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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2020
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, 2019$14,418  $5,147  $—  $19,565  
Foreign currency translation impact(578) —  —  (578) 
Balance as of March 31, 2020$13,840  $5,147  $—  $18,987  
Schedule of Intangible Assets
The components of the Company’s intangible assets were as follows:
March 31, 2020
Weighted Average
Amortization
Period In Years
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Amount
Non-compete agreements5$45  $(39) $ 
Patents10345  (176) 169  
Customer relationships1836,863  (14,222) 22,641  
Trademarks and trade names167,736  (3,667) 4,069  
Technology1435,567  (20,836) 14,731  
$80,556  $(38,940) $41,616  
December 31, 2019
Weighted Average
Amortization
Period In Years
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Amount
Non-compete agreements4$1,272  $(1,259) $13  
Patents10377  (188) 189  
Customer relationships1837,498  (13,945) 23,553  
Trademarks and trade names167,787  (3,551) 4,236  
Technology1335,728  (20,205) 15,523  
$82,662  $(39,148) $43,514  
Estimated Future Amortization
As of March 31, 2020, estimated amortization expense for the remainder of 2020 and thereafter was as follows:
Amortization Expense
Remainder of 2020$4,362  
20215,786  
20225,703  
20235,231  
20244,204  
2025 and thereafter16,330  
$41,616