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Intangible Assets
12 Months Ended
Dec. 31, 2012
Intangible Assets  
Intangible Assets

Note 9—Intangible Assets

 

At December 31, 2012 and 2011, intangible assets totaled $51,978 and $32,021, respectively, net of amortization.   The December 31, 2012 balance includes the effect of four acquisitions during 2012 (See Note 4).  The table below summarizes the intangible asset categories, amounts and the average amortization periods which are generally on a straight-line basis, at December 31:

 

 

 

Amortization

 

 

 

Amount

 

 

 

Period

 

 

 

2012

 

2011

 

Tradename

 

3 and 10 years

 

 

 

$

23,586

 

$

18,791

 

Non-compete agreements

 

2 to 5 years

 

 

 

4,130

 

4,695

 

Customer relationships

 

5 to 15 years

 

 

 

24,212

 

8,181

 

Backlog

 

0.75 years

 

 

 

50

 

354

 

 

 

 

 

Total

 

$

51,978

 

$

32,021

 

 

Amortization expense of intangible assets was $6,543, $9,699 and $6,580 for the years ended December 31, 2012, 2011 and 2010, respectively.  Estimated amortization expense for intangible assets as of December 31, 2012 is as follows:

 

For the Years Ending
December 31,

 

Estimated
Intangible
Amortization
Expense

 

2013

 

$

7,020

 

2014

 

6,986

 

2015

 

5,834

 

2016

 

5,330

 

2017

 

5,318

 

Thereafter

 

21,490

 

 

 

$

51,978