Detail of Selected Balance Sheet Accounts

12 Months Ended

Dec. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Detail of Selected Balance Sheet Accounts

2. Detail of Selected Balance Sheet Accounts

Property and Equipment

Property and equipment are stated at cost and consist of:

	At December 31,
	2015		2014
Land	$	2,476	$	2,476
Buildings		7,706		5,759
Machinery and equipment		11,885		11,220
		22,067		19,455
Less accumulated depreciation		11,168		10,501
Total	$	10,899	$	8,954

Intangible assets

Intangible assets consist of:

	At December 31,
	2015		2014
Tradenames	$	3,846	$	4,610
Customer relationships		11,630		11,630
		15,476		16,240
Less accumulated amortization:
Tradenames		—		—
Customer relationships		9,492		7,739
		9,492		7,739
Total	$	5,984	$	8,501

Intangible assets include customer relationships which are being amortized over 6 or 7 year useful lives. The weighted average amortization period for intangible assets is 6.6 years. Tradenames are not amortized; however, they are tested annually for impairment. As of December 31, 2015, accumulated amortization on the acquired intangible assets was $9,492 and amortization expense was $1,753 in the year ended December 31, 2015 and $1,733 in each of the years ended December 31, 2014 and 2013. Future amortization expense to be recognized on the acquired intangible assets is expected to be as follows:

	Annual Amortization Expense
2016	$	1,572
2017		566

Goodwill

	At December 31,
	2015			2014
Goodwill	$	25,082		$	25,082
Accumulated impairment losses		(10,216	)		(7,562	)
Net balance	$	14,866		$	17,520

Accrued and Other Current Liabilities

Accrued and other current liabilities consist of:	At December 31,
	2015		2014
Customer advances	$	169	$	62
Customer rebates		3,166		5,145
Payroll, commissions, and bonuses		1,148		2,349
Accrued inventory purchases		1,800		2,778
Other		3,285		2,770
Total	$	9,568	$	13,104