v3.3.1.900
ACQUISITION (Tables)
12 Months Ended
Dec. 31, 2015
ACQUISITION  
Summary of allocation of the purchase price

 

(In thousands)

 

Total

 

Cash

 

$

2,119

 

Receivables

 

 

2,001

 

Other current assets

 

 

4,806

 

Property(1)

 

 

50,810

 

Intangible assets(2)

 

 

21,080

 

Goodwill(3)

 

 

116,891

 

Other long-term assets

 

 

290

 

Accounts payable

 

 

(4,211

)

Accrued expenses and other liabilities

 

 

(4,689

)

Deferred revenues and income

 

 

(2,295

)

Deferred tax liability

 

 

(10,610

)

Other long-term liabilities(4)

 

 

(1,220

)

​  

​  

Total estimated purchase price

 

$

174,972

 

​  

​  

​  

​  


(1)          

Amounts recorded for property includes land, buildings, leasehold improvements, furniture, fixtures and equipment.

(2)          

Amounts recorded for intangible assets includes favorable leases, a non-compete agreement and trade name.

(3)          

Amounts recorded for goodwill are generally not expected to be deductible for tax purposes.

(4)          

Amounts recorded for other long-term liabilities consist of an unfavorable lease.