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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 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
 
767

 

 

 
767

Balance at September 30, 2017
 
$
14,552

 
$
5,147

 
$

 
$
19,699

Schedule of Finite-Lived Intangible Assets
The following table represents the gross other intangible assets balance by reportable segment:
 
 
September 30,
2017
 
December 31,
2016
Rail Products and Services
 
$
57,538

 
$
56,476

Construction Products
 
1,348

 
1,348

Tubular and Energy Services
 
29,179

 
29,179

 
 
$
88,065

 
$
87,003

Schedule of Intangible Assets
The components of the Company’s intangible assets are as follows:
 
 
September 30, 2017
 
 
Weighted Average
Amortization
Period In Years
 
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Carrying
Amount
Non-compete agreements
 
5
 
$
4,233

 
$
(2,872
)
 
$
1,361

Patents
 
10
 
392

 
(160
)
 
232

Customer relationships
 
17
 
37,597

 
(8,542
)
 
29,055

Trademarks and trade names
 
14
 
10,078

 
(3,879
)
 
6,199

Technology
 
14
 
35,765

 
(13,477
)
 
22,288

 
 
 
 
$
88,065

 
$
(28,930
)
 
$
59,135

 
 
 
 
 
 
 
 
 
 
 
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
$
1,782

2018
7,024

2019
6,302

2020
5,980

2021
5,960

2022 and thereafter
32,087

 
$
59,135