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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets  
Schedule of goodwill by reporting unit

    

Utilities

    

Energy/Renewables

Pipeline

    

Total

Balance at December 31, 2021

$

462,905

$

66,344

$

52,415

$

581,664

Goodwill acquired during the period

 

 

1,870

 

 

1,870

Balance at March 31, 2022

$

462,905

$

68,214

$

52,415

$

583,534

Summary of intangible asset categories, amounts and the average amortization periods

The table below summarizes the intangible asset categories and amounts, which are amortized on a straight-line basis (in thousands):

March 31, 2022

December 31, 2021

Gross Carrying
Amount

    

Accumulated
Amortization

    

Intangible assets, net

    

Gross Carrying
Amount

    

Accumulated
Amortization

    

Intangible assets, net

Tradename

$

20,440

(20,024)

416

$

20,440

$

(19,675)

$

765

Customer relationships

 

215,227

(47,960)

167,267

 

215,227

 

(44,727)

 

170,500

Non-compete agreements

 

1,900

(1,873)

27

 

1,900

 

(1,845)

 

55

Total

$

237,567

$

(69,857)

$

167,710

$

237,567

$

(66,247)

$

171,320

Schedule of estimated future amortization expense for intangible assets

Estimated

Intangible

Amortization

For the Years Ending December 31, 

    

Expense

2022 (remaining nine months)

$

9,817

2023

12,409

2024

 

11,690

2025

 

10,968

2026

 

10,518

Thereafter

 

112,308

$

167,710