Ameresco, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying value of goodwill attributable to each reportable segment are as follows:



	U.S. Regions		U.S. Federal		Canada			Small-Scale Infrastructure		Other		Total
Balance, December 31, 2013	$	24,759	$	3,375	$	4,124		$	—	$	20,816	$	53,074
Fair value adjustment(1)	—		—		—			—		641		641
Currency effects	—		—		(156		)	—		100		(56		)
Balance, March 31, 2014	$	24,759	$	3,375	$	3,968		$	—	$	21,557	$	53,659
Accumulated Goodwill Impairment Balance, December 31, 2013	$	—	$	—	$	(1,016	)	$	—	$	—	$	(1,016	)
Accumulated Goodwill Impairment Balance, March 31, 2014	$	—	$	—	$	(1,016	)	$	—	$	—	$	(1,016	)

(1) Fair value adjustment represents a purchase accounting adjustment to decrease the recorded fair value of certain acquired intangible assets totaling $801, net of a $160 deferred tax liability adjustment, related to the Company’s prior year acquisition of The Energy Services Partnership Limited and ESP Response Limited (together “ESP”).

Schedule of Intangible Assets, Net

The gross carrying amount and accumulated amortization of intangible assets are as follows:



	As of March 31,		As of December 31,
	2014		2013
Gross Carrying Amount
Customer contracts	$	7,302	$	7,684
Customer relationships	7,650		8,200
Non-compete agreements	3,252		3,230
Technology	2,363		2,386
Trade names	554		556
	21,121		22,056
Accumulated Amortization
Customer contracts	5,616		5,349
Customer relationships	3,224		2,923
Non-compete agreements	2,028		1,872
Technology	1,391		1,299
Trade names	379		360
	12,638		11,803
Intangible assets, net	$	8,483	$	10,253