Goodwill And Other Identifiable Intangible Assets

12 Months Ended

Dec. 31, 2011

Goodwill And Other Identifiable Intangible Assets [Abstract]

Goodwill And Other Identifiable Intangible Assets

5. Goodwill and Other Identifiable Intangible Assets

The Company has elected to perform the annual impairment test of its goodwill, as required, on December 31 of each year. For purposes of the test, the Company has identified reporting units, as defined within ASC 350, at a regional level for the Activated Carbon and Service segment and at the technology level for the Equipment segment and has allocated goodwill to these reporting units accordingly. The goodwill associated with the Consumer segment is not material and has not been allocated below the segment level.

The changes in the carrying amount of goodwill by segment for the years ended December 31, 2011 and 2010 are as follows:


(Dollars in thousands)	Activated Carbon and Service Segment			Equipment Segment			Consumer Segment		Total
Balance as of January 1, 2010	$	20,305		$	6,569		$	60	$	26,934
Foreign currency translation		(122	)		98			—		(24	)

Balance as of December 31, 2010		20,183			6,667			60		26,910
Foreign currency translation		(16	)		(55	)		—		(71	)

Balance as of December 31, 2011	$	20,167		$	6,612		$	60	$	26,839

The following is a summary of the Company's identifiable intangible assets as of December 31, 2011 and 2010, respectively:

December 31, 2011

(Dollars in thousands)

Weighted
Average
Amortization
Period

Gross
Carrying
Amount

Foreign
Exchange

Accumulated
Amortization

Net
Carrying
Amount

Amortized intangible assets:

Patents

15.4 Years

1,369

—

(1,197

)

172

Customer Relationships

16.0 Years

10,450

(261

)

(7,776

)

2,413

Product Certification

5.4 Years

6,023

(19

)

(2,960

)

3,044

Unpatented Technology

20.0 Years

2,875

—

(2,011

)

864

Licenses

20.0 Years

964

217

(95

)

1,086

Total

14.0 Years

21,681

(63

)

(14,039

)

7,579


	December 31, 2010
(Dollars in thousands)	Weighted Average Amortization Period		Gross Carrying Amount		Foreign Exchange			Accumulated Amortization			Net Carrying Amount
Amortized intangible assets:
Patents		15.4 Years	$	1,369	$	—		$	(1,128	)	$	241
Customer Relationships		16.0 Years		10,450		(239	)		(7,138	)		3,073
Product Certification		5.4 Years		5,327		—			(2,116	)		3,211
Unpatented Technology		20.0 Years		2,875		—			(1,848	)		1,027
Licenses		20.0 Years		964		151			(52	)		1,063

Total		14.0 Years	$	20,985	$	(88	)	$	(12,282	)	$	8,615

For the years ended December 31, 2011, 2010 and 2009, the Company recognized $1.8 million, $2.0 million, and $1.3 million respectively, of amortization expense related to intangible assets. The Company estimates amortization expense to be recognized during the next five years as follows:


For the year ending December 31:	(Dollars in thousands)
2012	$	1,493
2013		1,455
2014		1,381
2015		768
2016		637

- 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.

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