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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 27, 2019
GOODWILL AND OTHER INTANGIBLE ASSETS  
Schedule of changes in the carrying value of goodwill by reporting unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 28,

 

Additional

 

Additions /

 

December 27,

 

    

2018

    

Purchase Cost

    

Adjustments

    

2019

 

 

(in thousands)

Reporting Unit:

 

 

 

 

 

 

 

 

 

 

 

 

Energy

 

$

96,999

 

$

39,690

 

$

(9,791)

 

$

126,898

Engineering and Consulting

 

 

749

 

 

 

 

 

 

 

 

749

 

 

$

97,748

 

$

39,690

 

$

(9,791)

 

$

127,647

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 29,

 

Additional

 

Additions /

 

December 28,

 

    

2017

    

Purchase Cost

    

Adjustments

    

2018

 

 

(in thousands)

Reporting Unit:

 

 

 

 

 

 

 

 

 

 

 

 

Energy

 

$

37,435

 

$

59,466

 

$

98

 

$

96,999

Engineering and Consulting

 

 

749

 

 

 —

 

 

 —

 

 

749

 

 

$

38,184

 

$

59,466

 

$

98

 

$

97,748

 

Schedule of gross amounts and accumulated amortization of the Company's acquired identifiable intangible assets with finite useful lives

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 27, 2019

 

December 28, 2018

 

 

 

 

 

 

 

 

Gross

 

Accumulated

 

Gross

 

Accumulated

 

Amortization

 

    

Amount

    

Amortization

    

Amount

    

Amortization

    

Period

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in years)

Finite:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Backlog

 

$

7,134

 

$

3,763

 

$

2,514

 

$

2,155

 

1.0

Tradename

 

 

13,351

 

 

4,882

 

 

10,301

 

 

3,118

 

2.5

 

-

 

6.0

Non-compete agreements

 

 

2,320

 

 

1,384

 

 

1,420

 

 

1,042

 

4.0

 

-

 

5.0

Developed technology

 

 

14,620

 

 

3,227

 

 

12,920

 

 

944

 

8.0

Customer relationships

 

 

60,733

 

 

8,065

 

 

25,219

 

 

2,441

 

5.0

 

-

 

8.0

Total finite intangible assets

 

$

98,158

 

$

21,321

 

$

52,374

 

$

9,700

 

 

 

 

 

 

In-process research and technology (1)

 

 

 —

 

 

 —

 

 

1,690

 

 

 —

 

 

 

 

 

 

Total intangible assets

 

$

98,158

 

$

21,321

 

$

54,064

 

$

9,700

 

 

 

 

 

 

 

(1)

In-process research and technology is not amortized until put into use.

Schedule of estimated amortization expense for acquired identifiable intangible assets

 

 

 

 

 

 

 

Future Intangible Asset

 

 

 

Amortization expense

 

 

 

(in thousands)

Fiscal year:

 

 

 

2020

 

 

13,025

2021

 

 

11,622

2022

 

 

11,233

2023

 

 

9,962

2024

 

 

6,871

Thereafter

 

 

24,124

 

 

$

76,837