Acquisitions

9 Months Ended

Sep. 30, 2012

Acquisitions [Abstract]

Business Combination Disclosure [Text Block]

On August 15, 2012, the Company acquired a majority voting interest in a Delaware limited liability corporation and its wholly-owned subsidiary, a Tulsa-based aircraft parts supplier and repair facility.

On August 19, 2012, the Company acquired The Milestone Group, Inc. ("Milestone"), a Denver-based Registered Investment Adviser that provides wealth management services to high net worth customers in Colorado and Nebraska. Milestone manages approximately $1.3 billion in equity and fixed income securities for customers.

The purchase price for these acquisitions totaled $41 million, including $29 million paid in cash and $12 million of contingent consideration. The preliminary purchase price allocation included $25 million of identifiable intangible assets and $23 million of goodwill. The pro-forma impact of these transactions was not material to the Company's consolidated financial statements.