Goodwill and Other Intangible Assets (Tables)
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6 Months Ended |
Jun. 30, 2011
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Goodwill and Other Intangible Assets (Tables) [Abstract] |
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Summary of changes in Quanta's goodwill |
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Natural Gas and
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Electric Power
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Pipeline
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Telecommunications
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Division
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Division
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Division
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Total
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Balance at December 31, 2010:
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Goodwill
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$
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741,276
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$
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337,911
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$
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545,232
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$
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1,624,419
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Accumulated impairment
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—
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—
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(63,264
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)
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(63,264
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Goodwill, net
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741,276
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337,911
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481,968
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1,561,155
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Foreign currency translation related to goodwill
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2,766
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—
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—
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2,766
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Operating unit reorganization
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—
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(16,942
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)
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16,942
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—
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Purchase price adjustments related to prior periods
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—
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(50
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—
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(50
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Balance at June 30, 2011:
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Goodwill
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744,042
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320,919
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562,174
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1,627,135
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Accumulated impairment
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—
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—
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(63,264
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)
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(63,264
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Goodwill, net
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$
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744,042
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$
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320,919
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$
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498,910
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$
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1,563,871
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Other intangible assets |
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As of
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Six Months Ended
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As of
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December 31, 2010
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June 30, 2011
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June 30, 2011
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Foreign
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Intangible
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Accumulated
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Amortization
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Currency
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Intangible
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Assets
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Amortization
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Expense
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Additions
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Adjustments
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Assets, Net
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Customer relationships
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$
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153,100
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$
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(27,880
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$
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(5,045
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$
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—
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$
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595
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$
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120,770
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Backlog
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108,421
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(88,429
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(4,907
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—
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306
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15,391
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Trade names
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27,249
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(1,005
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(455
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—
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84
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25,873
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Non-compete agreements
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23,954
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(13,164
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(2,097
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—
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62
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8,755
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Patented rights and developed technology
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16,078
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(4,257
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(633
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—
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—
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11,188
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Total intangible assets subject to amortization
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328,802
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(134,735
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(13,137
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—
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1,047
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181,977
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Other intangible assets not subject to amortization
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—
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—
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—
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4,500
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—
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4,500
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Total intangible assets
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$
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328,802
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$
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(134,735
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$
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(13,137
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$
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4,500
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$
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1,047
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$
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186,477
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Estimated future aggregate amortization expense of intangible assets |
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For the Fiscal Year Ending December 31 —
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2011 (Remainder)
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$
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13,038
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2012
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24,278
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2013
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14,209
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2014
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13,609
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2015
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12,829
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Thereafter
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104,014
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Total intangible assets subject to amortization
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$
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181,977
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