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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets

CTS has the following intangible assets as of December 31:

 

    2013     2012  

 

 
($ in thousands)   Gross
Carrying
Amount
    Accumulated
Amortization
    Gross
Carrying
Amount
    Accumulated
Amortization
 

 

 

Amortized intangible assets:

       

Customer lists/relationships

  $ 51,804      $ (21,490   $ 63,774      $ (25,084)       

Patents

    10,319        (10,319     10,319        (10,319)       

Other intangibles

    12,270        (2,492     12,090        (672)       

 

 

Total

    74,393        (34,301     86,183        (36,075)       

In-process research & development

    690               870        —       

Goodwill

    32,047               32,547        —       

 

 

Total net intangible assets

  $ 107,130      $ (34,301   $ 119,600      $ (36,075)       

 

 
Summary of Reconciliation of Goodwill

The following table reconciles the beginning and ending balances of CTS’ goodwill for the periods ended December 31, 2013 and December 31, 2012:

 

($ in thousands)    Total  

 

 

Balance at January 1, 2012

   $ 500   

Valpey-Fisher acquisition

     7,665   

D&R acquisition

     24,382   

 

 

Balance at December 31, 2012

     32,547   

2013 reduction – sale of EMS business

     (500

 

 

Balance at December 31, 2013

   $ 32,047