SEC Filings

10-Q
ENVISION HEALTHCARE CORP filed this Form 10-Q on 08/08/2017
Entire Document
 
Item 1. Financial Statements - (continued)

During the six months ended June 30, 2017, adjustments were recorded to the purchase price allocation related to EHH as part of the Company’s continuing evaluation of the assets and liabilities existing at the date of acquisition. This resulted in a net increase to goodwill of approximately $122.1 million and corresponding changes to certain account classes from the preliminary allocation recorded at December 31, 2016 that are reflected in the table below. The Company is still in the process of reviewing all major classes of consideration and expects to use the full measurement period from the Merger date to complete the evaluation. The acquisition date fair value of the total consideration transferred and acquisition date fair value of each major class of consideration for the acquisition of EHH are as follows (in millions): 
Cash and cash equivalents
$
165.8

Insurance collateral
59.9

Accounts receivable
1,155.6

Supplies inventory
38.7

Prepaid and other current assets
119.3

Property and equipment
376.0

Goodwill
4,642.9

Intangible assets
3,070.8

Other long-term assets
103.1

Accounts payable
(63.6
)
Accrued salaries and benefits
(338.0
)
Accrued interest
(17.3
)
Other accrued liabilities
(333.0
)
Deferred income taxes
(966.2
)
Long term insurance reserves
(314.1
)
Other long-term liabilities
(62.8
)
Long-term debt
(3,063.1
)
Total fair value
4,574.0

Less: Fair value attributable to noncontrolling interests
130.6

Acquisition date fair value of total consideration transferred
$
4,443.4



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