Business Acquisition (Tables)

Amaizing Energy Denison LLC

The summarized preliminary purchase price allocation is as follows:



(in thousands)
Grain elevator	$	14,285
Inventory	10,343
Intangible assets	4,335
Other assets	962
Property, plant and equipment	47,902
Total purchase price	$	77,827

Details of the intangible assets acquired are as follows:



(in thousands)	Fair Value		Useful Life
Lease intangibles	$	4,085	10 months to 4.5 years
Noncompete agreement	250		2 years
Total identifiable intangible assets	$	4,335

The summarized purchase price allocation is as follows:



(in thousands)
Current assets	$	5,106
Intangible assets	9,600
Goodwill	6,681
Property, plant and equipment	3,586
Current liabilities	(3,784		)
Deferred tax liability, net	(4,412		)
Total purchase price	$	16,777

Details of the intangible assets acquired are as follows:



(in thousands)	Fair Value		Useful Life
Trademarks	$	1,200	10 years
Customer list	5,500		10 years
Technology	2,100		5 years
Noncompete agreement	800		7 years
Total identifiable intangible assets	$	9,600