XML 39 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
INTANGIBLE ASSETS
6 Months Ended
Jun. 30, 2014
INTANGIBLE ASSETS  
INTANGIBLE ASSETS

6.INTANGIBLE ASSETS

 

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

 

 

 

 

June 30, 2014

 

December 31, 2013

 

 

 

Life

 

Gross
Amount

 

Accumulated
amortization

 

Net Book
Value

 

Gross
Amount

 

Accumulated
amortization

 

Net Book
Value

 

Customer lists

 

8 - 15 years

 

$

34,144

 

$

(4,872

)

$

29,272

 

$

34,166

 

$

(3,821

)

$

30,345

 

Trade name

 

10 years

 

4,775

 

(1,218

)

3,557

 

4,775

 

(1,012

)

3,763

 

Design and technologies

 

8 - 10 years

 

2,708

 

(1,702

)

1,006

 

2,730

 

(1,637

)

1,093

 

Patents

 

 

 

24

 

(3

)

21

 

24

 

(3

)

21

 

Total

 

 

 

$

41,651

 

$

(7,795

)

$

33,856

 

$

41,695

 

$

(6,473

)

$

35,222

 

 

Amortization expense for intangible assets was $670 and $85 for the quarters ending June 30, 2014 and 2013, respectively; and $1,348 and $169 for the six months ended June 30, 2014 and 2013, respectively.