accounts receivable(1)
$
52.7

 
$
3.2

 
$
9.7

 
$
3.2

 
$
4.6

 
$
1.6

 
$
0.3

 
$
4.6

1.2

$
1.2

Other current and noncurrent assets
16.2

 
2.2

 
5.1

 
1.1

 
0.1

 
0.1

 
0.9

 
0.2

 

Property, plant and equipment
16.7

 
0.1

 
0.6

 
0.3

 
0.5

 
0.1

 
2.2

 
0.3

 
0.6

Other intangible assets(2)
44.6

 
15.0

 
1.7

 
7.1

 
3.3

 
2.6

 
2.2

 
0.9

 
1.4

Goodwill(3)
88.8

 
23.8

 
14.9

 
10.6

 
6.8

 
4.0

 
2.0

 
1.8

 
1.9

Total assets acquired
219.0

 
44.3

 
32.0

 
22.3

 
15.3

 
8.4

 
7.6

 
7.8

 
5.1

Liabilities assumed
(56.1
)
 
(10.6
)
 
(9.3
)
 
(4.5
)
 
(3.1
)
 
(2.3
)
 
(1.9
)
 
(2.6
)
 
(0.2
)
Net assets acquired
$
162.9

 
$
33.7

 
$
22.7

 
$
17.8

 
$
12.2

 
$
6.1

 
$
5.7

 
$
5.2

 
$
4.9

(1) Represents fair value of trade accounts receivable, which for each of the Air Serv and BEST acquisitions includes a $0.4 million adjustment to gross contractual amounts that are expected to be uncollectible. The fair values of trade accounts receivable acquired in the HHA, GBM, Airco, Alpha, Calvert-Jones, TEGG, and Blackjack acquisitions approximate their respective contractual amounts.

(2) The following table summarizes the weighted-average useful lives in years of the acquired other intangible assets, consisting primarily of customer contracts and relationships for each respective acquisition:

Air Serv
 
HHA
 
GBM

Airco
 
Alpha
 
Calvert-Jones
 
TEGG
 
Blackjack
 
BEST
14
 
13
 
10

12
 
9
 
12
 
14
 
11
 
9


(3) The total amount of goodwill that is deductible for tax purposes is $27.3 million.
Weighted-Average Useful Lives of Acquired Other Intangible Assets
The following table summarizes the weighted-average useful lives in years of the acquired other intangible assets, consisting primarily of customer contracts and relationships for each respective acquisition:

Air Serv
 
HHA
 
GBM

Airco
 
Alpha
 
Calvert-Jones
 
TEGG
 
Blackjack
 
BEST
14
 
13
 
10

12
 
9
 
12
 
14
 
11
 
9