XML 53 R38.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill and Identifiable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill by reportable segments during the years ended December 31, 2018 and 2017 were as follows (in thousands):  
 
United States
electrical
construction
and facilities
services segment
 
United States
mechanical
construction
and facilities
services segment
 
United States
building
services segment
 
United States
industrial services segment
 
Total
Balance at December 31, 2016
$
123,600

 
$
226,596

 
$
244,793

 
$
384,639

 
$
979,628

Acquisitions, sales and purchase price adjustments
2,107

 
30,969

 
9,640

 

 
42,716

Intersegment transfers

 
(1,300
)
 
1,300

 

 

Impairment

 

 

 
(57,451
)
 
(57,451
)
Balance at December 31, 2017
125,707

 
256,265

 
255,733

 
327,188

 
964,893

Acquisitions, sales and purchase price adjustments
7,500

 
56

 
18,438

 

 
25,994

Balance at December 31, 2018
$
133,207

 
$
256,321

 
$
274,171

 
$
327,188

 
$
990,887

Schedule of Intangible Assets
Identifiable intangible assets as of December 31, 2018 and 2017 consist of the following (in thousands):  
 
December 31, 2018
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Accumulated
Impairment
Charge 
 
Total
Contract backlog
$
58,945

 
$
(56,812
)
 
$

 
$
2,133

Developed technology/Vendor network
95,661

 
(55,318
)
 

 
40,343

Customer relationships
522,855

 
(240,073
)
 
(4,834
)
 
277,948

Non-competition agreements
10,220

 
(10,220
)
 

 

Trade names (amortized)
31,148

 
(20,893
)
 

 
10,255

Trade names (unamortized)
209,840

 

 
(52,233
)
 
157,607

Total
$
928,669

 
$
(383,316
)
 
$
(57,067
)
 
$
488,286


 
December 31, 2017
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Accumulated
Impairment
Charge
 
Total
Contract backlog
$
55,545

 
$
(55,229
)
 
$

 
$
316

Developed technology/Vendor network
95,661

 
(50,479
)
 

 
45,182

Customer relationships
500,756

 
(206,319
)
 
(4,834
)
 
289,603

Non-competition agreements
10,220

 
(10,178
)
 

 
42

Trade names (amortized)
32,848

 
(19,461
)
 

 
13,387

Trade names (unamortized)
198,739

 

 
(52,233
)
 
146,506

Total
$
893,769

 
$
(341,666
)
 
$
(57,067
)
 
$
495,036

Schedule of Estimated Future Amortization Expense
The following table presents the estimated future amortization expense of identifiable intangible assets in the following years (in thousands):  
2019
$
42,315

2020
40,000

2021
39,207

2022
37,003

2023
36,065

Thereafter
136,089

 
$
330,679