XML 158 R14.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Goodwill and other intangible assets
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and other intangible assets Goodwill and Other Intangible Assets
The changes in the carrying amount of goodwill for the year ended December 31, 2019, were as follows:
 
Balance at January 1, 2019

Goodwill Acquired
During the Year

Measurement Period
Adjustments

Balance at December 31, 2019

 
(In thousands)
Natural gas distribution
$
345,736

$

$

$
345,736

Construction materials and contracting
209,421

14,482

(6,669
)
217,234

Construction services
109,765

8,623


118,388

Total
$
664,922

$
23,105

$
(6,669
)
$
681,358


The changes in the carrying amount of goodwill for the year ended December 31, 2018, were as follows:
 
Balance at January 1, 2018

Goodwill Acquired
During the Year

Measurement Period
Adjustments

Balance at December 31, 2018

 
(In thousands)
Natural gas distribution
$
345,736

$

$

$
345,736

Construction materials and contracting
176,290

33,131


209,421

Construction services
109,765



109,765

Total
$
631,791

$
33,131

$

$
664,922


During 2019 and 2018, the Company completed three and four business combinations, respectively, and the results of these acquisitions have been included in the Company's construction materials and contracting and construction services segments. These business combinations increased the construction materials and contracting segment's goodwill balance at December 31, 2019 and 2018, respectively, and increased the construction services segment's goodwill balance at December 31, 2019, as noted in the previous tables. At December 31, 2019 and 2018, the impacts of these business combinations on other intangible assets resulted in an increase of $6.8 million and $8.2 million, respectively. For more information related to these business combinations, see Note 3.
Other amortizable intangible assets at December 31 were as follows:
 
2019

2018

 
(In thousands)
Customer relationships
$
17,958

$
22,720

Less accumulated amortization
6,268

13,535

 
11,690

9,185

Noncompete agreements
3,439

2,605

Less accumulated amortization
1,957

1,956

 
1,482

649

Other
8,094

6,458

Less accumulated amortization
6,020

5,477

 
2,074

981

Total
$
15,246

$
10,815


Amortization expense for amortizable intangible assets for the years ended December 31, 2019, 2018 and 2017, was $2.4 million, $1.2 million and $2.0 million, respectively. The amounts of estimated amortization expense for identifiable intangible assets as of December 31, 2019, were:
 
2020

2021

2022

2023

2024

Thereafter

 
(In thousands)
Amortization expense
$
3,365

$
2,016

$
1,968

$
1,924

$
1,610

$
4,363