XML 68 R45.htm IDEA: XBRL DOCUMENT v2.4.0.8
GENERAL (Schedule of Acquisition of U.S. Quartz Products, Inc.) (Details) (USD $)
In Thousands, unless otherwise specified
 0 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
May 18, 2011
U.S. Quartz Products, Inc. [Member]
May 18, 2011
U.S. Quartz Products, Inc. [Member]
Distribution Relationships [Member]
May 18, 2011
U.S. Quartz Products, Inc. [Member]
Customer Relationships [Member]
May 18, 2011
U.S. Quartz Products, Inc. [Member]
Distribution Agreement [Member]
May 18, 2011
U.S. Quartz Products, Inc. [Member]
Backlog- Customer Relationships [Member]
May 18, 2011
U.S. Quartz Products, Inc. [Member]
Backlog- Distribution Relationships [Member]
Business Acquisition [Line Items]                  
Current assets       $ 22,452          
Deferred taxes       2,604          
Property and equipment       1,794          
Long-term liabilities       185          
Intangible assets         739 [1] 2,352 [2] 14,376 [3] 146 [4] 84 [5]
Goodwill 39,702 42,955 42,442 18,460 [6]          
Total assets acquired       63,192          
Current liabilities       18,510          
Long-term liabilities       6,291          
Deferred taxes       5,374          
Total liabilities assumed       30,175          
Net assets acquired       33,017          
Total consideration       $ 33,017          
Expected useful life         7 years 7 months 6 days [1] 7 years 7 months 6 days [2] 7 years 7 months 6 days [3] 29 days [4] 29 days [5]
[1] Distribution relationships-the fair value of the distribution relationships was measured using the Multi Period Excess Earnings Method approach (the "MPEEM approach"), which is a form of discounted cash flow analysis. The fair value of the distribution relationships is being amortized according to the revenue projections.
[2] Customer relationships-the customer relationships asset fair value was estimated using the MPEEM approach. The fair value of the customer relationships is being amortized according to the revenue projections.
[3] Distribution agreement-the fair value of the Distribution Agreement (the reacquired right under ASC 805) was measured using the MPEEM approach. The fair value of the distribution relationships is being amortized over 7.6 years.
[4] Backlog-customer relationships-the fair value of the backlog attributed to end-customers was measured using the MPEEM approach. The fair value of the backlog was fully amortized over four weeks (0.08 years).
[5] Backlog-distribution relationships-the fair value of the backlog attributed to distributor relationships was measured using the MPEEM approach. The fair value of the backlog was fully amortized over four weeks (0.08 years).
[6] Goodwill represents the excess of the acquisition price over assets acquired and liabilities assumed. The goodwill is related to the strength of the businesses acquired in the quartz surfaces market within the United States. Goodwill is not amortized and is tested for impairment at least annually.