Please answer the given financial question based on the context.
Context: synopsys , inc . notes to consolidated financial statements 2014continued acquisition of magma design automation , inc . ( magma ) on february 22 , 2012 , the company acquired all outstanding shares of magma , a chip design software provider , at a per-share price of $ 7.35 . additionally , the company assumed unvested restricted stock units ( rsus ) and stock options , collectively called 201cequity awards . 201d the aggregate purchase price was approximately $ 550.2 million . this acquisition enables the company to more rapidly meet the needs of leading-edge semiconductor designers for more sophisticated design tools . as of october 31 , 2012 , the total purchase consideration and the preliminary purchase price allocation were as follows: .
||( in thousands )|
|cash paid|$ 543437|
|fair value of assumed equity awards allocated to purchase consideration|6797|
|total purchase consideration|$ 550234|
|goodwill|316263|
|identifiable intangibles assets acquired|184300|
|cash and other assets acquired|116265|
|debt and liabilities assumed|-66594 ( 66594 )|
|total purchase allocation|$ 550234|
goodwill of $ 316.3 million , which is not deductible for tax purposes , primarily resulted from the company 2019s expectation of sales growth and cost synergies from the integration of magma 2019s technology and operations with the company 2019s technology and operations . identifiable intangible assets , consisting primarily of technology , customer relationships , backlog and trademarks , were valued using the income method , and are being amortized over three to ten years . acquisition-related costs directly attributable to the business combination totaling $ 33.5 million for fiscal 2012 were expensed as incurred in the consolidated statements of operations and consist primarily of employee separation costs , contract terminations , professional services , and facilities closure costs . fair value of equity awards assumed . the company assumed unvested restricted stock units ( rsus ) and stock options with a fair value of $ 22.2 million . the black-scholes option-pricing model was used to determine the fair value of these stock options , whereas the fair value of the rsus was based on the market price on the grant date of the instruments . the black-scholes option-pricing model incorporates various subjective assumptions including expected volatility , expected term and risk-free interest rates . the expected volatility was estimated by a combination of implied and historical stock price volatility of the options . of the total fair value of the equity awards assumed , $ 6.8 million was allocated to the purchase consideration and $ 15.4 million was allocated to future services to be expensed over their remaining service periods on a straight-line basis . supplemental pro forma information ( unaudited ) . the financial information in the table below summarizes the combined results of operations of the company and magma , on a pro forma basis , as though the companies had been combined as of the beginning of fiscal 2011. .
Question: what percentage of total purchase allocation was goodwill?


Answer: The answer is:0.57478