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Business Acquisitions (Tables) (Dyna Ten)
12 Months Ended
Dec. 31, 2014
Dyna Ten
 
Business Acquisition [Line Items]  
Fair value of assets acquired and liabilities assumed

        The following summarizes the acquisition date fair value of consideration transferred and identifiable assets acquired and liabilities assumed, including an amount for goodwill (in thousands):

                                                                                                                                                                                    

Cash and cash equivalents

 

$

387

 

Receivables

 

 

15,516

 

Costs and estimated earnings in excess of billings

 

 

1,481

 

Other current assets

 

 

601

 

Property and equipment

 

 

3,239

 

Other non-current assets

 

 

6

 

Goodwill

 

 

19,379

 

Identifiable intangible assets

 

 

10,900

 

Accounts payable and other current liabilities

 

 

(5,634

)

Billings in excess of costs and estimated earnings

 

 

(4,703

)

Capital lease obligations

 

 

(711

)

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​  

Total purchase price

 

$

40,461

 

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Schedule of acquired finite-lived intangible assets by major class

        The acquired assets include the following (in thousands):

                                                                                                                                                                                    

 

 

Valuation
Method

 

Estimated
Amortization Life

 

Estimated
Value

 

Customer relationships

 

Excess earnings

 

15 years

 

$

5,600 

 

Backlog

 

Excess earnings

 

2 years

 

$

1,200 

 

Tradenames

 

Relief-from-royalty

 

25 years

 

$

4,100 

 

​  

​  

Total acquired intangible assets

 

 

 

 

 

$

10,900 

 

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