XML 66 R13.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 4 - Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block]

(4)     Goodwill and Intangible Assets


Goodwill and intangible assets consisted of the following at December 31, 2013:


   

Useful Life

      Gross     

Accumulated Amortization

      Net   
      (In years)             (In thousands)          

Goodwill

              $ 57,593             $ 57,593  

Non-amortizing intangible assets:

                                   

Indefinite trade name

                1,191               1,191  
                                     

Amortizing intangible assets:

                                   

Customer related

    5 - 15       10,499       7,334       3,165  

Non-compete agreements

      3         430       430       -  

Trade names

    5 - 10       1,902       1,418       484  

Total amortizing intangible assets

                12,831       9,182       3,649  

Total intangible assets other than goodwill

              $ 14,022     $ 9,182     $ 4,840  

Goodwill and intangible assets consisted of the following at December 31, 2012:


   

Useful Life

   


Gross

   

Accumulated Amortization

   


Net

 
   

(In years)

           

(In thousands)

         

Goodwill

              $ 57,799             $ 57,799  

Non-amortizing intangible assets:

                                   

Indefinite trade name

                1,191               1,191  
                                     

Amortizing intangible assets:

                                   

Customer related

    5 - 15       10,521       6,709       3,812  

Non-compete agreements

      3         430       346       84  

Trade names

    5 - 10       1,902       1,195       707  

Total amortizing intangible assets

                12,853       8,250       4,603  

Total intangible assets other than goodwill

              $ 14,044     $ 8,250     $ 5,794  

The following represents a summary of changes in the Company’s carrying amount of goodwill for the years ended December 31, 2013, and 2012 (in thousands):


Balance as of December 31, 2011

  $ 57,730  

Foreign currency translation

    69  

Balance as of December 31, 2012

  $ 57,799  

Foreign currency translation

    (206 )

Balance as of December 31, 2013

  $ 57,593  


Aggregate amortization expense for customer related intangibles, trade names and non-competes for the years ended December 31, 2013, 2012 and 2011 was $954,000, $1.3 million, and $1.6 million, respectively. Estimated amortization expense for the next five years is: 2014—$842,000; 2015—$789,000; 2016—$597,000; 2017—$531,000: 2018—$522,000: thereafter $369,000.