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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 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 

 

 -

 

69,908 

 

78,680 

Foreign currency translation impact

 

(90)

 

 -

 

 -

 

(90)

Impairment charges

 

 -

 

 -

 

(80,337)

 

(80,337)

Balance at September 30, 2015

$

47,638 

$

5,147 

$

28,417 

$

81,202 

 

Schedule of Intangible Assets [Table Text Block]

 

 

 

 

 

 

 

September 30,

 

December 31,

 

 

2015

 

2014

Rail Products and Services

$

58,736 

$

44,781 

Construction Products

 

3,178 

 

3,178 

Tubular and Energy Services

 

98,166 

 

47,812 

 

$

160,080 

$

95,771 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2015

 

Weighted Average

 

Gross

 

 

 

Net

 

Amortization Period

 

Carrying

 

Accumulated

 

Carrying

 

In Years

 

Value

 

Amortization

 

Amount

 

 

Non-compete agreements

 4

$

6,979 

$

(2,015)

$

4,964 

Patents

10

 

531 

 

(236)

 

295 

Customer relationships

16

 

95,633 

 

(8,759)

 

86,874 

Supplier relationships

 5

 

350 

 

(318)

 

32 

Trademarks and trade names

13

 

14,274 

 

(2,719)

 

11,555 

Technology

13

 

42,313 

 

(8,511)

 

33,802 

 

 

$

160,080 

$

(22,558)

$

137,522 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

$

3,263 

2016

 

13,040 

2017

 

12,139 

2018

 

11,807 

2019

 

11,076 

2020 and thereafter

 

86,197 

 

$

137,522