XML 44 R28.htm IDEA: XBRL DOCUMENT v3.3.1.900
Intangible Assets and Goodwill (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
Identifiable intangible assets as of December 31, 2015, consist of the following (in thousands):
 
 
 
Successor
 
 
 
December 31, 2015
 
 
 
Estimated
 
 
 
Accumulated
 
 
 
 
 
Life
 
Cost
 
Amortization
 
Net
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
 
8 years
 
$
26,380
 
$
698
 
$
25,682
 
Trade name
 
15 years
 
 
13,460
 
 
154
 
 
13,306
 
 
 
 
 
$
39,840
 
$
852
 
$
38,988
 
 
Identifiable intangible assets as of December 31, 2014, consist of the following (in thousands):
 
 
 
Predecessor
 
 
 
December 31, 2014
 
 
 
Estimated
 
 
 
Accumulated
 
Accumulated
 
 
 
 
 
Life
 
Cost
 
Amortization
 
Impairment
 
Net
 
 
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
 
1 - 10 years
 
$
6,500
 
$
1,689
 
$
1,811
 
$
3,000
 
Trade name
 
1 year
 
 
100
 
 
100
 
 
-
 
 
-
 
 
 
 
 
$
6,600
 
$
1,789
 
$
1,811
 
$
3,000
 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Estimated amortization of the intangible assets for subsequent years is as follows (in thousands):
 
Year Ending December 31,
 
 
 
 
 
 
 
2016
 
$
7,003
 
2017
 
 
6,535
 
2018
 
 
5,600
 
2019
 
 
5,110
 
2020
 
 
4,537
 
Thereafter
 
 
10,203
 
 
 
$
38,988
 
Schedule of Goodwill [Table Text Block]
The Company’s goodwill balance by reporting unit, consists of the following as of December 31 (in thousands):
 
 
 
DSTI
 
Seamast
 
Access
 
Total
 
 
 
 
 
 
 
 
 
 
 
Balance, December 31, 2013, Predecessor
 
$
2,098
 
$
1,898
 
$
5,820
 
$
9,816
 
Impairment loss
 
 
(1,658)
 
 
-
 
 
(3,459)
 
 
(5,117)
 
Balance, December 31, 2014, Predecessor
 
 
440
 
 
1,898
 
 
2,361
 
 
4,699
 
Impairment loss
 
 
-
 
 
-
 
 
(2,064)
 
 
(2,064)
 
Balance, November 23, 2015, Predecessor
 
 
440
 
 
1,898
 
 
297
 
 
2,635
 
Elimination of predecessor goodwill
 
 
(440)
 
 
(1,898)
 
 
(297)
 
 
(2,635)
 
Acquisition of business
 
 
-
 
 
-
 
 
-
 
 
113,589
 
Balance, December 31, 2015, Successor
 
$
-
 
$
-
 
$
-
 
$
113,589