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Intangible and Other Assets
12 Months Ended
Dec. 31, 2015
Intangible and Other Assets

2.    Intangible and Other Assets

Following is a summary of intangible assets as of December 31:

 

            2015      2014  
     Weighted
Average
Life
     Gross
Amount
     Accumulated
Amortization
     Gross
Amount
     Accumulated
Amortization
 

Intangibles:

  

Patents and licenses, software and hardware designs

     6 years       $ 4,754       $ 2,839       $ 4,222       $ 2,171   

Developed technology

     10 years         2,782         1,739         2,782         1,461   

Customer relationships and non-compete

     9 years         2,838         2,042         2,838         1,753   

Trademark

     Indefinite         —           —           833         —     
     

 

 

    

 

 

    

 

 

    

 

 

 
      $ 10,374       $ 6,620       $ 10,675       $ 5,385   
     

 

 

    

 

 

    

 

 

    

 

 

 

Amortization expense for 2015, 2014 and 2013 was $1,235, $1,313 and $1,173, respectively. Estimated amortization expense for each of the ensuing years through December 31, 2020 is $915, $638, $565, $279 and $17, respectively. During 2015, the Company recognized an impairment of $833, the full value, relating to the Trademark.

Following is a summary of other assets as of December 31:

 

     2015      2014  

Other assets:

     

Bauxite raw materials:

     

Inventories

   $ 4,145       $ 9,404   

Other assets

     1,962         1,041   
  

 

 

    

 

 

 
   $ 6,107       $ 10,445   
  

 

 

    

 

 

 

Bauxite raw materials are used in the production of heavyweight ceramic products. As of December 31, 2015 and 2014, the Company has classified as long-term assets those bauxite raw materials inventories that are not expected to be consumed in production during the upcoming twelve month period. For additional information, refer to Note 4 – Impairment of Long-Lived Assets.