XML 43 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2014
Goodwill and Other Intangible Assets [Abstract]  
Carrying amount of goodwill on a reportable segment basis
The following represents the carrying amount of goodwill, on a reportable segment basis:

(In thousands)
 
Wheels
  
Brillion Iron
Works
  
Total
 
Balance as of December 31, 2013
 
$
96,283
  
$
4,414
  
$
100,697
 
Balance as of June 30, 2014
 
$
96,283
  
$
4,414
  
$
100,697
 

Carrying amount of other intangible assets by reportable segment
The changes in the carrying amount of other intangible assets for the period December 31, 2013 to June 30, 2014, by reportable segment, are as follows:

(In thousands)
 
Wheels
  
Brillion Iron
Works
  
Total
 
Balance as of December 31, 2013
 
$
122,764
  
$
2,666
  
$
125,430
 
Additions
  
671
   
   
671
 
Amortization
  
(3,975
)
  
(84
)
  
(4,059
)
Balance as of June 30, 2014
 
$
119,460
  
$
2,582
  
$
122,042
 

The changes in the carrying amount of other intangible assets for the period December 31, 2012 to June 30, 2013, by reportable segment, are as follows:

(In thousands)
 
Wheels
  
Brillion Iron Works
  
Corporate
  
Total
 
Balance as of December 31, 2012
 
$
130,668
  
$
2,833
  
$
679
  
$
134,180
 
Amortization
  
(3,952
)
  
(83
)
  
(500
)
  
(4,535
)
Balance as of June 30, 2013
 
$
126,716
  
$
2,750
  
$
179
  
$
129,645
 

Summary of goodwill and other intangible assets
The summary of goodwill and other intangible assets is as follows:

 
 
  
As of June 30, 2014
  
As of December 31, 2013
 
(In thousands)
 
Weighted
Average
Useful
Lives
  
Gross Amount
  
Accumulated
Amortization
  
Carrying
Amount
  
Gross Amount
  
Accumulated
Amortization
  
Carrying
Amount
 
Goodwill
  
  
$
100,697
  
$
  
$
100,697
  
$
100,697
  
$
  
$
100,697
 
Other intangible assets:
                            
Trade names
  
  
$
25,200
  
$
  
$
25,200
  
$
25,200
  
$
  
$
25,200
 
Technology
  
10.0
   
39,520
   
21,993
   
17,527
   
38,849
   
20,497
   
18,352
 
Customer relationships
  
19.9
   
129,093
   
49,778
   
79,315
   
129,093
   
47,215
   
81,878
 
Other intangible assets:
     
$
193,813
  
$
71,771
  
$
122,042
  
$
193,142
  
$
67,712
  
$
125,430