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Acquisitions, Divestitures and Other Significant Transactions
3 Months Ended
Jan. 31, 2013
Acquisitions, Divestitures and Other Significant Transactions

NOTE 2 — ACQUISITIONS, DIVESTITURES AND OTHER SIGNIFICANT TRANSACTIONS

During the three months ended January 31, 2013 and 2012, the Company completed no acquisitions or divestitures. The Company made a $14.3 million deferred cash payment during the three months ended January 31, 2012 for an acquisition completed in 2010.

The Company allocates purchase price as of the dates of acquisition based upon its understanding, obtained during due diligence and through other sources, of the fair value of the acquired assets and assumed liabilities. If additional information is obtained about these assets and liabilities within the measurement period (not to exceed one year from the date of acquisition), including through asset appraisals and learning more about the newly acquired business, the Company may refine its estimates of fair value to allocate the purchase price more accurately; however, any such revisions are not expected to be significant.

 

Pro Forma Information

The Company completed no acquisitions during the first quarter of 2013 or during 2012. Therefore, there are no pro forma results of operations to present.