Business Combinations (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of Purchase Price Allocation to the Fair Values of Assets Acquired and Liabilities Assumed

Following is a summary of our 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			—			131
Intangible assets	1,015			5,474			1,816			2,329
Goodwill (1)	3,393			11,922			5,364			2,357
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 consists largely of the expected synergies from combining operations as well as the value of the workforce. A portion of the goodwill is expected to be tax deductible for both the LPT and Nutfield acquisitions.

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	Amount		Weighted Average Life	Amount		Weighted Average Life	Amount		Weighted Average Life
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 relationships	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