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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
The Company's intangible assets at June 30, 2014, and December 31, 2013, all of which are subject to amortization, consisted of the following:
 
 
June 30, 2014
 
December 31, 2013
 
Cost
 
Accumulated
Amortization
 
Net
 
Cost
 
Accumulated
Amortization
 
Net
 
(in thousands)
Energy segment:
 
 
 
 
 

 
 
 
 
 
 
Customer relationships
$
54,430

 
$
(18,051
)
 
$
36,379

 
$
54,430

 
$
(13,700
)
 
$
40,730

Trade names
4,860

 
(2,820
)
 
2,040

 
4,860

 
(2,315
)
 
2,545

Non-compete agreement
120

 
(13
)
 
107

 
120

 

 
120

 
59,410

 
(20,884
)
 
38,526

 
59,410

 
(16,015
)
 
43,395

 
 
 
 
 
 
 
 
 
 
 
 
Sports segment:
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
2,086

 
(423
)
 
1,663

 
1,163

 
(230
)
 
933

Trade names
122

 
(24
)
 
98

 
122

 
(12
)
 
110

 
2,208

 
(447
)
 
1,761

 
1,285

 
(242
)
 
1,043

 
 
 
 
 
 
 
 
 
 
 
 
 Total
$
61,618

 
$
(21,331
)
 
$
40,287

 
$
60,695

 
$
(16,257
)
 
$
44,438

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated aggregate amortization expense related to the intangible assets for the next five years is as follows:
 
 
 
 
 
 
Amount
 
 
 
 
 
(in thousands)
For the year ended December 31:
 
 
 
 
 
Remainder of 2014
 
 
 
 
$
4,509

2015
 
 
 
 
8,210

2016
 
 
 
 
7,202

2017
 
 
 
 
5,971

2018
 
 
 
 
5,229

Thereafter
 
 
 
 
9,166

Total
 
 
 
 
$
40,287

Schedule of Goodwill
The changes to the Company’s carrying amount of goodwill were as follows:
 
 
Six Months Ended June 30, 2014
 
Fiscal Year Ended December 31, 2013
 
Energy
 
Sports
 
Total
 
Energy
 
Sports
 
Total
 
(in thousands)
Balance at beginning of period
$
66,571

 
$
2,171

 
$
68,742

 
$
52,939

 
$
154

 
$
53,093

Acquisitions (see Note 3)

 

 

 
11,788

 
5,594

 
17,382

Adjustments to fair value

 

 

 
1,844

 

 
1,844

Impairments

 

 

 

 
(3,577
)
 
(3,577
)
Balance at end of period
$
66,571

 
$
2,171

 
$
68,742

 
$
66,571

 
$
2,171

 
$
68,742

Schedule of Intangible Assets and Goodwill
The components of goodwill at June 30, 2014, and December 31, 2013, were as follows:
 
 
June 30, 2014
 
December 31, 2013
 
(in thousands)
Goodwill
$
74,307

 
$
74,307

Accumulated impairment
(5,565
)
 
(5,565
)
Net goodwill
$
68,742

 
$
68,742