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Goodwill and Identifiable Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Identifiable Intangible Assets, Net  
Schedule of changes in the carrying amount of goodwill

The changes in the carrying amount of goodwill are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

2016

    

2015

 

Balance at beginning of year

 

$

143,874

 

$

140,341

 

Additions (See Note 4)

 

 

5,334

 

 

3,533

 

Balance at end of year

 

$

149,208

 

$

143,874

 

 

Schedule of components of identifiable intangible assets

Identifiable intangible assets consist of the following (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

2016

 

2015

 

 

    

Useful Lives

    

Gross Book

    

Accumulated

    

Gross Book

    

Accumulated

 

 

    

in Years

    

Value

    

Amortization

    

Value

    

Amortization

 

Customer relationships

 

1 - 15

 

$

57,230

 

$

(36,758)

 

$

53,334

 

$

(31,960)

 

Backlog

 

1 - 2

 

 

3,600

 

 

(3,433)

 

 

1,600

 

 

(1,412)

 

Noncompete agreements

 

2 - 7

 

 

2,890

 

 

(2,890)

 

 

2,890

 

 

(2,890)

 

Tradenames

 

2 - 25

 

 

31,640

 

 

(9,844)

 

 

27,995

 

 

(8,478)

 

Total

 

 

 

$

95,360

 

$

(52,925)

 

$

85,819

 

$

(44,740)

 

 

Schedule of future amortization expense of identifiable intangible assets

At December 31, 2016, future amortization expense of identifiable intangible assets is as follows (in thousands):

 

 

 

 

 

Year ended December 31—

    

 

    

 

2017

    

$

5,702

 

2018

 

 

4,861

 

2019

 

 

4,246

 

2020

 

 

3,751

 

2021

 

 

3,300

 

Thereafter

 

 

20,575

 

Total

 

$

42,435