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Goodwill and Intangibles (Tables)
3 Months Ended
Jan. 01, 2012
Goodwill and Intangibles  
Summary of changes in the carrying value of goodwill

 

 

 

 

Engineering
and Consulting
Services

 

Technical
Support
Services

 

Engineering
and
Architecture
Services 
(2)

 

Remediation
and
Construction
Management

 

Total

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at October 2, 2011(1) 

 

$

376,340

 

 

$

127,526

 

 

$

17,710

 

 

$

47,838

 

 

$

569,414

 

 

Adjustments

 

35

 

 

 

 

 

 

 

 

35

 

 

Currency translation adjustments(3) 

 

7,957

 

 

 

 

 

 

 

 

7,957

 

 

Balance at January 1, 2012

 

$

384,332

 

 

$

127,526

 

 

$

17,710

 

 

$

47,838

 

 

$

577,406

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)     Prior year amounts for reportable segments have been reclassified to conform to the current year presentation as discussed in Note 1, “Basis of Presentation”.

(2)     Gross amount of goodwill for the Engineering and Architecture Services segment was $122.7 million for both January 1, 2012, and October 2, 2011. For both periods, accumulated impairment losses for this segment were $105 million, reflecting impairment charges in fiscal 2005. There were no impairment losses in the other reportable segments.

(3)     Currency translation adjustments relate to our foreign subsidiaries with functional currencies different than our reporting currency.

Summary of acquired identifiable intangible assets with finite useful lives

 

 

 

 

January 1, 2012

 

October 2, 2011

 

 

 

Weighted-
Average
Remaining Life
(in Years)

 

Gross
Amount

 

Accumulated
Amortization

 

Gross
Amount

 

Accumulated
Amortization

 

 

 

($ in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-compete agreements

 

1.7

 

$

5,257

 

 

$

(3,756

)

 

$

5,175

 

 

$

(3,430

)

 

Client relations

 

6.0

 

83,326

 

 

(21,390

)

 

81,619

 

 

(17,951

)

 

Backlog

 

0.7

 

53,623

 

 

(44,547

)

 

52,938

 

 

(39,452

)

 

Technology and trade names

 

4.4

 

2,755

 

 

(699

)

 

2,684

 

 

(530

)

 

Total

 

 

 

$

144,961

 

 

$

(70,392

)

 

$

142,416

 

 

$

(61,363

)

 

Estimated amortization expense for the succeeding five years and beyond

 

 

 

 

Amount

 

 

 

(in thousands)

 

 

 

 

 

 

2012

 

$

18,951

 

 

2013

 

12,291

 

 

2014

 

11,203

 

 

2015

 

10,910

 

 

2016

 

9,388

 

 

Beyond

 

11,826

 

 

Total

 

$

74,569