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Goodwill and Other Intangibles (Tables)
6 Months Ended
Jun. 30, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Fair Value of Goodwill, Tested for Impairment, Nonrecurring Basis [Table Text Block]
The fair value of goodwill is tested for impairment on a non-recurring basis in the accompanying unaudited consolidated condensed financial statements using Level 3 inputs. The Company concluded that there was an indication of impairment to Alcadon-MRV AB ("Alcadon"), our Scandinavian subsidiary. Below is a description of the Level 3 inputs used:

Quantitative Information about Level 3 Fair Value Measurements
($ in thousands)
 
 
 
 
 
 
 
 
 
 
 
Fair Value at 6/30/12
 
Valuation Technique
 
Unobservable Input
 
Range (Median)
 
 
 
 
 
 
 
 
 
Equity investment in Alcadon
 
$13,100
 
Discounted cash flow
 
Weighted average cost of capital
 
34.3%-40.3% (37.3%)
 
 
 
 
 
 
Long term growth rate
 
1.5%-4.5% (3.0%)
 
 
$11,900
 
Non-Binding offer from third party