Acquisitions and Investments in Joint Ventures Fiscal 2017 K&amp;H Manufacturing, LLC On April 28, 2017, the Company purchased K&amp;H Manufacturing, LLC ("K&amp;H"), a producer of premium pet supplies and the largest marketer of heated pet products in the country, for a purchase price of approximately $48.0 million . The purchase price exceeded the estimated fair value of the net tangible assets acquired by approximately $41.8 million , which is included in other assets in the Companys consolidated balance sheet as of September 30, 2017. The Company has not yet finalized the allocation of the purchase price to the fair value of the intangible assets acquired. K&amp;H sells branded pet products under the K&amp;H and K&amp;H Pet brands. The acquisition is expected to complement the Company's existing dog and cat business. Segrest Inc. On October 21, 2016, the Company acquired Segrest, Inc., a wholesaler of aquarium fish and small live animals, for a purchase price of approximately $60.0 million , of which $6.0 million is in an escrow account managed by an independent trustee and is payable contingent upon future events. The purchase price exceeded the estimated fair value of the net tangible assets acquired by approximately $ 44.4 million , of which $27.7 million was allocated to identified intangible assets and $25.9 million million is included in goodwill in the Companys consolidated balance sheet as of September 30, 2017 . Financial results for Segrest have been included in the results of operations within the Pet segment since the date of acquisition. The following table summarizes the purchase price and the recording of fair values of the assets acquired and liabilities assumed as of the acquisition date and subsequent adjustments (in thousands): Amounts Previously Recognized as of Acquisition Date (1) Measurement Period Adjustments Amounts Recognized as of Acquisition Date (as Adjusted) Purchase Price Cash paid, net of cash acquired $ 54,043 $  $ 54,043 Contingent consideration 6,000 (3,300 ) 2,700 $ 60,0