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Acquisitions | 9 Months Ended
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Sep. 30, 2018
Business Combinations [Abstract] |
Acquisitions | ACQUISITIONS On July 10, 2018, we acquired two funeral home businesses, one in Fredericksburg, Virginia and one in Stafford, Virginia, for $29.2 million in cash. On August 21, 2018, we acquired a funeral home business in Cookeville, Tennessee for $2.8 million in cash. On August 28, 2018, we acquired a funeral home business in Knightdale, North Carolina for $6.0 million in cash. For these acquisitions, we acquired substantially all of the assets and assumed certain operating liabilities. The pro forma impact of these acquisitions on prior periods is not presented, as the impact is not material to our reported results. The results of the acquired businesses are included in the Company's results from the date of acquisition. The following table summarizes the breakdown of the purchase price allocation for the businesses described above (in thousands):
| Purchase Price Allocation
Current assets | $ | 166 |
Property, plant & equipment | 17,543 |
Goodwill | 16,777 |
Intangible and other non-current assets | 3,863 |
Assumed liabilities | (399 | )
Purchase price | $ | 37,950 |
The intangible and other non-current assets relate to the fair value of tradenames and agreements not-to-compete and the assumed liabilities relate to the obligations associated with certain financed automobiles we acquired. The following table summarizes the fair value of the assets acquired for these businesses (in millions):
Acquisition Date |  | Type of Business |  | Market |  | Assets Acquired (Excluding Goodwill) |  | Goodwill Recorded |  | Liabilities and Debt Assumed
July 10, 2018 |  | Two Funeral Homes |  | Fredericksburg/Stafford, VA |  | $ | 13.2 |  |  | $ | 16.0 |  |  | $ | — |
August 21, 2018 |  | One Funeral Home |  | Cookeville, TN |  | $ | 2.5 |  |  | $ | 0.5 |  |  | $ | (0.2 | )
August 28, 2018 |  | One Funeral Home |  | Knightdale, NC |  | $ | 5.9 |  |  | $ | 0.3 |  |  | $ | (0.2 | )
As of September 30, 2018, our accounting for our 2018 acquisitions is complete. See Note 12 to the Consolidated Financial Statements included herein for additional information on our intangible and other non-current assets. For the nine months ended September 30, 2017, we did not acquire any businesses.

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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
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