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Other Intangible Assets
6 Months Ended
Jun. 30, 2014
Other Intangible Assets  
Other Intangible Assets

(9)Other Intangible Assets

 

The carrying values of the company’s definite lived intangible assets as of June 30, 2014, and December 31, 2013, are as follows (in thousands):

 

 

 

Patents

 

Non-
Compete

 

Customer
List

 

Total

 

Estimated useful life

 

14 years

 

5 years

 

5 years

 

 

 

Gross amount at June 30, 2014

 

$

429

 

$

512

 

$

2,046

 

$

2,987

 

Accumulated amortization at June 30, 2014

 

(429

)

(294

)

(1,150

)

(1,873

)

Net balance at June 30, 2014

 

$

 

$

218

 

$

896

 

$

1,114

 

 

 

 

 

 

 

 

 

 

 

Gross amount at December 31, 2013

 

$

429

 

$

512

 

$

2,046

 

$

2,987

 

Accumulated amortization at December 31, 2013

 

(429

)

(249

)

(963

)

(1,641

)

Net balance at December 31, 2013

 

$

 

$

263

 

$

1,083

 

$

1,346

 

 

Amortization expense related to intangible assets was approximately $113,000 and $105,000 for the three-month periods ended June 30, 2014, and 2013, respectively, and $232,000 and $239,000 for the six-month periods ended June 30, 2014, and 2013.  The estimated remaining amortization expense as of June 30, 2014 is as follows (in thousands):

 

Remainder of:

 

 

 

2014

 

$

160 

 

2015

 

318 

 

2016

 

318 

 

2017

 

318 

 

Total

 

$

1,114