GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2015

$s in thousands	Environmental Services			Field & Industrial Services			Total
Balance at December 31, 2014 (1)	$	152,396		$	65,213		$	217,609
Impairment charges (2)	—			(6,700		)	(6,700		)
Classified as held for sale (3)	—			(13,572		)	(13,572		)
Foreign currency translation	(2,512		)	—			(2,512		)

Balance at September 30, 2015	$	149,884		$	44,941		$	194,825

(1)

Balances have been revised to reflect purchase accounting measurement period adjustments related to the acquisition of EQ as disclosed in Note 2.

(2)

As disclosed in Notes 3, on August 4, 2015, we entered into a definitive agreement to sell Allstate to a private investor group for approximately $58.0 million cash, subject to adjustments for working capital and capital expenditures. Allstate represents the majority of the industrial services business we acquired with the acquisition of EQ. As a result of this agreement and management’s strategic review, we evaluated the recoverability of the assets associated with our industrial services business. Based on this analysis, we recorded a non-cash goodwill impairment charge of $6.7 million, or $0.31 per diluted share, in the second quarter of 2015. We calculated the estimated fair value of the industrial services business using a combination of quoted market prices and discounted cash flows.

(3)

Amounts relate to sale of Allstate as disclosed in Note 3.

Schedule of intangible assets

	September 30, 2015							December 31, 2014
$s in thousands	Cost		Accumulated Amortization			Net		Cost		Accumulated Amortization			Net
Amortizing intangible assets:
Permits, licenses and lease	$	110,357	$	(6,085	)	$	104,272	$	113,693	$	(4,427	)	$	109,266
Customer relationships	82,124		(7,728		)	74,396		103,086		(4,488		)	98,598
Technology - formulae and processes	6,790		(1,037		)	5,753		7,844		(1,009		)	6,835
Customer backlog	3,652		(469		)	3,183		4,600		(246		)	4,354
Tradename	4,318		(1,850		)	2,468		5,481		(979		)	4,502
Developed software	2,908		(605		)	2,303		3,745		(428		)	3,317
Non-compete agreements	732		(610		)	122		920		(462		)	458
Internet domain and website	540		(36		)	504		869		(24		)	845
Database	388		(79		)	309		667		(72		)	595

Total amortizing intangible assets	211,809		(18,499		)	193,310		240,905		(12,135		)	228,770
Nonamortizing intangible assets:
Permits and licenses	49,750		—			49,750		49,750		—			49,750
Tradename	127		—			127		147		—			147

Total intangible assets, net	$	261,686	$	(18,499	)	$	243,187	$	290,802	$	(12,135	)	$	278,667