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Acquisition (Tables)
6 Months Ended
Jun. 30, 2013
Acquired Indefinite-lived Intangible Assets [Line Items]  
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]
We recorded amortization expense associated with the acquired intangible assets as follows:


 
Three Months Ended
 
Six Months Ended
 
(in thousands)
 
June 30, 2013
Cost of revenue - Construction
 
$
1,600

 
$
3,200

 
Cost of revenue - Large Project Construction
 
140

 
247

 
Selling, general and administrative expenses
 
181

 
362

 
Total
 
$
1,921

 
$
3,809

 
Schedule of Purchase Price Allocation [Table Text Block]
The following table presents the adjusted purchase price allocation (in thousands):
Cash and cash equivalents
 
 
 
$
53,185

 
Receivables
 
 
 
88,725

 
Costs and estimated earnings in excess of billings
 
 
 
444

 
Inventories
 
 
 
731

 
Equity in construction joint ventures
 
 
 
7,803

 
Other current assets
 
 
 
6,039

 
Property and equipment, net
 
 
 
52,267

 
Identifiable intangible assets:
 
 
 
 
 
       Acquired backlog
 
7,900

 
 
 
Customer list
 
2,200

 
 
 
       Trade name
 
4,100

 
 
 
Total identifiable intangible assets
 
 
 
14,200

 
Total identifiable assets acquired
 
 
 
223,394

 
Accounts payable
 
 
 
43,748

 
Billings in excess of costs and estimated earnings
 
 
 
50,098

 
Accrued expenses and other current liabilities
 
 
 
16,806

 
Noncontrolling interests
 
 
 
15,326

 
Net identifiable assets acquired
 
 
 
97,416

 
Goodwill
 
 
 
43,698

 
Purchase price
 
 
 
$
141,114