Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jul. 01, 2012

Goodwill and Other Intangible Assets [Abstract]

Goodwill and other intangible assets

Goodwill and other intangible assets consist of the following:

(In thousands) Other intangible assets, net	Transportation			Federal			Total
Balance, December 31, 2011	$	11,243		$	11,664		$	22,907
Less: Amortization		(2,991	)		(2,333	)		(5,324	)
Balance, July 1, 2012	$	8,252		$	9,331		$	17,583

(In thousands) Goodwill	Transportation		Federal		Total
Balance, December 31, 2011	$	59,334	$	22,264	$	81,598
Balance, July 1, 2012	$	59,334	$	22,264	$	81,598

Summary of other intangible assets

The following tables summarize the Company’s other intangible assets balance as of July 1, 2012 and December 31, 2011:

(In thousands)	Acquisition Date Fair Value		Accumulated Amortization			Carrying Value
Project backlog	$	16,459	$	(12,210	)	$	4,249
Customer contracts and related relationships		15,460		(3,145	)		12,315
Non-compete agreements		3,671		(3,039	)		632
Trademark / trade name		1,110		(723	)		387
Total, July 1, 2012	$	36,700	$	(19,117	)	$	17,583

(In thousands)	Acquisition Date Fair Value		Accumulated Amortization			Carrying Value
Project backlog	$	16,459	$	(8,657	)	$	7,802
Customer contracts and related relationships		15,460		(2,260	)		13,200
Non-compete agreements		3,671		(2,427	)		1,244
Trademark / trade name		1,110		(449	)		661
Total, December 31, 2011	$	36,700	$	(13,793	)	$	22,907

Estimated future amortization expense for other intangible assets

Estimated future amortization expense for other intangible assets as of July 1, 2012 is as follows:

(In thousands)
For the six months ending December 31, 2012	$	4,818
Fiscal year 2013		6,135
Fiscal year 2014		3,936
Fiscal year 2015		1,244
Fiscal year 2016 and beyond		1,450
Total	$	17,583