Intangible Assets

12 Months Ended

Dec. 31, 2014

Goodwill And Intangible Assets Disclosure [Abstract]

Intangible Assets

7. Intangible Assets

The following table presents intangible assets as of December 31:

	2014					2013
	GrossCarrying Amount		AccumulatedAmortization			GrossCarrying Amount		AccumulatedAmortization
	(In thousands)
Customer relationships	$	18,423	$	(2,695	)	$	3,334	$	(2,507	)
Non-compete agreements		392		(31	)		—		—
Trade names		1,234		(95	)		—		—
Total intangible assets	$	20,049	$	(2,821	)	$	3,334	$	(2,507	)

In connection with the acquisitions of Slone, West Orange, Truss Rite, Trim Tech, and Empire we recorded intangible assets of $17.5 million, which includes $1.2 million of trade names, $0.4 million of non-compete agreements and $15.9 million of customer relationships. The amounts allocated to intangible assets as a result of these acquisitions is preliminary. The weighted average useful lives of the acquired assets are 5.0 years for trade names and non-compete agreements, and 10.3 years for customer relationships.

During the years ended December 31, 2014, 2013, and 2012, we recorded amortization expense in relation to the above-listed intangible assets of $1.1 million, $0.4 million, and $0.4 million, respectively. The following table presents the estimated amortization expense for these intangible assets for the years ending December 31 (in thousands):

2015	$	2,281
2016		2,162
2017		1,995
2018		1,995
2019		1,783