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Acquisitions, Goodwill, and Other Intangible Assets (Tables)
6 Months Ended
Feb. 10, 2016
Dec. 31, 2016
Business Acquisition [Line Items]    
Fair Value Assumptions, Weighted Average Volatility Rate   3750.00%
Health Advances Acquisition [Member]    
Business Acquisition [Line Items]    
Fair Value Assumptions, Weighted Average Volatility Rate 26.00%  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed  
The components of the consideration transferred in conjunction with the Health Advances acquisition and the preliminary allocation of that consideration is as follows (in millions):
Total consideration transferred:
 
 
    Cash paid, net of cash acquired
 
$
67.1

    Fair value of contingent consideration
 
4.5

Net purchase price
 
$
71.6

Preliminary allocation of consideration transferred:
 
 
    Accounts receivable
 
$
4.0

    Other current assets
 
0.7

    Property and equipment, net
 
1.0

    Deferred tax assets
 
0.2

    Definite-lived intangible assets
 
15.0

    Goodwill
 
52.5

          Total assets acquired
 
73.4

    Current liabilities
 
1.8

         Total liabilities assumed
 
1.8

Net assets acquired:
 
$
71.6

The components of the consideration transferred in conjunction with the Health Advances acquisition and the preliminary allocation of that consideration is as follows (in millions):
Total consideration transferred:
 
 
    Cash paid, net of cash acquired
 
$
67.1

    Fair value of contingent consideration
 
4.5

Net purchase price
 
$
71.6

Preliminary allocation of consideration transferred:
 
 
    Accounts receivable
 
$
4.0

    Other current assets
 
0.7

    Property and equipment, net
 
1.0

    Deferred tax assets
 
0.2

    Definite-lived intangible assets
 
15.0

    Goodwill
 
52.5

          Total assets acquired
 
73.4

    Current liabilities
 
1.8

         Total liabilities assumed
 
1.8

Net assets acquired:
 
$
71.6

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination  
The following are the preliminary identifiable intangible assets acquired and their respective estimated useful lives, as determined based on preliminary valuations (dollars in millions):
 
 
Amount
 
Estimated Useful Life (Years)
Customer relationships
 
$
11.6

 
10
Technology
 
1.8

 
3
Trade name
 
1.6

 
5
   Total
 
$
15.0

 
 
ExecuPharm Inc. [Member]    
Business Acquisition [Line Items]    
Fair Value Assumptions, Weighted Average Volatility Rate 29.00%  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed  


Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination  




The Medical Affairs Company, LLC
On February 1, 2017, the Company entered into a definitive agreement to acquire The Medical Affairs Company, LLC, a leading provider of outsourced medical affairs services to the pharmaceutical, biotechnology, and medical device industries. The acquisition is expected to close during the third quarter of our Fiscal Year 2017.