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Goodwill and Intangibles (Tables)
9 Months Ended
Jul. 01, 2012
Goodwill and Intangibles  
Summary of changes in the carrying value of goodwill

 

 

 

 

Engineering and
Consulting
Services

 

Technical
Support
Services

 

Engineering
and
Architecture
Services
(4)

 

Remediation
and
Construction
Management

 

Total

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at October 2, 2011

 

$

 405,678

 

$

 82,091

 

$

 17,710

 

$

 63,935

 

$

 569,414

 

Inter-segment transfers(1)

 

(29,338)

 

45,435

 

 

(16,097)

 

 

Goodwill additions

 

5,283

 

31,201

 

 

1,945

 

38,429

 

Currency translation adjustments(2)

 

9,511

 

 

 

 

9,511

 

Goodwill adjustments(3)

 

9,792

 

35

 

 

 

9,827

 

Balance at July 1, 2012

 

$

 400,926

 

$

 158,762

 

$

 17,710

 

$

 49,783

 

$

 627,181

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)              Transfers resulted from a realignment of certain operating activities in our reportable segments (See Note 9, “Reportable Segments” for more information).

(2)              Currency translation adjustments relate to our foreign subsidiaries with functional currencies different than our reporting currency.

(3)                Adjustments resulted from contingent earn-out payments related to acquisitions completed prior to fiscal 2010.

(4)              Gross amount of goodwill for the Engineering and Architecture Services segment was $122.7 million for both July 1, 2012, and October 2, 2011.  For both periods, accumulated impairment losses for this segment were $105 million,  reflecting impairment charges in fiscal 2005.  There were no impairment losses in the other reportable segments.

Summary of acquired identifiable intangible assets with finite useful lives

 

 

 

 

July 1, 2012

 

October 2, 2011

 

 

 

Weighted-
Average
Remaining Life
(in Years)

 

Gross
Amount

 

Accumulated
Amortization

 

Gross
Amount

 

Accumulated
Amortization

 

 

 

($ in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

Non-compete agreements

 

1.5

 

$

 5,365

 

$

 (4,331)

 

$

 5,175

 

$

 (3,430)

 

Client relations

 

5.8

 

97,364

 

(27,533)

 

81,619

 

(17,951)

 

Backlog

 

1.3

 

59,116

 

(51,421)

 

52,938

 

(39,452)

 

Technology and trade names

 

3.9

 

2,949

 

(1,020)

 

2,684

 

(530)

 

Total

 

 

 

$

 164,794

 

$

 (84,305)

 

$

 142,416

 

$

 (61,363)

Estimated amortization expense for the succeeding five years and beyond

 

 

 

 

Amount

 

 

 

(in thousands)

 

 

 

 

 

2012

 

$

 7,470

 

2013

 

17,554

 

2014

 

14,016

 

2015

 

12,975

 

2016

 

11,400

 

Beyond

 

17,074

 

Total

 

$

 80,489