Note 5 - Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

5.

             GOODWILL AND OTHER INTANGIBLE ASSETS

At

December 

31,

2019

and

2018,

the gross carrying amount and accumulated amortization of intangible assets, other than goodwill, are as follows:

				December 31, 2019					Identifiable Intangible		December 31, 2018					Identifiable Intangible
(In thousands)	*Estimated			Gross					Assets, less		Gross					Assets, less
	Useful			Carrying		Accumulated			Accumulated		Carrying		Accumulated			Accumulated
	Life (in years)			Amount		Amortization			Amortization		Amount		Amortization			Amortization
Finite-lived intangible assets Energy Segment:
Order backlog		2		$	2,938	$	(2,938	)	$	—	$	2,837	$	(2,837	)	$	—
Trade name - Orbital-UK		10			1,579		(1,066	)		513		1,526		(877	)		649
Customer list - Orbital-UK		10			6,142		(4,146	)		1,996		5,931		(3,411	)		2,520
Technology rights		20			330		(213	)		117		318		(173	)		145
Technology-Based Asset - Know How		12			2,488		(1,399	)		1,089		2,403		(1,151	)		1,252
Technology-Based Asset - Software		10			539		(364	)		175		521		(300	)		221
Computer software	3	to	5		717		(331	)		386		667		(140	)		527
Total Energy Segment					14,733		(10,457	)		4,276		14,203		(8,889	)		5,314
Other category
Computer software	3	to	5		720		(698	)		22		715		(676	)		39
Product certifications		3			36		(36	)		—		36		(36	)		—
Total other category					756		(734	)		22		751		(712	)		39
Total Finite-lived assets
Total Identifiable other intangible assets				$	15,489	$	(11,191	)	$	4,298	$	14,954	$	(9,601	)	$	5,353

* All intangibles are reviewed annually for impairment, or sooner if circumstances change.

Intangible asset amortization by category was as follows:

	For the Years Ended December 31,
(In thousands)	2019		2018		2017
Trademarks and trade name	$	153	$	160	$	154
Customer lists/relationships		595		622		600
Technology rights		32		33		30
Technology-based assets		253		265		255
Computer software		204		161		32
Other intangibles		—		—		2
Intangibles held by discontinued operations		400		661		768
Total amortization	$	1,637	$	1,902	$	1,841

Estimated future amortization by category of finite-lived intangible assets at

December 

31,

2019

was as follows:

	For the Years Ending December 31,
(In thousands)	2020		2021		2022		2023		2024		2025 and thereafter		Totals
Trademarks and trade name	$	158	$	158	$	158	$	39	$	—	$	—	$	513
Customer lists/relationships		614		614		614		154		—		—		1,996
Technology rights		33		33		33		18		—		—		117
Technology-based assets		261		261		261		221		208		52		1,264
Computer software		198		112		76		22		—		—		408
Total amortization	$	1,264	$	1,178	$	1,142	$	454	$	208	$	52	$	4,298

Management reviews other intangible assets for impairment when facts or circumstances suggest. As of

December 

31,

2019,

management has evaluated the remaining finite-lived and indefinite-lived intangible assets and believes

no

impairment exists.

The following table reflects the carrying amount of goodwill as of

December 

31,

2018

and

2017,

and the

2018

activity. There was

no

goodwill included in the consolidated balance sheet at

December 31, 2019

and

December 31, 2018.

(In thousands)	Energy			Other		Total
Balance, December 31, 2017	$	4,549		$	—	$	4,549
Currency translation adjustments		(202	)		—		(202	)
Goodwill impairment		(4,347	)		—	$	(4,347	)
Balance, December 31, 2018	$	—		$	—	$	—

See Note

2

Summary of Significant Accounting Policies - Indefinite-Lived Intangibles and Goodwill Assets for information on the

2019

impairments to goodwill included in discontinued operations and the impairments included in continuing operations in

2018

and

2017.