XML 18 R29.htm IDEA: XBRL DOCUMENT v3.20.1
Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets  
Schedule of goodwill by reporting unit

The carrying amount of goodwill by reportable segment is as follows (in thousands):

​

​

​

​

​

​

​

​

​

​

​

March 31, 

​

December 31, 

 

Reporting Segment

    

2020

    

2019

 

Power

 

$

26,194

​

$

26,194

​

Pipeline

 

 

52,415

​

 

52,415

​

Utilities

 

 

37,312

​

 

37,312

​

Transmission

​

​

59,032

​

​

59,032

​

Civil

 

 

40,150

​

 

40,150

​

Total Goodwill

​

$

215,103

​

$

215,103

​

​

Summary of intangible asset categories, amounts and the average amortization periods

The table below summarizes the intangible asset categories, amounts and the average amortization periods, which are on a straight-line basis (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

March 31, 2020

​

December 31, 2019

​

​

    

Weighted
Average Life

    

Gross Carrying
Amount

    

Accumulated
Amortization

    

Intangible assets, net

    

Gross Carrying
Amount

    

Accumulated
Amortization

    

Intangible assets, net

 

Tradename

​

9 years

​

$

16,040

​

​

(13,714)

​

​

2,326

​

$

16,040

​

$

(13,216)

​

$

2,824

​

Customer relationships

 

17 years

​

 

91,000

​

​

(26,128)

​

​

64,872

​

 

91,000

​

 

(24,353)

​

 

66,647

​

Non-compete agreements

​

5 years

​

 

1,900

​

​

(1,653)

​

​

247

​

 

1,900

​

 

(1,580)

​

 

320

​

Other

​

3 years

​

​

275

​

​

(260)

​

​

15

​

​

275

​

​

(237)

​

​

38

​

Total

 

16 years

​

$

109,215

​

$

(41,755)

​

$

67,460

​

$

109,215

​

$

(39,386)

​

$

69,829

​

Schedule of estimated future amortization expense for intangible assets Estimated future amortization expense for intangible assets is as follows (in thousands):

​

​

​

​

​

​

​

​

Estimated

 

​

​

Intangible

 

​

​

Amortization

 

For the Years Ending December 31, 

    

Expense

 

2020 (remaining nine months)

​

$

6,448

​

2021

​

​

7,577

​

2022

​

 

6,416

​

2023

​

 

5,581

​

2024

​

 

4,862

​

Thereafter

​

 

36,576

​

​

​

$

67,460

​