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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of detail and activity of goodwill by segment
Detail and activity of goodwill by segment is presented below (in thousands):
    
 
MMS
 
ATA
 
Total
Goodwill
$
32,434

 
$

 
$
32,434

Accumulated impairment losses
(23,777
)
 

 
(23,777
)
Balance at December 31, 2012
8,657

 

 
8,657

 
 
 
 
 
 
Acquisition of Forkardt

 
5,816

 
5,816

Impairment loss
(3,809
)
 

 
(3,809
)
Disposal of Forkardt Switzerland

 
(662
)
 
(662
)
 
(3,809
)
 
5,154

 
1,345

 
 
 
 
 


Goodwill(1)
32,434

 
5,154

 
37,588

Accumulated impairment losses
(27,586
)
 

 
(27,586
)
Balance at December 31, 2013
4,848

 
5,154

 
10,002

 
 
 
 
 
 
Acquisition of Forkardt India

 
1,626

 
1,626

Impairment loss
(4,848
)
 

 
(4,848
)
Currency translation adjustments

 
(82
)
 
(82
)
 
(4,848
)
 
1,544

 
(3,304
)
 
 
 
 
 
 
Goodwill
32,434

 
6,698

 
39,132

Accumulated impairment losses
(32,434
)
 

 
(32,434
)
Balance at December 31, 2014
$

 
$
6,698

 
$
6,698

____________________
(1) 
In accordance with business combination guidance, changes to the purchase price allocation are adjusted retrospectively to the consolidated financial results. The values above include measurement period adjustments recorded in the year ended December 31, 2014 to primarily revise the fair value of other current assets, accrued expenses, and AOCI. The December 31, 2013 balances included in the Consolidated Balance Sheets have been revised to include the effect of the measurement period adjustments.
Summary of the major components of intangible assets other than goodwill
The major components of intangible assets other than goodwill are as follows (in thousands):
    
 
December 31,
2014
 
December 31,
2013
Gross amortizable intangible assets:
 

 
 

Technical know-how
$
12,984

 
$
12,409

Customer lists
9,047

 
8,425

Land rights
2,796

 
2,865

Patents, trade names, drawings, and other
4,345

 
3,571

Total gross amortizable intangible assets
29,172

 
27,270

 
 
 
 
Accumulated amortization:
 

 
 

Technical know-how
(5,730
)
 
(4,603
)
Customer lists
(871
)
 
(416
)
Land rights
(228
)
 
(177
)
Patents, trade names, drawings, and other
(3,227
)
 
(3,085
)
Total accumulated amortization
(10,056
)
 
(8,281
)
Amortizable intangible assets, net
19,116

 
18,989

 
 
 
 
Indefinite lived intangible assets:
 

 
 

Trade names
11,101

 
13,074

 





Intangible assets other than goodwill, net
$
30,217

 
$
32,063



Schedule of finite-lived intangible asset amortization expense
Amortization expense related to the definite-lived intangible assets are as follows (in thousands):
 
Year Ended December 31,
 
2014
 
2013
 
2012
Amortization expense
$
1,810

 
$
1,553

 
$
781

Schedule of finite-lived intangible assets, future amortization expense
Estimated amortization expense for each of the five succeeding fiscal years and thereafter is as follows (in thousands):
Fiscal Year
 
Future Estimated Amortization
2015
 
$
1,800

2016
 
1,275

2017
 
1,235

2018
 
1,077

2019
 
1,060

Thereafter
 
12,669