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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2019
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 as of December 31, 2018$14,111 $5,147 $— $19,258 
Foreign currency translation impact(39)— — (39)
Balance as of June 30, 2019$14,072 $5,147 $— $19,219 
Schedule of Intangible Assets
The components of the Company’s intangible assets were as follows:
June 30, 2019
Weighted Average
Amortization
Period In Years
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Amount
Non-compete agreements4$1,245 $(1,082)$163 
Patents10374 (179)195 
Customer relationships1837,093 (12,561)24,532 
Trademarks and trade names158,478 (3,883)4,595 
Technology1435,631 (18,679)16,952 
$82,821 $(36,384)$46,437 
December 31, 2018
Weighted Average
Amortization
Period In Years
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Amount
Non-compete agreements4$1,372 $(1,046)$326 
Patents10358 (165)193 
Customer relationships1837,129 (11,388)25,741 
Trademarks and trade names158,481 (3,416)5,065 
Technology1435,640 (17,129)18,511 
$82,980 $(33,144)$49,836 
Estimated Future Amortization
As of June 30, 2019, estimated amortization expense for the remainder of 2019 and thereafter was as follows:
Amortization Expense
Remainder of 2019$3,215 
20205,856 
20215,821 
20225,738 
20235,242 
2024 and thereafter20,565 
$46,437