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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The following table summarizes the net carrying amount of goodwill by segment at December 31, 2016 and 2015, respectively:
 
 
 
 
 
Engineering
 
 
 
 
 
Aerostructures
 
Services
 
Total
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
Balance at December 31,
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gross Goodwill
$
141,953

 
$
141,953

 
$
50,741

 
$
50,741

 
$
192,694

 
$
192,694

Accumulated impairment loss
(79,471
)
 
(79,471
)
 
(50,741
)
 
(26,439
)
 
(130,212
)
 
(105,910
)
Net Goodwill
$
62,482

 
$
62,482

 
$

 
$
24,302

 
$
62,482

 
$
86,784

Finite and infinite lived intangible assets
Intangible assets primarily consist of trademarks and customer intangibles resulting from the acquisitions of Versaform Corporation, D3, Intec, TASS, and Valent.  The trademarks resulted from the acquisitions of Intec, TASS, and Valent are fully amortized at December 31, 2016. Customer intangibles have a remaining weighted average useful life of 15.9 years and other intangible assets have a remaining weighted average useful life of 2.1 years.  The carrying values were as follows:
 
December 31,
 
2016
 
2015
Trademarks
$
778

 
$
778

Customer intangible assets
68,991

 
68,991

Other
1,274

 
1,274

Accumulated amortization
(32,191
)
 
(24,461
)
Intangible assets, net
$
38,852

 
$
46,582

Estimated annual amortization expense

The estimated annual amortization expense for intangible assets is as follows:
 
Year ending December 31,
 
2017
$
3,087

2018
2,854

2019
2,627

2020
2,531

2021
2,482

Thereafter
25,271

 
$
38,852