BUSINESS COMBINATIONS Acquisition of ecoATM, Inc., On July 1, 2013, Outerwall Inc., entered into an agreement and plan of merger with ecoATM, Inc., a Delaware corporation ( ecoATM ) that provides an automated self-service kiosk system to purchase used mobile phones, tablets and MP3 players for cash. On July 23, 2013 all necessary approvals were obtained and we completed the acquisition of the remaining 77.0% equity interest which we did not already own. The primary reason for the business combination was to expand Outerwall s presence in automated retail and gain exposure to the growing demand for refurbished products and mobile devices. We accounted for the purchase of ecoATM as a business combination. Costs related to this acquisition of approximately $5.7 million were expensed during the second and third quarters 2013 and are included within general and administrative expenses in our Consolidated Statements of Comprehensive Income . The following table highlights the consideration transferred, the fair value of our previously held equity interest and the fair value of replacement awards issued attributable to post-combination services. Dollars in thousands July 23, 2013 Consideration Transferred: Cash paid $ 262,882 Replacement awards attributable to pre-combination services 1,398 Total consideration transferred 264,280 Previously held equity interest: Acquisition date fair value of previously held equity interest 76,359 Total consideration transferred and fair value of previously held equity interest $ 340,639 Fair value of replacement awards attributable to post-combination services $ 30,671 As a part of the merger, we issued replacement awards for unvested restricted stock and options in ecoATM with rights to receive cash equal to the per share merger consideration for restricted stock and net of the exercise price for options. The replacement awards vest in accordance with the terms of the original replaced award. The fair value of the original and replacement awards amounted to $32.1 million , $1.4 millio