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

Business combinations (Tables) (Health Management Limited [Member])

9 Months Ended

Jun. 30, 2014

Health Management Limited [Member]

The assets and liabilities of HML recorded in the Company’s financial statements at the acquisition date are summarized below (in thousands):

	Purchase Price Allocation
	Updated through September 30, 2013		Adjustments			Updated through June 30, 2014
Cash consideration, net of cash acquired	$	71,435	$	—		$	71,435
Stock consideration	6,425		—			6,425
Purchase consideration, net of cash acquired	$	77,860	$	—		$	77,860

Accounts receivable and unbilled receivables	$	7,671	$	—		$	7,671
Other current assets	1,382		—			1,382
Property and equipment	2,752		—			2,752
Intangible assets	20,542		—			20,542
Total identifiable assets acquired	32,347		—			32,347
Accounts payable and other liabilities	6,228		—			6,228
Deferred revenue	1,149		—			1,149
Current income tax liability	612		144			756
Deferred tax liability	4,814		(113		)	4,701
Total liabilities assumed	12,803		31			12,834
Net identifiable assets acquired	19,544		(31		)	19,513
Goodwill	58,316		31			58,347
Net assets acquired	$	77,860	$	—		$	77,860

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