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Acquisition of Stork Holding B.V. (Tables)
12 Months Ended
Dec. 31, 2017
Acquisitions of Stork Holding B.V  
Summary of fair values of assets acquired and liabilities assumed as of the acquisition date

 

(in thousands)

 

In EUR

 

In USD

 

Cash and cash equivalents

 

54,441

 

$

59,204

 

Accounts and notes receivable

 

167,894

 

182,585

 

Contract work in process

 

96,667

 

105,125

 

Other current assets

 

51,065

 

55,533

 

Property, plant and equipment

 

162,525

 

176,746

 

Investments

 

1,487

 

1,617

 

Intangible assets

 

171,000

 

185,963

 

Goodwill

 

383,734

 

417,310

 

Deferred taxes, net

 

9,867

 

10,730

 

Other assets

 

900

 

979

 

Trade accounts payable

 

(113,898

)

(123,864

)

Advance billings on contracts

 

(21,364

)

(23,234

)

Other accrued liabilities

 

(205,034

)

(222,975

)

Revolving credit facility and other borrowings

 

(400,228

)

(435,248

)

Long-term debt

 

(15,295

)

(16,633

)

Noncurrent liabilities

 

(65,001

)

(70,689

)

Noncontrolling interests

 

(2,947

)

(3,205

)

 

 

 

 

 

 

Net assets acquired

 

275,813

 

$

299,944

 

 

 

 

 

 

 

 

 

 

Schedule of pro forma financial information

 

 

 

Year Ended December 31,

 

(in thousands)

 

2016

 

2015

 

Pro forma revenue

 

$

19,262,991

 

$

19,786,167

 

Pro forma net earnings attributable to Fluor Corporation

 

 

283,705

 

413,040