Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets

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Goodwill and Intangible Assets
3 Months Ended
Mar. 31, 2012
Goodwill [Abstract]  
Goodwill
(8) Goodwill and Intangible Assets

There were no changes in goodwill for the three months ended March 31, 2012. Goodwill by operating segment as of December 31, 2011 and March 31, 2012 is as follows (in thousands):

   
Supply Chain Management
   
IT, Energy and Management Consulting
   
Infrastructure
   
Total
 
 Balance as of December 31, 2011
  $ 61,169     $ 30,883     $ 6,827     $ 98,879  
                                 
 Balance as of March 31, 2012
  $ 61,169     $ 30,883     $ 6,827     $ 98,879  

Intangible assets consist of the value of contract-related intangible assets and trade names acquired in the acquisitions of Integrated Concepts and Research Corporation ("ICRC"), G&B Solutions, Inc. ("G&B"), Akimeka, LLC and WBI. Intangible assets with indefinite lives, not subject to amortization, consist of ICRC and G&B trade names of approximately $2.4 million as of March 31, 2012 and December 31, 2011.  The trade names acquired in the Akimeka and WBI acquisitions are being amortized over nine years. Amortization expense for the three months ended March 31, 2012 and 2011 was approximately $2.8 million and $863 thousand, respectively.
 
Intangible assets were comprised of the following (in thousands):

 
March 31, 2012
 
Cost
   
Accumulated
Amortization
   
Net Intangible
Assets
 
Contract-related
  $ 96,884     $ (15,252 )   $ 81,632  
Acquired technologies
    12,400       (924 )     11,476  
Trade name - amortizable
    9,170       (974 )     8,196  
Trade names - indefinite lived
    2,430       -       2,430  
  Total
  $ 120,884     $ (17,150 )   $ 103,734  

 
December 31, 2011
 
Cost
   
Accumulated
Amortization
   
Net Intangible
Assets
 
Contract-related
  $ 96,884     $ (12,987 )   $ 83,897  
Acquired technologies
    12,400       (642 )     11,758  
Trade name - amortizable
    9,170       (719 )     8,451  
Trade names - indefinite lived
    2,430       -       2,430  
  Total
  $ 120,884     $ (14,348 )   $ 106,536