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Business Combinations (Tables)
9 Months Ended
Sep. 30, 2017
Business Combinations [Abstract]  
Schedule of Fair Values of Assets Acquired and Liabilities Assumed for Acquisitions
Following is a summary of our final allocations of the purchase price to the fair values of the assets acquired and liabilities assumed as of the date of each acquisition:
 
 
BuildIT
 
LPT
 
MWF
 
Nutfield
 Accounts receivable
 
$
237

 
$
54

 
$
150

 
$
160

 Inventory
 

 
322

 

 
539

 Other assets
 
36

 
160

 
666

 
96

 Deferred income tax assets
 

 
1,112

 

 

 Intangible assets
 
1,015

 
5,474

 
1,816

 
2,329

 Goodwill (1)
 
3,393

 
11,922

 
5,364

 
2,488

 Accounts payable and accrued liabilities
 
(95
)
 
(747
)
 
(700
)
 
(12
)
 Other liabilities
 
(471
)
 
(1,086
)
 
(345
)
 
(104
)
 Deferred income tax liabilities
 
(205
)
 

 
(364
)
 

Total purchase price, net of cash acquired
 
$
3,910

 
$
17,211

 
$
6,587

 
$
5,496


(1) The goodwill arising from the acquisitions is not expected to be tax deductible.
Summary of the Purchase Price Preliminarily Allocated to the Intangible Assets Acquired for the Acquisitions
Following are the details of the purchase price allocated to the intangible assets acquired for the acquisitions noted above:
 
 
BuildIT
 
LPT
 
MWF
 
Nutfield
 
 
Amount
 
Weighted Average Life (Years)
 
Amount
 
Weighted Average Life (Years)
 
Amount
 
Weighted Average Life (Years)
 
Amount
 
Weighted Average Life (Years)
 Trade name
 
$
346

 
7
 
$
64

 
1
 
$
36

 
1
 
$
29

 
1
 Non-competition agreement
 
31

 
5
 

 
0
 
3

 
2
 
144

 
5
 Technology
 
361

 
7
 
4,260

 
7
 
951

 
5
 
1,970

 
10
 Customer relationship
 
277

 
7
 
1,150

 
7
 
826

 
5
 
95

 
10
 Favorable in-place lease
 

 
0
 

 
0
 

 
0
 
91

 
12
 Fair value of intangible assets acquired
 
$
1,015

 
7
 
$
5,474

 
7
 
$
1,816

 
5
 
$
2,329

 
10