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Acquisitions (Notes)
6 Months Ended
Dec. 31, 2012
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 third 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
$
1,140

Property, plant and equipment
4,032

Tax deductible goodwill
2,237

Other intangible assets
1,853

Total assets acquired
9,262

Current liabilities
86

Net assets acquired
9,176

Estimated working capital adjustment
926

Purchase price before working capital adjustment
$
8,250


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