Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v2.4.0.6
Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2012
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, 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  

Goodwill acquired during 2012

    57,451       7,328       —         64,779  

Foreign currency translation related to goodwill

    (864     (163     —         (1,027
   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at June 30, 2012

                               

Goodwill

    1,045,289       120,763       562,174       1,728,226  

Accumulated impairment

    —         —         (63,264     (63,264
   

 

 

   

 

 

   

 

 

   

 

 

 

Goodwill, net

  $ 1,045,289     $ 120,763     $ 498,910     $ 1,664,962  
   

 

 

   

 

 

   

 

 

   

 

 

 
Other intangible assets
                                                         
    As of
December 31, 2011
    Six Months Ended
June 30, 2012
    As of
June 30, 2012
 
    Intangible
Assets
    Accumulated
Amortization
    Amortization
Expense
    Additions     Foreign
Currency
Adjustments
    Intangible
Assets, Net
    Remaining
Weighted
Average
Amortization
Period in Years
 

Customer relationships

  $ 171,893     $ (38,158   $ (5,797   $ 5,311     $ (387   $ 132,862       11.6  

Backlog

    121,779       (101,153     (8,758     4,906       262       17,036       1.4  

Trade names

    29,661       (1,948     (521     2,768       (23     29,937       27.7  

Non-compete agreements

    27,414       (17,604     (2,901     1,926       (45     8,790       3.3  

Patented rights and developed technology

    16,378       (5,538     (966     3,020       —         12,894       7.1  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

         

Total intangible assets subject to amortization

    367,125       (164,401     (18,943     17,931       (193     201,519       12.5  

Other intangible assets not subject to amortization

    4,500       —         —         —         —         4,500       N/A  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

         

Total intangible assets

  $ 371,625     $ (164,401   $ (18,943   $ 17,931     $ (193   $ 206,019       N/A  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

         
Estimated future aggregate amortization expense of intangible assets
         

For the Fiscal Year Ending December 31—

       

Remainder of 2012

  $ 19,385  

2013

    20,602  

2014

    18,549  

2015

    16,207  

2016

    15,353  

Thereafter

    111,423  
   

 

 

 

Total

  $ 201,519