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Acquisitions Acquisitions (Tables)
3 Months Ended
Mar. 31, 2020
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the breakdown of the purchase price allocation for the businesses described above (in thousands):
 
Purchase Price Allocation
Current assets
$
2,662

Preneed trust assets
9,089

Property, plant & equipment
1,720

Cemetery property
14,753

Goodwill
12,916

Intangible and other non-current assets
2,506

Assumed liabilities
(489
)
Deferred tax liability
(527
)
Preneed trust liabilities
(9,089
)
Deferred revenue
(541
)
Purchase price
$
33,000

The following table summarizes the breakdown of the purchase price allocation for these businesses and the subsequent adjustments made based on additional information which became available prior to March 31, 2020 (in thousands):
 
Initial Purchase Price Allocation
 
Adjustments
 
Adjusted Purchase Price Allocation
Current assets
$
1,482

 
$
33

 
$
1,515

Preneed trust assets
15,891

 

 
15,891

Property, plant & equipment
21,680

 

 
21,680

Cemetery property
11,994

 

 
11,994

Goodwill
99,344

 
(880
)
 
98,464

Intangible and other non-current assets
8,269

 

 
8,269

Assumed liabilities
(657
)
 
(145
)
 
(802
)
Preneed trust liabilities
(15,463
)
 

 
(15,463
)
Deferred revenue
(1,633
)
 
992

 
(641
)
Purchase price
$
140,907

 
$

 
$
140,907

As of March 31, 2020, our accounting for our 2019 acquisitions was not complete.