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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2023
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 ServicesPrecast Concrete ProductsSteel Products and MeasurementTotal
Balance as of December 31, 2022$19,948 $10,785 $— $30,733 
VanHooseCo acquisition— 242 — 242 
Foreign currency translation impact429 — — 429 
Balance as of June 30, 2023$20,377 $11,027 $— $31,404 
Schedule of Finite-Lived Intangible Assets
As of June 30, 2023 and December 31, 2022, the components of the Company’s intangible assets were as follows:
June 30, 2023
Weighted Average
Amortization
Period In Years
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Amount
Patents10$338 $(197)$141 
Customer relationships1627,656 (15,828)11,828 
Trademarks and trade names167,983 (4,299)3,684 
Technology1432,306 (26,978)5,328 
Favorable lease6327 (52)275 
$68,610 $(47,354)$21,256 

During the six months ended June 30, 2023, certain fully amortized intangible assets of $28 related to non-compete agreements were eliminated from gross intangible assets and accumulated amortization.

December 31, 2022
Weighted Average
Amortization
Period In Years
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Amount
Non-compete agreements1$27 $(16)$11 
Patents10330 (187)143 
Customer relationships1627,184 (14,129)13,055 
Trademarks and trade names167,933 (3,989)3,944 
Technology1432,201 (25,827)6,374 
Favorable lease6327 (23)304 
$68,002 $(44,171)$23,831