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Goodwill and Definite-Lived Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2016
Goodwill and Definite-Lived Intangible Assets [Abstract]  
Schedule of Goodwill [Table Text Block]



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



 

Rail Products and Services

 

Construction Products

 

Tubular and Energy Services

 

Total

Balance at December 31, 2015

$

48,188 

$

5,147 

$

28,417 

$

81,752 

Foreign currency translation impact

 

(867)

 

 -

 

 -

 

(867)

Disposition

 

(154)

 

 -

 

 -

 

(154)

Impairment charges

 

(28,342)

 

 -

 

(28,417)

 

(56,759)

Balance at June 30, 2016

$

18,825 

$

5,147 

$

 -

$

23,972 



Schedule of Intangible Assets [Table Text Block]



 

 

 

 



 

 

 

 



 

June 30,

 

December 31,



 

2016

 

2015

Rail Products and Services

$

57,470 

$

59,226 

Construction Products

 

1,348 

 

1,348 

Tubular and Energy Services

 

31,742 

 

98,166 



$

90,560 

$

158,740 



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



 

 

 

 

 

 

 



 

 

 

 

 

 

 



June 30, 2016

 

Weighted Average

 

Gross

 

 

 

Net

 

Amortization Period

 

Carrying

 

Accumulated

 

Carrying

 

In Years

 

Value

 

Amortization

 

Amount

 

 

Non-compete agreements

 5

$

4,319 

$

(1,782)

$

2,537 

Patents

10

 

387 

 

(142)

 

245 

Customer relationships

17

 

39,707 

 

(5,518)

 

34,189 

Trademarks and trade names

14

 

10,199 

 

(2,831)

 

7,368 

Technology

14

 

35,948 

 

(9,867)

 

26,081 

 

 

$

90,560 

$

(20,140)

$

70,420 







 

 

 

 

 

 

 







 

 

 

 

 

 

 



 

 

 

 

 

 

 



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 



Schedule of Expected Amortization Expense [Table Text Block]



 

 



 

 

 

 

Amortization Expense

2016

$

3,687 

2017

 

7,361 

2018

 

7,256 

2019

 

6,525 

2020

 

6,142 

2021 and thereafter

 

39,449 

 

$

70,420