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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in carrying amounts of goodwill
The changes in carrying amounts of goodwill during the three months ended March 31, 2013 were as follows:
 
 
Metals
Segment
 
Plastics
Segment
 
Total
Balance as of January 1, 2013
 
 
 
 
 
Goodwill
$
117,544

 
$
12,973

 
$
130,517

Accumulated impairment losses
(60,217
)
 

 
(60,217
)
Balance as of January 1, 2013
57,327

 
12,973

 
70,300

Currency valuation
(293
)
 

 
(293
)
Balance as of March 31, 2013
 
 
 
 
 
Goodwill
117,251

 
12,973

 
130,224

Accumulated impairment losses
(60,217
)
 

 
(60,217
)
Balance as of March 31, 2013
$
57,034

 
$
12,973

 
$
70,007

Summary of the components of intangible assets
The following table summarizes the components of intangible assets:
 
 
March 31, 2013
 
December 31, 2012
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Gross
Carrying
Amount
 
Accumulated
Amortization
Customer relationships
$
118,589

 
$
47,726

 
$
119,118

 
$
45,317

Non-compete agreements
3,888

 
3,319

 
3,888

 
3,235

Trade name
8,255

 
1,382

 
8,297

 
1,188

Developed technology
1,400

 
603

 
1,400

 
486

Total
$
132,132

 
$
53,030

 
$
132,703

 
$
50,226

Summary of the estimated annual amortization expense
The following is a summary of the estimated annual amortization expense for 2013 and each of the next 4 years:
 
2013
$
11,769

2014
11,735

2015
10,969

2016
10,969

2017
8,945