INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2011

Intangible Assets [Abstract]

GOODWILL AND INTANGIBLE ASSETS

NOTE 6. GOODWILL AND INTANGIBLE ASSETS

Goodwill

As of December 31, 2011 and 2010, goodwill recorded as a result of business acquisitions was $211.8 million and $97.6 million, respectively. The increase of $114.2 million represented the amount of goodwill recorded from the HPTi merger as more fully described in Note 3.

Intangible Assets

Components of the Company’s identifiable intangible assets are as follows:

	Weighted average amortization life (years)	Cost		Accumulated Amortization			Net
Balance at December 31, 2011:
Customer relationships	8.3	$	14,600	$	(1,214	)	$	13,386
Contractual backlog	6.5		6,700		(1,943	)		4,757
Customer contracts	5.4		3,500		(3,307	)		193
Non-competition agreements	3.0		1,400		(1,400	)		-
Trade name	1.5		600		(195	)		405
Total	7.0	$	26,800	$	(8,059	)	$	18,741
Balance at December 31, 2010:
Customer relationships	7.0	$	1,900	$	(440	)	$	1,460
Customer contracts	5.4		3,500		(2,857	)		643
Non-competition agreements	3.0		1,400		(970	)		430
8(a) contract transition	0.9		130		(130	)		-
Total	5.3	$	6,930	$	(4,397	)	$	2,533

During 2011 and 2010, the Company wrote off $0.1 million and $11.5 million, respectively, of fully amortized intangible assets. The Company recorded amortization expense for its identifiable intangible assets of $3.8 million, $1.5 million and $3.3 million in 2011, 2010 and 2009, respectively.

At December 31, 2011, estimated future amortization expense for the identifiable intangible assets to be recorded by the Company in subsequent fiscal years is as follows:

Year ending December 31:
2012	$	4,124
2013	$	3,722
2014	$	3,663
2015	$	2,887
2016	$	2,139
2017 and thereafter	$	2,206