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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table presents the goodwill balance by reportable segment:
 
 
Rail Products and
Services
 
Construction
Products
 
Tubular and Energy
Services
 
Total
Balance at December 31, 2016
 
$
13,785

 
$
5,147

 
$

 
$
18,932

Foreign currency translation impact
 
499

 

 

 
499

Balance at June 30, 2017
 
$
14,284

 
$
5,147

 
$

 
$
19,431

Schedule of Finite-Lived Intangible Assets
The following table represents the gross other intangible assets balance by reportable segment:
 
 
June 30,
2017
 
December 31,
2016
Rail Products and Services
 
$
57,139

 
$
56,476

Construction Products
 
1,348

 
1,348

Tubular and Energy Services
 
29,179

 
29,179

 
 
$
87,666

 
$
87,003

Schedule of Intangible Assets
The components of the Company’s intangible assets are as follows:
 
 
June 30, 2017
 
 
Weighted Average
Amortization
Period In Years
 
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Carrying
Amount
Non-compete agreements
 
5
 
$
4,215

 
$
(2,639
)
 
$
1,576

Patents
 
10
 
377

 
(150
)
 
227

Customer relationships
 
18
 
37,329

 
(7,872
)
 
29,457

Trademarks and trade names
 
14
 
10,057

 
(3,664
)
 
6,393

Technology
 
14
 
35,688

 
(12,730
)
 
22,958

 
 
 
 
$
87,666

 
$
(27,055
)
 
$
60,611

 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
 
Weighted Average
Amortization
Period In Years
 
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Carrying
Amount
Non-compete agreements
 
5
 
$
4,219

 
$
(2,217
)
 
$
2,002

Patents
 
10
 
373

 
(143
)
 
230

Customer relationships
 
18
 
36,843

 
(6,582
)
 
30,261

Trademarks and trade names
 
14
 
10,018

 
(3,238
)
 
6,780

Technology
 
14
 
35,550

 
(11,304
)
 
24,246

 
 
 
 
$
87,003

 
$
(23,484
)
 
$
63,519

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated amortization expense for the remainder of 2017 and thereafter is as follows:
 
Amortization Expense
2017
$
3,543

2018
6,982

2019
6,261

2020
5,941

2021
5,921

2022 and thereafter
31,963

 
$
60,611