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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table presents the changes in goodwill balance by reportable segment for the period presented:
Rail, Technologies,
and Services
Precast Concrete ProductsSteel Products and MeasurementTotal
Balance as of December 31, 2021$14,577 $2,564 $3,011 $20,152 
Skratch acquisition5,343 — — 5,343 
Foreign currency translation impact(924)— — (924)
Balance as of June 30, 2022$18,996 $2,564 $3,011 $24,571 
Schedule of Intangible Assets and Goodwill The following table summarizes the estimates of the fair value of the goodwill and identified intangible assets acquired as of June 30, 2022:
Skratch
Goodwill$5,343 
Non-compete agreements27 
Customer relationships1,335 
Trademarks and trade names370 

The components of the Company’s intangible assets were as follows for the periods presented:
June 30, 2022
Weighted Average
Amortization
Period In Years
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Amount
Non-compete agreements1$27 $— $27 
Patents10385 (230)155 
Customer relationships1836,528 (18,689)17,839 
Trademarks and trade names168,094 (4,930)3,164 
Technology1335,516 (27,161)8,355 
$80,550 $(51,010)$29,540 
December 31, 2021
Weighted Average
Amortization
Period In Years
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Amount
Patents10$385 $(218)$167 
Customer relationships1836,163 (18,222)17,941 
Trademarks and trade names167,801 (4,702)3,099 
Technology1335,772 (25,956)9,816 
$80,121 $(49,098)$31,023 
Estimated Future Amortization
As of June 30, 2022, estimated amortization expense for the remainder of 2022 and thereafter was as follows:
Amortization Expense
Remainder of 2022$3,050 
20235,652 
20244,634 
20252,741 
20262,092 
2027 and thereafter11,371 
$29,540