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Acquisitions (Notes)
9 Months Ended
Mar. 31, 2013
Business Combinations [Abstract]  
Acquisitions
Acquisition
On December 31, 2012, the Company acquired substantially all of the assets of Pelichem Industrial Cleaning Services, LLC (“Pelichem”). Pelichem is an industrial cleaning company based in Reserve, Louisiana that performs hydroblasting, vacuum services, chemical cleaning and industrial services.
The purchase price was allocated to the major categories of assets and liabilities based on their estimated fair value at the acquisition date. The purchase price is expected to be finalized and settled following a final true-up of working capital accounts that is expected to conclude during the fourth fiscal quarter. The following table summarizes the preliminary purchase price allocation of the acquisition which is subject to change as we complete the working capital adjustments:
Current assets
$
1,137

Property, plant and equipment
4,292

Tax deductible goodwill
2,237

Other intangible assets
1,853

Total assets acquired
9,519

Current liabilities
108

Net assets acquired
9,411

Accrued acquisition related liability
1,161

Cash paid
$
8,250


The operating data related to this acquisition was not material. The acquisition was funded with cash on hand.