3. 2017 ACQUISITION Acquisition of All American Containers - August 2017 On August 31, 2017 (the "Acquisition Date"), Veritiv completed its acquisition of 100% of the equity interest in various All American Containers entities (collectively, "AAC"), a family owned and operated distributor of rigid packaging products, including plastic, glass and metal containers, caps, closures and plastic pouches. See Note 4, Integration, Acquisition and Restructuring Charges , for information regarding the charges incurred for the AAC integration and acquisition activities. These charges related primarily to legal, consulting and other professional fees, retention and other costs to integrate the business. The acquisition of AAC was accounted for in the Company's financial statements using the acquisition method of accounting. The total consideration to complete the acquisition was approximately $169.8 million . The purchase price was allocated to tangible and intangible assets and liabilities based upon their respective estimated fair values. The following table summarizes the components of the purchase price for AAC: Purchas e price: (in millions) Cash consideration $ 112.0 Loan pay-off 34.3 Contingent consideration 22.2 Other 1.3 Total purchase price $ 169.8 The following table summarizes the allocation, as of September 30, 2018 , of the purch ase price to assets acquired and liabilities assumed as of the Acquisition Date based on available valuation information, estimates and assumptions. See Note 9, Fair Value Measurements , for additional information related to the fair value of the contingent consideration related to the earn-out. Purchase price allocation: (in millions) Cash $ 1.5 Accounts receivable 30.4 Inventories 38.5 Other current assets 5.7 Property and equipment 3.5 Goodwill 55.5 Other intangible assets 49.0 Other non-current assets 1.4 Accounts payable (12.4 ) Other current liabilities (2.7 ) Other non-current liabilities (0.6 ) Total purchase price $ 169.8 Good will of $55.5 million arising from the acquisition of AAC consists largely of the expected synergies and other benefits from combining operations. The goodwill was allocated 100% to the Company's Packaging reportable segment. All costs associated with the AAC acquisition are expected to be deductible for tax purposes. Pro Forma Impact (unaudited) During the quarter of acquisition, the operating results of AAC were included in the Company's financial statements from September 1, 2017 through September 30, 2017 and were reported as part of the Packaging reportable segment. Net sales and operating loss attributable to AAC during this period and included in the Company's Condensed Consolidated Statements of Operations were $16.0 million and $(0.9) million , respectively. The following unaudited pro forma financial information presents results as if the acquisition of AAC occurred on January 1, 2016. The historical consolidated financial information of the Company and AAC has been adjusted in the pro forma information to give effect to pro forma events that are directly attributable to the transaction and are factually supportable. The unaudited pro forma results do not reflect events that have occurred or may occur after the transaction, including the impact of any synergies expected to result from the acquisition. Accordingly, the unaudited pro forma financial information is not necessarily indicative of the results of operations as they would have been had the transaction been effected on the assumed date, nor is it necessarily an indication of future operating results. (Unaudited) Three Months Ended September 30, Nine Months Ended September 30, (in millions, except share and per share data) 2017 2017 Net sales $ 2,157.8 $ 6,303.2 Net loss (11.3 ) (21.5 ) Loss per share: Basic and diluted loss per share $ (0.72 ) $ (1.37 ) Weighted-average shares outstanding Basic and diluted 15.70 15.70 The unaudited pro forma information reflects primarily the following pre-tax adjustments for the respective periods:  Acquisition and integration expenses: Acquisition and integration expenses of $6.9 million and $7.4 million incurred during the three and nine months ended September 30, 2017 , respectively, have been eliminated.  Incremental amortization expense: Pro forma net loss for the three and nine months ended September 30, 2017 includes incremental amortization expense of $1.1 million and $4.4 million , respectively.  Interest expense: Pro forma net loss for the three and nine months ended September 30, 2017 includes incremental interest expense of $0.5 million and $2.0 million , respectively. A combined U.S. federal statutory and state rate of 39.0% was used to determine the after-tax impact on net loss of the pro forma adjustments.