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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets  
Schedule of goodwill by reporting unit

    

Utilities

    

Energy/Renewables

Pipeline

    

Total

Balance at December 31, 2021

$

462,905

$

66,344

$

52,415

$

581,664

Goodwill acquired during the period

 

8,059

 

1,923

 

 

9,982

Balance at June 30, 2022

$

470,964

$

68,267

$

52,415

$

591,646

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

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

June 30, 2022

December 31, 2021

Gross Carrying
Amount

    

Accumulated
Amortization

    

Intangible assets, net

    

Gross Carrying
Amount

    

Accumulated
Amortization

    

Intangible assets, net

Tradenames

$

21,270

(20,261)

1,009

$

20,440

$

(19,675)

$

765

Customer relationships

 

226,227

(51,159)

175,068

 

215,227

 

(44,727)

 

170,500

Non-compete agreements

 

1,900

(1,900)

 

1,900

 

(1,845)

 

55

Total

$

249,397

$

(73,320)

$

176,077

$

237,567

$

(66,247)

$

171,320

Schedule of estimated future amortization expense for intangible assets

Estimated

Intangible

Amortization

For the Years Ending December 31, 

    

Expense

2022 (remaining six months)

$

7,144

2023

13,304

2024

 

12,240

2025

 

11,518

2026

 

11,068

Thereafter

 

120,803

$

176,077