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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill and Other Intangible Assets [Abstract]  
Schedule of Goodwill [Table Text Block]

 

 

 

 

 

 

 

December 31,

 

 

2013

 

2012

 

 

 

 

 

Rail Products

$

38,026 

$

38,026 

Construction Products

 

3,211 

 

3,211 

Tubular Products

 

16,544 

 

 -

 

$

57,781 

$

41,237 

 

Schedule of Finite-Lived Intangible Assets [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2013

 

Weighted Average

 

Gross

 

 

 

Net

 

Amortization Period

 

Carrying

 

Accumulated

 

Carrying

 

In Years

 

Value

 

Amortization

 

Amount

 

 

Non-compete agreements

 5

$

2,860 

$

(117)

$

2,743 

Patents

10

 

639 

 

(201)

 

438 

Customer relationships

23

 

19,960 

 

(3,575)

 

16,385 

Supplier relationships

 5

 

350 

 

(213)

 

137 

Trademarks and trade names

16

 

7,003 

 

(1,334)

 

5,669 

Technology

15

 

30,155 

 

(3,681)

 

26,474 

 

 

$

60,967 

$

(9,121)

$

51,846 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

 

Weighted Average

 

Gross

 

 

 

Net

 

Amortization Period

 

Carrying

 

Accumulated

 

Carrying

 

In Years

 

Value

 

Amortization

 

Amount

 

 

Non-compete agreements

 5

$

380 

$

(367)

$

13 

Patents

10

 

815 

 

(412)

 

403 

Customer relationships

23

 

19,960 

 

(2,488)

 

17,472 

Supplier relationships

 5

 

350 

 

(143)

 

207 

Trademarks

17

 

6,280 

 

(879)

 

5,401 

Technology

18

 

19,026 

 

(2,357)

 

16,669 

 

 

$

46,811 

$

(6,646)

$

40,165 

 

Schedule of Expected Amortization Expense [Table Text Block]

 

 

 

 

 

 

 

 

Amortization Expense

2014

$

4,543 

2015

 

4,265 

2016

 

4,107 

2017

 

4,107 

2018

 

4,003 

2019 and thereafter

 

30,821 

 

$

51,846