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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
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)



 

48,188 

 

5,147 

 

108,754 

 

162,089 

Accumulated impairment losses

 

 -

 

 -

 

(80,337)

 

(80,337)

Balance at December 31, 2015:

 

48,188 

 

5,147 

 

28,417 

 

81,752 

Foreign currency translation impact

 

(1,524)

 

 -

 

 -

 

(1,524)

Disposition

 

(154)

 

 -

 

 -

 

(154)

Impairment charges

 

(32,725)

 

 -

 

(28,417)

 

(61,142)



 

46,510 

 

5,147 

 

108,754 

 

160,411 

Accumulated impairment losses

 

(32,725)

 

 -

 

(108,754)

 

(141,479)

Balance at December 31, 2016:

$

13,785 

$

5,147 

$

 -

$

18,932 



Schedule of Intangible Assets [Table Text Block]



 

 

 

 



 

 

 

 



 

2016

 

2015

Rail Products and Services

$

56,476 

$

59,226 

Construction Products

 

1,348 

 

1,348 

Tubular and Energy Services

 

29,179 

 

98,166 



$

87,003 

$

158,740 



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



 

 

 

 

 

 

 



 

 

 

 

 

 

 



December 31, 2016

 

Weighted Average

 

Gross

 

 

 

Net

 

Amortization Period

 

Carrying

 

Accumulated

 

Carrying

 

In Years

 

Value

 

Amortization

 

Amount

 

 

Non-compete agreements

 5

$

4,219 

$

(2,217)

$

2,002 

Patents

10

 

373 

 

(143)

 

230 

Customer relationships

18

 

36,843 

 

(6,582)

 

30,261 

Trademarks and trade names

14

 

10,018 

 

(3,238)

 

6,780 

Technology

14

 

35,550 

 

(11,304)

 

24,246 

 

 

$

87,003 

$

(23,484)

$

63,519 







 

 

 

 

 

 

 



 

 

 

 

 

 

 



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

2017

$

7,042 

2018

 

6,937 

2019

 

6,203 

2020

 

5,845 

2021

 

5,771 

2022 and thereafter

 

31,721 

 

$

63,519