Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2012

Goodwill and Intangible Assets [Abstract]

Changes in the carrying amount of goodwill

Changes in the carrying amount of goodwill during the nine months ended September 30, 2012 are shown in the table below (in thousands):

	Building			Civil			Specialty Contractors		Management Services			Total
Gross Goodwill	$	420,267		$	430,762		$	141,833	$	66,638		$	1,059,500
Accumulated Impairment		(146,847	)		-			-		(20,051	)		(166,898	)
Balance at December 31, 2011		273,420			430,762			141,833		46,587			892,602
Acquisition related adjustments		-			(869	)		-		-			(869	)
Impairment charge		(262,918	)		(55,740	)		-		(2,429	)		(321,087	)
Balance at September 30, 2012	$	10,502		$	374,153		$	141,833	$	44,158		$	570,646

Schedule of finite and indefinite-lived intangible assets

Intangible assets consist of the following (in thousands):

	September 30, 2012										Weighted
	Cost		Accumulated Amortization			Accumulated Impairment Charge			Carrying Value		Average Amortization Period
Trade names (non-amortizable)	$	117,600	$	-		$	(67,190	)	$	50,410	Indefinite
Trade names (amortizable)		74,350		(3,232	)		(23,232	)		47,886	20 years
Contractor license		6,000		-			(6,000	)		-		N/A
Customer relationships		39,800		(12,708	)		(16,645	)		10,447	11.4 years
Construction contract backlog		73,706		(52,357	)		-			21,349	3.6 years
Total	$	311,456	$	(68,297	)	$	(113,067	)	$	130,092
	December 31, 2011										Weighted
	Cost		Accumulated Amortization			Accumulated Impairment Charge			Carrying Value		Average Amortization Period
Trade names (non-amortizable)	$	117,600	$	-		$	(56,100	)	$	61,500	Indefinite
Trade names (amortizable)		74,350		(788	)		(800	)		72,762	20 years
Contractor license		6,000		-			(680	)		5,320	Indefinite
Customer relationships		39,800		(10,585	)		-			29,215	11.6 years
Construction contract backlog		71,140		(41,938	)		-			29,202	2.9 years
Total	$	308,890	$	(53,311	)	$	(57,580	)	$	197,999