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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2015
Goodwill and Other Intangible Assets [Abstract]  
Schedule of Goodwill [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rail Products and Services

 

Construction Products

 

Tubular and Energy Services

 

Total

Balance at December 31, 2014

$

38,956 

$

5,147 

$

38,846 

$

82,949 

Acquisitions

 

9,079 

 

 -

 

123,412 

 

132,491 

Foreign currency translation impact

 

(310)

 

 -

 

 -

 

(310)

Balance at March 31, 2015

$

47,725 

$

5,147 

$

162,258 

$

215,130 

 

Schedule of Intangible Assets [Table Text Block]

 

 

 

 

 

 

 

2015

 

2014

Rail Products and Services

$

58,417 

$

44,781 

Construction Products

 

3,178 

 

3,178 

Tubular and Energy Services

 

47,812 

 

47,812 

 

$

109,407 

$

95,771 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2015

 

Weighted Average

 

Gross

 

 

 

Net

 

Amortization Period

 

Carrying

 

Accumulated

 

Carrying

 

In Years

 

Value

 

Amortization

 

Amount

 

 

Non-compete agreements

 5

$

4,786 

$

(941)

$

3,845 

Patents

10

 

523 

 

(163)

 

360 

Customer relationships

17

 

54,247 

 

(5,579)

 

48,668 

Supplier relationships

 5

 

350 

 

(285)

 

65 

Trademarks and trade names

14

 

11,616 

 

(2,093)

 

9,523 

Technology

14

 

37,885 

 

(6,700)

 

31,185 

 

 

$

109,407 

$

(15,761)

$

93,646 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

Weighted Average

 

Gross

 

 

 

Net

 

Amortization Period

 

Carrying

 

Accumulated

 

Carrying

 

In Years

 

Value

 

Amortization

 

Amount

 

 

Non-compete agreements

 5

$

4,143 

$

(705)

$

3,438 

Patents

10

 

564 

 

(189)

 

375 

Customer relationships

19

 

44,450 

 

(4,679)

 

39,771 

Supplier relationships

 5

 

350 

 

(268)

 

82 

Trademarks and trade names

14

 

10,765 

 

(1,855)

 

8,910 

Technology

14

 

35,499 

 

(5,941)

 

29,558 

 

 

$

95,771 

$

(13,637)

$

82,134 

 

Schedule of Expected Amortization Expense [Table Text Block]

 

 

 

 

 

 

 

 

Amortization Expense

2015

$

6,325 

2016

 

8,441 

2017

 

8,410 

2018

 

8,305 

2019

 

7,584 

2020 and thereafter

 

54,581 

 

$

93,646