Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table provides the components of and changes in the carrying amount of Goodwill(in thousands):

	Acquired Goodwill		Accumulated Impairment			Other			Net Carrying Amount
Balance December 31, 2014	$	7,073	$	(2,978	)	$	—		$	4,095
Additions (c)	—		—			—			—
Impairment(a)	—		(192		)	—			(192		)
Other(b)	—		—			(183		)	(183		)
Balance September 30, 2015	$	7,073	$	(3,170	)	$	(183	)	$	3,720
(a) Related to the impairment of Tomboy Tools
(b) Primarily reflects the impact of foreign exchange.
(c) This is inconsistent with the second quarter 2015 filing. Previously, we had estimated an addition of goodwill as a result of the Kleeneze acquisition. However, after completion of our preliminary purchase price allocation, we have determined no goodwill was acquired.

Schedule of Identifiable Intangible Assets

The following table provides the components of Identifiable intangible assets (in thousands, except amortization period):

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount as of September 30, 2015		Weighted Average Amortization period (in years)
Indefinite-lived intangible assets:
Trade name and trademarks (d)	$	2,288	$	—		$	2,288	—
Finite-lived intangible assets:
Trade name and trademarks	5,579		(2,479		)	3,100		18
Other intellectual property	363		(63		)	300		8
	$	8,230	$	(2,542	)	$	5,688	17
(d) This amount differs from the Intangible asset amount of $2.24 million shown in Note 2 regarding the Kleeneze acquisition due to foreign exchange rate effects of $49,000

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount as of December 31, 2014		Weighted Average Amortization period (in years)
Indefinite-lived intangible assets:
Trade name and trademarks (d)	$	—	$	—		$	—	—
Finite-lived intangible assets:
Trade name and trademarks	5,579		(2,348		)	3,231		19
Other intellectual property	363		(36		)	327		9
	$	5,942	$	(2,384	)	$	3,558	17

Schedule of Identifiable Intangible Assets

The following table provides the components of Identifiable intangible assets (in thousands, except amortization period):

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount as of September 30, 2015		Weighted Average Amortization period (in years)
Indefinite-lived intangible assets:
Trade name and trademarks (d)	$	2,288	$	—		$	2,288	—
Finite-lived intangible assets:
Trade name and trademarks	5,579		(2,479		)	3,100		18
Other intellectual property	363		(63		)	300		8
	$	8,230	$	(2,542	)	$	5,688	17
(d) This amount differs from the Intangible asset amount of $2.24 million shown in Note 2 regarding the Kleeneze acquisition due to foreign exchange rate effects of $49,000

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount as of December 31, 2014		Weighted Average Amortization period (in years)
Indefinite-lived intangible assets:
Trade name and trademarks (d)	$	—	$	—		$	—	—
Finite-lived intangible assets:
Trade name and trademarks	5,579		(2,348		)	3,231		19
Other intellectual property	363		(36		)	327		9
	$	5,942	$	(2,384	)	$	3,558	17

Schedule of Estimated Future Amortization Expense of Intangible Assets

As of September 30, 2015, the estimated future amortization expense associated with our intangible assets for each of the five succeeding fiscal years ending December 31 is as follows (in thousands):

	Amortization of Intangible Assets
2015 (remaining three months)	$	52
2016	$	206
2017	$	206
2018	$	206
2019	$	206
Thereafter	$	2,525