XML 29 R14.htm IDEA: XBRL DOCUMENT
v3.19.2

Goodwill and Intangibles | 9 Months Ended
--- | ---
Jun. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangibles | Goodwill and Intangibles As a result of the refinement of the segment realignment in the first quarter of fiscal 2019 (See Note 8- Segment Information), a portion of the historical carrying value of goodwill for the former Aerospace, Technology, Environmental and Nuclear segment was allocated to the Buildings, Infrastructure and Advanced Facilities segment on a relative fair value basis to reflect the movement of the Global Environmental Solutions ("GES") business between segments. Additionally, because of the sale of the Energy, Chemicals and Resources ("ECR") line of business (see Note 7- Sale of Energy, Chemicals and Resources ("ECR") Business) which is now reflected as discontinued operations, the goodwill balance associated with ECR has been reclassified to noncurrent assets held for sale on the Consolidated Balance Sheets for the three-months ended June 28, 2019 and the fiscal year ended September 28, 2018. The carrying value of goodwill associated with continuing operations and appearing in the accompanying Consolidated Balance Sheets at June 28, 2019 and September 28, 2018 was as follows (in millions):
| Aerospace, Technology and Nuclear |  | Buildings, Infrastructure and Advanced Facilities |  | Total
Balance September 28, 2018 | $ | 1,581 |  |  | $ | 3,215 |  |  | $ | 4,796 |
Acquired | 602 |  |  | — |  |  | 602 |
Post-Acquisition Adjustments | (10 | ) |  | (4 | ) |  | (14 | )
Foreign Exchange Impact | (4 | ) |  | (9 | ) |  | (13 | )
Balance June 28, 2019 | $ | 2,169 |  |  | $ | 3,202 |  |  | $ | 5,371 |
The following table provides certain information related to the Company’s acquired intangibles in the accompanying Consolidated Balance Sheets at June 28, 2019 and September 28, 2018 (in thousands):
| Customer Relationships, Contracts and Backlog |  | Developed Technology |  | Trade Names |  | Lease Intangible Assets |  | Other |  | Total
Balances September 28, 2018 | $ | 568,323 |  |  | $ | — |  |  | $ | 2,102 |  |  | $ | 2,527 |  |  | $ | — |  |  | $ | 572,952 |
Amortization | (54,064 | ) |  | — |  |  | (1,249 | ) |  | (419 | ) |  | — |  |  | (55,732 | )
Acquired | 144,000 |  |  | 42,000 |  |  |  |  |  |  | 2,302 |  |  | 188,302 |
Foreign currency translation | (11,417 | ) |  | — |  |  | 36 |  |  | (24 | ) |  | — |  |  | (11,405 | )
Balances June 28, 2019 | $ | 646,842 |  |  | $ | 42,000 |  |  | $ | 889 |  |  | $ | 2,084 |  |  | $ | 2,302 |  |  | $ | 694,117 |
In addition, we acquired $9.6 million in lease intangible liabilities in connection with the CH2M acquisition, of which $2.4 million remains unamortized at June 28, 2019. The following table presents estimated amortization expense of intangible assets for the remainder of fiscal 2019 and for the succeeding years.
Fiscal Year |  | (in millions)
2019 |  | $ | 22.6 |
2020 |  | 85.2 |
2021 |  | 79.9 |
2022 |  | 78.8 |
2023 |  | 78.4 |
Thereafter |  | 346.8 |
Total |  | $ | 691.7 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration