The table below summarizes the estimated fair values of the assets acquired and liabilities assumed at the acquisition date. We utilized a third-party valuation specialist to assist in valuing the customer relationships, trade name, leases, and property and equipment acquired: | | | | | | | Assets acquired: | | | Cash and cash equivalents | $ | 60,212 | | | Receivables | 25,368 | | | Inventories | 50,928 | | | Prepaid and other current assets | 2,509 | | | Deferred income taxes | 9,903 | | | Property and equipment | 529,719 | | | Operating lease right-of-use assets | 313,867 | | | Other assets | 940 | | | Customer relationships and trade name | 38,000 | | | Goodwill | 577,652 | | | Total assets | 1,609,098 | | | Liabilities assumed: | | | Accounts payable | 70,892 | | | Accrued expenses and other long-term liabilities | 21,972 | | | Operating lease liabilities | 350,482 | | | Total liabilities | 443,346 | | | Net assets acquired and total purchase price | $ | 1,165,752 | |
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