GOODWILL AND OTHER INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

7.  GOODWILL AND OTHER INTANGIBLE ASSETS

There were no changes in the carrying values of goodwill for the nine months ended September 30, 2017.

	T&D Solutions Segment			Critical Power Solutions Segment		Total Goodwill
Gross Goodwill:
Balance as of January 1, 2017	$	7,978		$	2,970	$	10,948
No activity		—			—		—
Balance as of September 30, 2017	$	7,978		$	2,970	$	10,948
Accumulated impairment losses:
Balance as of January 1, 2017	$	(976	)	$	—	$	(976	)
No activity		—			—		—
Balance as of September 30, 2017	$	(976	)	$	—	$	(976	)
Net Goodwill as of September 30, 2017	$	7,002		$	2,970	$	9,972

Changes in the carrying values of intangible assets for the nine months ended September 30, 2017, were as follows:

	T&D Solutions Segment			Critical Power Solutions Segment			Total Intangible Assets
Balance as of January 1, 2017		5,565			2,603			8,168
Amortization		(312	)		(1,078	)		(1,390	)
Foreign currency translation		5			—			5
Balance as of September 30, 2017	$	5,258		$	1,525		$	6,783

The components of intangible assets as of September 30, 2017 are summarized below:

	Weighted Average Amortization Years		Gross Carrying Amount		Accumulated Amortization			Foreign Currency Translation			Net Book Value
Customer relationships		7	$	7,201	$	(4,571	)	$	—		$	2,630
Non-compete agreements		6		705		(459	)		—			246
Trademarks		Indefinite		1,816		—			—			1,816
Distributor territory license		4		474		(474	)		—			—
Internally developed software		7		289		(114	)		—			175
Developed technology		10		492		(135	)		—			357
Technology-related industry accreditations		Indefinite		1,575		—			(16	)		1,559
Total intangible assets			$	12,552	$	(5,753	)	$	(16	)	$	6,783

The Company accelerated and fully amortized the distributor territory license intangible asset upon the termination of its distribution agreement with a supplier during the quarter ended September 30, 2017.