Business Combinations Acquisition of Explore On June 14, 2011, we acquired 100% of the membership interests of Explore, a leading U.S. provider of innovative data and analytic tools used by automotive property and casualty insurers, for cash consideration of $519.2 million . This purchase price was funded through the issuance of senior unsecured notes with an aggregate principal balance of $450.0 million in June 2011 (Note 10) and cash on hand. The acquisition of Explore allows us to offer solutions to our customers that will help them actively manage risk during the full life cycle of an insurance policy, which will improve the ability of our customers to capture lost premiums. Explore has been included in our Americas segment. We have included the results of operations of Explore in our consolidated statements of income from the acquisition date. Revenues and net income earned by Explore were $4.0 million and $0.5 million , respectively, for the period from the acquisition date through June 30, 2011. We have accounted for the acquisition of Explore under the purchase method of accounting and, accordingly, the total purchase price has been allocated to the acquired tangible and identifiable intangible assets and assumed liabilities based on their estimated fair values on the acquisition date. The excess of the purchase price over the aggregate fair values was recorded as goodwill, which is deductible for U.S income tax purposes. Of the purchase price for Explore, we have allocated $351.3 million to goodwill and $160.8 million to identifiable intangible assets. The goodwill recorded in the acquisition represents future enhancements to the software and database, future customer relationships and markets, and the workforce. The following table summarizes the final purchase price allocation for the acquisition of Explore (in thousands): Goodwill $ 351,327 Intangible assets 160,750 Accounts receivable 10,890 Other assets acquired 1,311 Assumed liabilities (5,107 ) Total $ 519,171 Identifiable intangible assets acquir