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Acquisitions Acquisitions (Tables) | 6 Months Ended
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Jun. 30, 2020
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | A summary of the cumulative consideration paid and the preliminary allocation of the purchase price paid for all of our 2020 acquisitions through June 30, 2020 is as follows:
| Six Months Ended June 30, 2020
Cash Paid (gross of cash acquired)(1) | $ | 124,614 |
Fair Value of Investments Applied to Acquisitions | 27,276 |
Total Consideration | 151,890 |
Fair Value of Identifiable Assets Acquired: |
Cash | 6,545 |
Accounts Receivable, Prepaid Expenses and Other Assets | 16,815 |
Property, Plant and Equipment(2) | 45,095 |
Customer Relationship Intangible Assets | 60,846 |
Operating Lease Right-of-Use Assets | 111,251 |
Debt Assumed | (11,479 | )
Accounts Payable, Accrued Expenses and Other Liabilities | (8,343 | )
Operating Lease Liabilities | (111,251 | )
Deferred Income Taxes | (6,364 | )
Total Fair Value of Identifiable Net Assets Acquired | 103,115 |
Goodwill Initially Recorded(3) | $ | 48,775 |
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(1) | Included in cash paid for acquisitions in our Condensed Consolidated Statement of Cash Flows for the six months ended June 30, 2020 is net cash acquired of $6,545 and contingent and other payments of $443 related to acquisitions completed in 2019.
(2) | Consists primarily of leasehold improvements, racking structures and warehouse equipment. These assets are depreciated using the straight-line method with the useful lives as noted in Note 2.f. to Notes to Consolidated Financial Statements included in our Annual Report.
(3) The goodwill associated with acquisitions is primarily attributable to the assembled workforce, expanded market opportunities and costs and other operating synergies anticipated upon the integration of the operations of us and the acquired businesses.

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121647850&loc=d3e4845-128472 + Details
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