Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2011

3. Goodwill and Intangible Assets

The changes in the carrying amount of goodwill for fiscal 2011, the five-week transition period ended January 1, 2011, and fiscal 2010 are as follows (in thousands):


Balance at November 28, 2009	$	141,964
Goodwill adjustments related to acquisitions		(84	)
Goodwill adjustments related to NeuCo		1,191
Effect of foreign currency translation and other adjustments		(1,905	)

Balance at November 27, 2010	$	141,166

Goodwill adjustments related to sale of Asia-Pacific based Energy practice		(39	)
Effect of foreign currency translation and other adjustments		(446	)

Balance at January 1, 2011	$	140,681

Goodwill adjustments related to acquisitions		85
Effect of foreign currency translation and other adjustments		(112	)

Balance at December 31, 2011	$	140,654

On December 13, 2010, the Company sold its Asia-Pacific based Energy practice. The amount of goodwill allocated to the sale was approximately $39,000, which along with assets and liabilities sold, resulted in a pre-tax loss of $0.1 million.

In fiscal 2010 and fiscal 2009, the Company sold select practice areas. The amount of goodwill allocated to the sales in fiscal 2010 and fiscal 2009 were $0.2 million and $0.2 million, respectively. The sales in fiscal 2010 and fiscal 2009 resulted in pre-tax losses of $0.3 million and $0.1 million, respectively.

The net amount of goodwill as of December 31, 2011, January 1, 2011, and November 27, 2010 includes the following amounts (in thousands):

	December 31, 2011		January 1, 2011		November 27, 2010

Goodwill attributable to the acquisition of Marakon	$	990	$	990	$	990
Goodwill attributable to NeuCo		4,588		4,588		4,588
Goodwill attributable to acquisitions that occurred prior to fiscal 2007		135,076		135,103		135,588

Goodwill balance	$	140,654	$	140,681	$	141,166

Intangible assets that are separable from goodwill and have determinable useful lives are valued separately and amortized over their expected useful lives.

The components of acquired identifiable intangible assets are as follows (in thousands):

	December 31, 2011		January 1, 2011		November 27, 2010

Non-competition agreements, net of accumulated amortization of $2,804, $2,363, and $2,333, respectively		1,475	$	1,877	$	1,930
Customer relationships, net of accumulated amortization of $2,529, $2,120, and $2,092, respectively		948		1,209		1,254
Other intangible assets, net of accumulated amortization of $1,473, $1,060, and $1,045, respectively		49		61		75

	$	2,472	$	3,147	$	3,259

Amortization of intangible assets was $0.9 million, $0.1 million, $1.0 million, and $1.4 million in fiscal 2011, the five-week transition period ended January 1, 2011, fiscal 2010, and fiscal 2009, respectively. Amortization of intangible assets held at December 31, 2011 for the next five fiscal years is expected to be as follows (in thousands):

Fiscal Year	Amortization Expense

2012	$	718
2013		703
2014		603
2015		273
2016		92

	$	2,389