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Acquisitions
3 Months Ended
Sep. 30, 2012
Acquisitions [Abstract]  
Acquisitions
Note 5.  Acquisitions

Assets acquired and liabilities assumed in business combinations were recorded on the Company’s Consolidated Balance Sheets as of the respective acquisition dates based upon their estimated fair values at such dates.  The results of operations of businesses acquired by the Company have been included in the Statements of Consolidated Earnings since their respective dates of acquisition.  The excess of the purchase price over the estimated fair values of the underlying assets acquired and liabilities assumed was allocated to goodwill.  In certain circumstances, the allocations of the excess purchase price are based upon preliminary estimates and assumptions and subject to revision when the Company receives final information, including appraisals and other analysis.  Accordingly, the measurement period for such purchase price allocations will end when the information, or the facts and circumstances, becomes available, but will not exceed twelve months.

The Company did not acquire any businesses during the three months ended September 30, 2012.

The Company acquired one business during the three months ended September 30, 2011 for approximately $2.7 million, including a holdback to secure the fulfillment of certain contractual obligations of the sellers. The Company finalized the purchase price allocation for this acquisition during the three months ended September 30, 2012 and adjusted the preliminary values allocated to certain assets and liabilities in order to reflect the final information received. Refer to Note 11 for more information related to Goodwill and Intangible Assets, net.

In addition, the Company made contingent payments relating to previously consummated acquisitions of $0.5 million during the three months ended September 30, 2012.