In April 2018, the Company acquired Bluegrass, the largest privately-held, pure-play aggregates company in the United States for $1.62 billion. These operations complement the Company’s existing southeastern footprint in its Mid-America and Southeast Groups and provide new growth platforms within Maryland and Kentucky.

The Company determined fair values of the assets acquired and liabilities assumed and the measurement period is closed as of April 2019. The following is a summary of the estimated fair values of the assets acquired and the liabilities assumed (dollars in thousands):

Assets:
Cash	$	1,159
Receivables		25,479
Inventory		46,635
Other current assets		1,029
Property, plant and equipment		1,519,289
Intangible assets, other than goodwill		20,150
Goodwill		242,981
Total assets		1,856,722

Liabilities:
Accounts payable and accrued expenses		17,914
Deferred income tax liabilities, net		212,450
Noncontrolling interest		9,001
Total liabilities		239,365

Total consideration	$	1,617,357

Total revenues and earnings from operations attributable to Bluegrass, included in the consolidated earnings statements, for three months ended June 30, 2019 were $70,169,000 and $23,628,000, respectively, and for the six months ended June 30, 2019 were $116,633,000 and $28,307,000, respectively. Total revenues and earnings from operations attributable to Bluegrass in 2018 for the three and six months ended June 30, 2018 were $46,111,000 and $6,611,000, respectively.

The unaudited pro forma financial information summarizes the combined results of operations for the Company and Bluegrass as though the companies were combined as of January 1, 2017. The pro forma earnings does not reflect any cost savings or associated costs to achieve such savings from operating efficiencies or synergies that result from the combination. Consistent with the assumed acquisition date of January 1, 2017, expenses related to the acquisition are considered to have been incurred for the year ended December 31, 2017. The pro forma financial information does not purport to project the future financial position or operating results of the combined company. The pro forma financial information as presented below is for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of 2017.

The following presents pro forma results for the three and six months ended June 30, 2018:

	Three Months Ended		Six Months Ended
(Dollars in Thousands, except per share data)
Total revenues	$	1,218,904	$	2,059,816
Net earnings attributable to Martin Marietta	$	207,886	$	216,756
Diluted EPS	$	3.28	$	3.43