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Goodwill (Text Block)
 3 Months Ended
Mar. 31, 2013
Goodwill Excluding Non Goodwill Intangibles [Abstract]  
Goodwill Disclosure [Text Block]
Goodwill

The following table reflects the goodwill balance as of March 31, 2013:

 
Energy
 
Water
 
Total Company
 
(in thousands)
Balance at January 1, 2013
 
 
 
 
 
Goodwill before impairment
$
859,454

 
$
414,394

 
$
1,273,848

Accumulated impairment losses
(249,502
)
 
(323,330
)
 
(572,832
)
Goodwill, net
609,952

 
91,064

 
701,016

 
 
 
 
 
 
Adjustments of previous acquisition
(197
)
 
—

 
(197
)
Effect of change in exchange rates
(15,174
)
 
(2,430
)
 
(17,604
)
 
 
 
 
 
 
Balance at March 31, 2013
 
 
 
 
 
Goodwill before impairment
834,654

 
399,746

 
1,234,400

Accumulated impairment losses
(240,073
)
 
(311,112
)
 
(551,185
)
Goodwill, net
$
594,581

 
$
88,634

 
$
683,215



During the first quarter of 2013, we recorded certain purchase price allocation adjustments related to the SmartSynch acquisition, completed on May 1, 2012, which are reflected as Adjustments of previous acquisition. These adjustments affected the fair value calculation of certain accrued liabilities associated with specific contracts; however, they had no effect on our results of operations for the three months ended March 31, 2013 or for the year ended December 31, 2012. These adjustments were not material, and we have not retrospectively adjusted the comparative amounts on the Consolidated Balance Sheet as of December 31, 2012. We are continuing to collect information to determine the fair value of certain accrued liabilities, which would affect goodwill. We expect to finalize the purchase price allocation related to the SmartSynch acquisition by April 30, 2013.

Accumulated impairment losses relate to goodwill impairment charges recorded during 2011 as a result of a significant decline in the price of our shares of common stock at the end of September 2011, which reduced our aggregate market value significantly below the carrying value of our net assets as of September 30, 2011.

Goodwill and accumulated impairment losses associated with our international subsidiaries are recorded in their respective functional currency; therefore, the carrying amounts of these balances increase or decrease, with a corresponding change in accumulated OCI, due to changes in foreign currency exchange rates.