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Goodwill and Other Intangibles (Tables)
12 Months Ended
Dec. 31, 2014
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, 2014 and 2013 were as follows (in thousands):
Segment
 
Balance at January 1, 2014
 
Foreign Currency Translation Adjustments
 
Additions
 
Adjustments
 
Balance at
December 31, 2014
 
Accumulated
Impairment Losses
Joining Materials
 
$
16,275

 
$
(37
)
 
$

 
$

 
$
16,238

 
$

Tubing
 
1,895

 

 

 

 
1,895

 

Building Materials
 
50,044

 

 

 
76

 
50,120

 

Total
 
$
68,214

 
$
(37
)
 
$

 
$
76

 
$
68,253

 
$


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

 

Total
 
$
50,485

 
$
14

 
$
18,169

 
$
(454
)
 
$
68,214

 
$

Summary of Other Intangible Assets
Other intangible assets as of December 31, 2014 and December 31, 2013 consisted of:

(in thousands)
December 31, 2014
 
December 31, 2013
 
Weighted-Average Amortization Life (in Years)
 
Cost
Accumulated Amortization
Net
 
Cost
Accumulated Amortization
Net
 
Customer relationships
$
31,977

$
(8,524
)
$
23,453

 
$
32,065

$
(6,553
)
$
25,512

 
19.7
Trademarks, trade names and brand names
8,419

(2,004
)
6,415

 
8,401

(1,499
)
6,902

 
16.2
Patents and patent applications
5,354

(2,229
)
3,125

 
5,098

(1,865
)
3,233

 
15.9
Non-compete agreements
709

(671
)
38

 
906

(839
)
67

 
8.8
Other
1,358

(1,051
)
307

 
1,447

(832
)
615

 
6.6
Total
$
47,817

$
(14,479
)
$
33,338

 
$
47,917

$
(11,588
)
$
36,329

 
 
Summary of Estimated Amortization Expense
The increase in amortization expense during 2014 and 2013 was principally due to the Company's acquisitions of Wolverine Joining and PAM. 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
2015
 
$
1,972

 
$
503

 
$
356

 
$
30

 
$
226

 
$
3,087

2016
 
1,972

 
503

 
284

 
8

 
34

 
2,801

2017
 
1,965

 
383

 
284

 

 
37

 
2,669

2018
 
1,929

 
383

 
284

 

 
10

 
2,606

2019
 
1,929

 
383

 
284

 

 

 
2,596

Thereafter
 
13,686

 
4,260

 
1,633

 

 

 
19,579

Total
 
$
23,453

 
$
6,415

 
$
3,125

 
$
38

 
$
307

 
$
33,338