Maximus, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Business Combinations (Tables)

Business Combinations (Tables)

3 Months Ended

Dec. 31, 2013

Summary of valuation of the intangible assets acquired

The valuation of the intangible assets acquired is summarized below (in thousands).

	Useful life	Fair value
Customer relationships	20 years	$	19,933
Technology-based intangible assets	2 years	609
Total intangible assets		$	20,542

HML

Business combinations

Assets and liabilities recorded in the Company's financial statements at their fair values at the acquisition date

The assets and liabilities of HML were recorded in the Company’s financial statements at their fair values at the acquisition date as follows (in thousands):

	Preliminary Purchase Price Accounting
Cash consideration, net of cash acquired	$	71,435
Stock consideration	6,425
Purchase consideration, net of cash acquired	$	77,860
Accounts receivable and unbilled receivables	$	7,671
Other current assets	1,382
Property and equipment	2,752
Intangible assets	20,542
Total identifiable assets acquired	32,347
Accounts payable and other liabilities	6,228
Deferred revenue	1,149
Current income tax liability	612
Deferred tax liability	4,814
Total liabilities assumed	12,803
Net identifiable assets acquired	19,544
Goodwill	58,316
Net assets acquired	$	77,860