Goodwill and Other Intangibles (Tables)

12 Months Ended

Dec. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Reconciliation of the change in the carrying value of goodwill

The changes in the net carrying amount of goodwill by reportable segment for the years ended December 31, 2013 and 2012 were as follows:

(in thousands)
Segment	Balance at January 1, 2013		Foreign Currency Translation Adjustments		Additions		Adjustments			Balance at December 31, 2013		Accumulated Impairment Losses
Joining Materials	$	1,494	$	14	$	14,767	$	—		$	16,275	$	—
Tubing	1,895		—		—		—			1,895		—
Building Materials	47,096		—		3,402		(454		)	50,044		—
Arlon	9,298		—		—		—			9,298		(1,140		)
	$	59,783	$	14	$	18,169	$	(454	)	$	77,512	$	(1,140	)

The $14.8 million addition to goodwill within the Joining Materials segment was due to the Company's acquisition of Wolverine Joining, and the $3.4 million addition within the Building Materials segment was due to the Company's acquisition of PAM. The $0.5 million adjustment to goodwill recorded during the year ended December 31, 2013 within the Building Materials segment is related to final purchase price allocation adjustments, including a final working capital adjustment, associated with the prior year acquisition of Hickman. For additional information, see Note 4 - "Acquisitions."

(in thousands)
Segment	Balance at January 1, 2012		Foreign Currency Translation Adjustments		Additions		Balance at December 31, 2012		Accumulated Impairment Losses
Joining Materials	$	1,489	$	5	$	—	$	1,494	$	—
Tubing	1,895		—		—		1,895		—
Building Materials	43,829		—		3,267		47,096		—
Arlon	9,298		—		—		9,298		(1,140		)
	$	56,511	$	5	$	3,267	$	59,783	$	(1,140	)

Summary of Other Intangible Assets

Other intangible assets as of December 31, 2013 and December 31, 2012 consisted of:

(in thousands)	December 31, 2013							December 31, 2012							Weighted-Average Amortization Life (in Years)
	Cost		Accumulated Amortization			Net		Cost		Accumulated Amortization			Net
Customer relationships	$	52,565	$	(16,259	)	$	36,306	$	38,825	$	(13,232	)	$	25,593	16.5
Trademarks, trade names and brand names	10,231		(2,116		)	8,115		5,048		(1,634		)	3,414		17.5
Patents and patent applications	5,103		(1,870		)	3,233		4,789		(1,523		)	3,266		15.5
Non-compete agreements	906		(839		)	67		906		(809		)	97		7.1
Other	1,808		(1,193		)	615		1,762		(914		)	848		6.1
Total	$	70,613	$	(22,277	)	$	48,336	$	51,330	$	(18,112	)	$	33,218

Summary of Estimated Amortization Expense

The increase in intangible assets and related amortization expense during 2013 was principally due to the Company's acquisition of Wolverine Joining and PAM discussed in Note 4 - "Acquisitions." The estimated amortization expense for each of the five succeeding years and thereafter is as follows:

(in thousands)	Customer Relationships		Trademarks, Trade Names and Brand Names		Patents and Patent Applications		Non-Compete Agreements		Other		Total
2014	$	3,421	$	594	$	356	$	30	$	290	$	4,691
2015	3,421		594		342		30		194		4,581
2016	3,421		594		270		7		85		4,377
2017	3,414		594		270		—		37		4,315
2018	3,378		594		270		—		9		4,251
Thereafter	19,251		5,145		1,725		—		—		26,121
	$	36,306	$	8,115	$	3,233	$	67	$	615	$	48,336

These balances are subject to adjustment during the finalization of the purchase price allocations for the Wolverine Joining and PAM acquisitions.