Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets (Tables)

v2.4.0.6
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2011
Goodwill and Other Intangible Assets [Abstract]  
Summary of changes in Quanta's goodwill
                                 
    Electric  Power
Division
    Natural Gas  and
Pipeline
Division
    Telecommunications
Division
    Total  

Balance at December 31, 2009:

                               

Goodwill

  $ 651,815     $ 337,938     $ 523,069     $ 1,512,822  

Accumulated impairment

                (63,264     (63,264
   

 

 

   

 

 

   

 

 

   

 

 

 

Goodwill, net

    651,815       337,938       459,805       1,449,558  

Goodwill acquired during 2010

    109,365                   109,365  

Foreign currency translation related to goodwill

    2,274                   2,274  

Operating unit reorganization

    (22,163           22,163        

Purchase price adjustments related to prior periods

    (15     (27           (42
   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2010:

                               

Goodwill

    741,276       337,911       545,232       1,624,419  

Accumulated impairment

                (63,264     (63,264
   

 

 

   

 

 

   

 

 

   

 

 

 

Goodwill, net

    741,276       337,911       481,968       1,561,155  

Goodwill acquired during 2011

    34,900       8,858             43,758  

Foreign currency translation related to goodwill

    (3,564     (78           (3,642

Operating unit reorganizations

    216,090       (233,032     16,942        

Purchase price adjustments related to prior periods

          (61           (61
   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2011:

                               

Goodwill

    988,702       113,598       562,174       1,664,474  

Accumulated impairment

                (63,264     (63,264
   

 

 

   

 

 

   

 

 

   

 

 

 

Goodwill, net

  $ 988,702     $ 113,598     $ 498,910     $ 1,601,210  
   

 

 

   

 

 

   

 

 

   

 

 

 
Other intangible assets
                                                         
    As of
December 31, 2010
    Twelve Months Ended
December 31, 2011
    As of
December 31, 2011
 
    Intangible
Assets
    Accumulated
Amortization
    Amortization
Expense
    Additions     Foreign
Currency
Translation
    Intangible
Assets, Net
    Remaining
Weighted
Average
Amortization
Period in
Years
 

Customer relationships

  $ 153,100     $ (27,880   $ (10,565   $ 20,144     $ (1,064   $ 133,735       12.0  

Backlog

    108,421       (88,429     (12,723     13,918       (561     20,626       2.3  

Trade names

    27,249       (1,005     (943     2,594       (182     27,713       28.0  

Non-compete agreements

    23,954       (13,164     (4,441     3,728       (267     9,810       3.2  

Patented rights and developed technology

    16,078       (4,257     (1,266                 10,555       8.8  

Software

                (15     300             285       4.8  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

         

Total intangible assets subject to amortization

    328,802       (134,735     (29,953     40,684       (2,074     202,724       12.6  

Other intangible assets not subject to amortization

                      4,500             4,500       N/A  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

         

Total intangible assets

  $ 328,802     $ (134,735   $ (29,953   $ 45,184     $ (2,074   $ 207,224       N/A  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

         
Estimated future aggregate amortization expense of intangible assets
         
For the Fiscal Year Ending December 31,      

2012

  $ 32,264  

2013

    18,936  

2014

    16,980  

2015

    14,849  

2016

    13,370  

Thereafter

    106,325  
   

 

 

 

Total

  $ 202,724