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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2014
Goodwill and Other Intangible Assets [Abstract]  
Schedule of Intangible Assets and Goodwill

Changes in goodwill and intangible asset balances for the six months ended June 30, 2014, consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible

 

Goodwill

 

assets

Balance as of December 31, 2013

$

7,998 

 

$

5,285 

Amortization

 

 -

 

 

(159)

Foreign currency translation

 

(4)

 

 

(4)

Balance as of June 30, 2014

$

7,994 

 

$

5,122 

 

 

 

 

 

 

 

Schedule of Intangible Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible

 

Goodwill

 

assets

Balance as of December 31, 2013

$

7,998 

 

$

5,285 

Amortization

 

 -

 

 

(159)

Foreign currency translation

 

(4)

 

 

(4)

Balance as of June 30, 2014

$

7,994 

 

$

5,122 

 

 

 

 

 

 

The components of intangible assets as of June 30, 2014 are summarized below (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible

 

Accumulated

 

Foreign currency

 

Net book

 

assets

 

amortization

 

translation

 

value

Customer relationships

$

2,962 

 

$

(1,001)

 

$

(80)

 

$

1,881 

Non-compete agreements

 

465 

 

 

(169)

 

 

(1)

 

 

295 

Trademarks

 

2,049 

 

 

 -

 

 

(25)

 

 

2,024 

Technology-related industry accreditations

 

950 

 

 

 -

 

 

(28)

 

 

922 

Total intangible assets

$

6,426 

 

$

(1,170)

 

$

(134)

 

$

5,122