Acquisitions (Tables) - BCH

12 Months Ended

Dec. 31, 2017

Business Acquisition [Line Items]

Fair value of assets acquired and liabilities assumed

The following summarizes the acquisition date fair value of consideration transferred and identifiable assets acquired and liabilities assumed, including an amount for goodwill (in thousands):

Cash and cash equivalents	$	9,613
Receivables		28,263
Costs and estimated earnings in excess of billings		1,690
Other current assets		708
Property and equipment		3,927
Goodwill		50,512
Identifiable intangible assets		46,500
Accounts payable and other current liabilities		(11,763)
Billings in excess of costs and estimated earnings		(8,039)
Other non-current liabilities		(104)
Total purchase price	$	121,307

Schedule of acquired finite-lived intangible assets by major class

The acquired assets include the following (in thousands):

	Valuation	Estimated	Estimated
	Method	Amortization Life	Value
Customer relationships	Excess Earnings	10 years	$	36,500
Backlog	Excess Earnings	1 year		6,300
Tradenames	Relief-from-royalty	25 years		3,700
Total acquired intangible assets			$	46,500