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Intangible and Other Assets
12 Months Ended
Dec. 31, 2016
Intangible And Other Assets [Abstract]  
Intangible and Other Assets

2.

Intangible and Other Assets

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

 

 

 

 

 

2016

 

 

2015

 

 

 

Weighted

Average

Life

 

Gross

Amount

 

 

Accumulated

Amortization

 

 

Gross

Amount

 

 

Accumulated

Amortization

 

Intangibles:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patents and licenses, software and hardware designs

 

6 years

 

$

5,033

 

 

$

3,187

 

 

$

4,754

 

 

$

2,839

 

Developed technology

 

10 years

 

 

2,782

 

 

 

2,017

 

 

 

2,782

 

 

 

1,739

 

Customer relationships and non-compete

 

9 years

 

 

2,838

 

 

 

2,331

 

 

 

2,838

 

 

 

2,042

 

 

 

 

 

$

10,653

 

 

$

7,535

 

 

$

10,374

 

 

$

6,620

 

 

Amortization expense for 2016, 2015 and 2014 was $915, $1,235 and $1,313, respectively.  Estimated amortization expense for each of the ensuing years through December 31, 2021 is $638, $565, $279, $17 and $0, respectively.

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

 

 

 

2016

 

 

2015

 

Other assets:

 

 

 

 

 

 

 

 

Bauxite raw materials:

 

 

 

 

 

 

 

 

Inventories

 

$

3,989

 

 

$

4,145

 

Other assets

 

 

1,524

 

 

 

1,962

 

 

 

$

5,513

 

 

$

6,107

 

 

Bauxite raw materials are used in the production of heavyweight ceramic products.  As of December 31, 2016 and 2015, 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.