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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 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

 

8,772 

 

 -

 

70,676 

 

79,448 

Foreign currency translation impact

 

243 

 

 -

 

 -

 

243 

Balance at June 30, 2015

$

47,971 

$

5,147 

$

109,522 

$

162,640 

 

Schedule of Intangible Assets [Table Text Block]

 

 

 

 

 

 

 

June 30,

 

December 31,

 

 

2015

 

2014

Rail Products and Services

$

59,273 

$

44,781 

Construction Products

 

3,178 

 

3,178 

Tubular and Energy Services

 

98,166 

 

47,812 

 

$

160,617 

$

95,771 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2015

 

Weighted Average

 

Gross

 

 

 

Net

 

Amortization Period

 

Carrying

 

Accumulated

 

Carrying

 

In Years

 

Value

 

Amortization

 

Amount

 

 

Non-compete agreements

 4

$

7,004 

$

(1,503)

$

5,501 

Patents

10

 

531 

 

(169)

 

362 

Customer relationships

16

 

96,017 

 

(7,247)

 

88,770 

Supplier relationships

 5

 

350 

 

(301)

 

49 

Trademarks and trade names

13

 

14,308 

 

(2,413)

 

11,895 

Technology

13

 

42,407 

 

(7,607)

 

34,800 

 

 

$

160,617 

$

(19,240)

$

141,377 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

$

6,551 

2016

 

13,073 

2017

 

12,171 

2018

 

11,840 

2019

 

11,118 

2020 and thereafter

 

86,624 

 

$

141,377