Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2013

Goodwill and Other Intangible Assets

Carrying Amount of Goodwill

							Specialty		Management
	Civil			Building			Contractors		Services			Total
	(in thousands)
Gross Goodwill Balance	319,254			402,926			—		66,638			788,818
Accumulated Impairment	—			(146,847		)	—		(20,051		)	(166,898		)
Goodwill recorded in connection with the acquisition of Fisk, Anderson, Lunda, GreenStar and Becho	129,775			140,907			—		—			270,682
Reallocation based on relative fair value (1)	(18,267		)	(123,566		)	141,833		—			—
Balance at December 31, 2011	430,762			273,420			141,833		46,587			892,602
Acquisition related adjustments	(869		)	—			—		—			(869		)
Impairment charge	(55,740		)	(262,918		)	—		(2,429		)	(321,087		)
Balance at December 31, 2012	$	374,153		$	10,502		$	141,833	$	44,158		$	570,646
Goodwill recorded in connection with an acquisition (2)	—			—			7,110		—			7,110
Balance at December 31, 2013	$	374,153		$	10,502		$	148,943	$	44,158		$	577,756

(1)  During the third quarter of 2011, the Company completed a reorganization which resulted in the formation of the Specialty Contractors reporting unit and reportable segment. The Specialty Contractors reporting unit consists of the following subsidiary companies: WDF, FSE, Nagelbush, Fisk, Desert Mechanical, Inc. (“DMI”) (all previously included in the Building reporting unit), and Superior Gunite (previously included in the Civil reporting unit). The reorganization enabled the Company to focus on vertical integration through increased self- performed work capabilities, while maintaining the specialty contractors business with third parties, and strengthened the Company’s position as a full-service contractor with greater control over scheduled delivery and risk management. The Company reallocated goodwill between its reorganized reporting units based on a relative fair value assessment in accordance with the guidance on segment reporting.

(2)  During the third quarter of 2013, the Company acquired a small fire protection systems contractor. As this acquisition is immaterial, no proforma disclosures are presented.

Intangible Assets

	December 31, 2013
											Weighted
						Accumulated					Average
			Accumulated			Impairment			Carrying		Amortization
	Cost		Amortization			Charge			Value		Period
			(in thousands)
Trade names (non-amortizable)	$	117,600	$	—		$	(67,190	)	$	50,410	Indefinite
Trade names (amortizable)	74,350		(6,341		)	(23,232		)	44,777		20 years
Contractor license	6,000		—			(6,000		)	—		Indefinite
Customer relationships	39,800		(14,315		)	(16,645		)	8,840		11.4 years
Construction contract backlog	73,706		(63,993		)	—			9,713		3.6 years
Total	$	311,456	$	(84,649	)	$	(113,067	)	$	113,740

	December 31, 2012
											Weighted
						Accumulated					Average
			Accumulated			Impairment			Carrying		Amortization
	Cost		Amortization			Charge			Value		Period
			(in thousands)
Trade names (non-amortizable)	$	117,600	$	—		$	(67,190	)	$	50,410	Indefinite
Trade names (amortizable)	74,350		(3,854		)	(23,232		)	47,264		20 years
Contractor license	6,000		—			(6,000		)	—		Indefinite
Customer relationships	39,800		(13,029		)	(16,645		)	10,126		11.4 years
Construction contract backlog	73,706		(54,685		)	—			19,021		3.6 years
Total	$	311,456	$	(71,568	)	$	(113,067	)	$	126,821