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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 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

 

9,594 

 

 -

 

69,908 

 

79,502 

Foreign currency translation impact

 

(362)

 

 -

 

 -

 

(362)

Impairment charges

 

 -

 

 -

 

(80,337)

 

(80,337)

Balance at December 31, 2015

$

48,188 

$

5,147 

$

28,417 

$

81,752 

 

Schedule of Intangible Assets [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

Rail Products and Services

$

59,226 

$

44,781 

Construction Products

 

1,348 

 

3,178 

Tubular and Energy Services

 

98,166 

 

47,812 

 

$

158,740 

$

95,771 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

Weighted Average

 

Gross

 

 

 

Net

 

Amortization Period

 

Carrying

 

Accumulated

 

Carrying

 

In Years

 

Value

 

Amortization

 

Amount

 

 

Non-compete agreements

 4

$

6,984 

$

(2,495)

$

4,489 

Patents

10

 

378 

 

(124)

 

254 

Customer relationships

16

 

94,338 

 

(8,441)

 

85,897 

Supplier relationships

 5

 

350 

 

(335)

 

15 

Trademarks and trade names

13

 

14,252 

 

(3,025)

 

11,227 

Technology

13

 

42,438 

 

(9,393)

 

33,045 

 

 

$

158,740 

$

(23,813)

$

134,927 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

2016

$

13,093 

2017

 

12,200 

2018

 

11,868 

2019

 

11,137 

2020

 

10,706 

2021 and thereafter

 

75,923 

 

$

134,927