Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2012

Goodwill and Intangible Assets [Abstract]

(8) Goodwill and Intangible Assets

There were no changes in goodwill for the six months ended June 30, 2012. Goodwill by operating segment as of December 31, 2011 and June 30, 2012 is as follows (in thousands):

	Supply Chain Management		IT, Energy and Management Consulting		Infrastructure		Total
Balance as of December 31, 2011	$	61,169	$	30,883	$	6,827	$	98,879

Balance as of June 30, 2012	$	61,169	$	30,883	$	6,827	$	98,879

Intangible assets consist of the value of contract-related intangible assets and trade names acquired in the acquisitions of Integrated Concepts and Research Corporation ("ICRC"), G&B Solutions, Inc. ("G&B"), Akimeka, LLC ("Akimeka") and WBI. Intangible assets with indefinite lives, not subject to amortization, consist of ICRC and G&B trade names of approximately $2.4 million as of June 30, 2012 and December 31, 2011. The trade names acquired in the Akimeka and WBI acquisitions are being amortized over nine years. Amortization expense for the three- and six- months ended June 30, 2012 was approximately $2.8 million and $5.6 million, respectively. Amortization expense for the three-and six-months ended June 30, 2011 was approximately $1.4 million and $2.3 million, respectively.

Intangible assets were comprised of the following (in thousands):

June 30, 2012	Cost		Accumulated Amortization			Net Intangible Assets
Contract-related	$	96,884	$	(17,517	)	$	79,367
Acquired technologies		12,400		(1,205	)		11,195
Trade name - amortizable		9,170		(1,229	)		7,941
Trade names - indefinite lived		2,430		-			2,430
Total	$	120,884	$	(19,951	)	$	100,933

December 31, 2011	Cost		Accumulated Amortization			Net Intangible Assets
Contract-related	$	96,884	$	(12,987	)	$	83,897
Acquired technologies		12,400		(642	)		11,758
Trade name - amortizable		9,170		(719	)		8,451
Trade names - indefinite lived		2,430		-			2,430
Total	$	120,884	$	(14,348	)	$	106,536