GOODWILL AND INTANGIBLE ASSETS

3 Months Ended

Mar. 31, 2016

NOTE 8.GOODWILL AND INTANGIBLE ASSETS

Changes in goodwill for the three months ended March 31, 2016 consisted of the following:

$s in thousands	Environmental Services		Field & Industrial Services		Total

Balance at December 31, 2015	$	147,692	$	44,131	$	191,823
Foreign currency translation	1,090		—		1,090

Balance at March 31, 2016	$	148,782	$	44,131	$	192,913

Intangible assets, net consisted of the following:

	March 31, 2016							December 31, 2015
$s in thousands	Cost		Accumulated Amortization			Net		Cost		Accumulated Amortization			Net
Amortizing intangible assets:
Permits, licenses and lease	$	111,056	$	(7,575	)	$	103,481	$	109,652	$	(6,682	)	$	102,970
Customer relationships	82,226		(10,424		)	71,802		82,021		(9,015		)	73,006
Technology - formulae and processes	7,017		(1,184		)	5,833		6,560		(1,054		)	5,506
Customer backlog	3,652		(652		)	3,000		3,652		(561		)	3,091
Tradename	4,318		(2,570		)	1,748		4,318		(2,210		)	2,108
Developed software	2,917		(771		)	2,146		2,899		(678		)	2,221
Non-compete agreements	732		(732		)	—		732		(732		)	—
Internet domain and website	540		(51		)	489		540		(44		)	496
Database	390		(97		)	293		385		(85		)	300

Total amortizing intangible assets	212,848		(24,056		)	188,792		210,759		(21,061		)	189,698
Nonamortizing intangible assets:
Permits and licenses	49,750		—			49,750		49,750		—			49,750
Tradename	131		—			131		123		—			123

Total intangible assets, net	$	262,729	$	(24,056	)	$	238,673	$	260,632	$	(21,061	)	$	239,571

Amortization expense for the three months ended March 31, 2016 and 2015 was $2.6 million and $3.3 million, respectively. Foreign intangible asset carrying amounts are affected by foreign currency translation.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details