Acquisitions On July 23, 2015, the Company completed the acquisition of ICS Industries Pty. Ltd. (ICS), headquartered in Melbourne, Australia, for $34,496 , net of cash acquired. ICS is a leading full line shelter designer and manufacturer with installation and maintenance services serving the telecommunications, utilities, datacenter, natural resources and transport industries operating in Australia and serving customers in the Asia Pacific region. The Company acquired tangible and intangible assets, in connection with the acquisition, including trademarks, technology, customer relationships, non-competition agreements and goodwill. Based on the final valuation, trademarks were valued at $1,322 , technology at $1,399 , customer relationships at $10,211 , non-competition agreements at $142 and goodwill was recorded at $13,898 . The useful lives of technology were estimated at 10 years , customer relationships were estimated at 11 years and non-competition agreements ranged from 2 - 5 years. Trademarks were considered to be indefinite-lived assets. There was no tax deductible goodwill associated with this acquisition. There were no acquisitions in fiscal 2015. On January 27, 2014, the Company completed the acquisition of UTS Holdings Sdn. Bhd. and its subsidiaries, a distributor of motive and reserve power battery products and services, headquartered in Kuala Lumpur, Malaysia, for $25,332 , net of cash acquired. The Company acquired tangible and intangible assets, including trademarks, customer relationships and goodwill. Based on the final valuation, trademarks were valued at $1,410 , non-compete at $160 , customer relationships at $3,200 and goodwill was recorded at $10,796 . The useful life of customer relationships was estimated at 8 years and trademarks were considered to be indefinite-lived assets. On October 8, 2013, the Company completed the acquisition of Purcell Systems, Inc., a designer, manufacturer and marketer of thermally managed electronic equipment and battery cabinet enclosures, headquartered in