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Goodwill and Identifiable Intangible Assets, Net (Tables)
9 Months Ended
Sep. 30, 2014
Goodwill and Identifiable Intangible Assets, Net  
Schedule of changes in the carrying amount of goodwill

The changes in the carrying amount of goodwill are as follows (in thousands):

                                                                                                                                                                                    

 

 

September 30,
2014

 

December 31,
2013

 

Balance at beginning of year

 

$

114,588

 

$

114,588

 

Additions

 

 

24,191

 

 

 

Impairment adjustment

 

 

(727

)

 

 

 

 

 

 

 

 

Balance at end of period

 

$

138,052

 

$

114,588

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of components of identifiable intangible assets

Identifiable intangible assets consist of the following (dollars in thousands):

                                                                                                                                                                                    

 

 

 

 

September 30, 2014

 

December 31, 2013

 

 

 

Estimated
Useful Lives
in Years

 

Gross
Book Value

 

Accumulated
Amortization

 

Gross
Book Value

 

Accumulated
Amortization

 

Customer relationships

 

1 - 15

 

$

48,825

 

$

(24,829

)

$

40,404

 

$

(20,978

)

Backlog

 

1 - 2

 

 

1,600

 

 

(473

)

 

6,515

 

 

(6,515

)

Noncompete agreements

 

2 - 7

 

 

2,890

 

 

(2,813

)

 

2,890

 

 

(2,649

)

Tradenames

 

2 - 25

 

 

27,995

 

 

(6,936

)

 

23,695

 

 

(5,979

)

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

$

81,310

 

$

(35,051

)

$

73,504

 

$

(36,121

)