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INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2014
INTANGIBLE ASSETS  
Schedule of intangible assets

        Intangible assets on the Company's consolidated balance sheets consist of the following (in thousands):

                                                                                                                                                                                    

 

 

 

 

December 31, 2014

 

December 31, 2013

 

 

 

Life

 

Gross
Amount

 

Accumulated
amortization

 

Net Book
Value

 

Gross
Amount

 

Accumulated
amortization

 

Net Book
Value

 

Customer lists

 

8 - 15 years

 

$

34,379

 

$

(5,801

)

$

28,578

 

$

34,166

 

$

(3,821

)

$

30,345

 

Trade name

 

10 years

 

 

4,775

 

 

(1,409

)

 

3,366

 

 

4,775

 

 

(1,012

)

 

3,763

 

Design and technologies

 

8 - 10 years

 

 

2,425

 

 

(1,598

)

 

827

 

 

2,730

 

 

(1,637

)

 

1,093

 

Patents

 

 

 

 

24

 

 

(4

)

 

20

 

 

24

 

 

(3

)

 

21

 

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Total

 

 

 

$

41,603

 

$

(8,812

)

$

32,791

 

$

41,695

 

$

(6,473

)

$

35,222

 

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Schedule of estimated amortization expense for intangible assets

 

                                                                                                                                                                                    

Year ending December 31,

 

Total

 

2015

 

$

2,669 

 

2016

 

 

2,669 

 

2017

 

 

2,669 

 

2018

 

 

2,669 

 

2019

 

 

2,669 

 

Thereafter

 

 

19,446 

 

​  

​  

 

 

$

32,791 

 

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