ACQUISITIONS The following table sets forth the consideration paid for acquisitions: Year Ended December 31 2014 2013 2012 (In thousands) Details of acquisitions: Fair value of assets acquired $ 153,597 $   $ 1,609,785 Fair value of liabilities assumed (19,772 )   (288,005 ) Cash paid for acquisitions $ 133,825 $   $ 1,321,780 Supplemental cash flow disclosure related to acquisitions: Cash paid for acquisitions $ 133,825 $   $ 1,321,780 Less: cash acquired     (32,100 ) Cash paid for acquisitions, net of cash acquired $ 133,825 $   $ 1,289,680 The fair values of assets acquired and liabilities assumed were based upon preliminary calculations and valuations. Our estimates and assumptions for our preliminary purchase price allocation are subject to change as we obtain additional information for our estimates during the respective measurement periods (up to one year from the respective acquisition dates). Acquisition of LaPrairie, Inc. On February 1, 2014 , WESCO Distribution, Inc., through its wholly-owned Canadian subsidiary, completed the acquisition of LaPrairie, Inc. ("LaPrairie"), a wholesale distributor of electrical products that services the transmission, distribution, and substation needs of utilities and utility contractors with approximately $30 million in annual sales from a single location in Newmarket, Ontario. WESCO funded the price paid at closing with cash. The purchase price was allocated to the respective assets and liabilities based upon their estimated fair values as of the acquisition date. The preliminary fair value of intangibles was determined by management and the allocation resulted in intangible assets of $11.0 million and goodwill of $8.9 million . Management believes the majority of goodwill will be deductible for tax purposes. Acquisition of Hazmasters, Inc. On March 17, 2014 , WESCO Distribution, Inc., through its wholly-owned Canadian subsidiary, completed the acquisition of Hazmasters, Inc. ("Hazmasters"), a leading independent Canadian distributor of safety products servicing cust