GOODWILL AND INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Detail and activity of goodwill by segment is presented below (in thousands):



	MMS			ATA		Total
Goodwill	$	32,434		$	6,579	$	39,013
Accumulated impairment losses	(32,434		)	—		(32,434		)
Balance at December 31, 2016	—			6,579		6,579

Goodwill	32,434			6,579		39,013
Currency translation adjustments	—			79		79
Accumulated impairment losses	(32,434		)	—		(32,434		)
Balance at June 30, 2017	$	—		$	6,658	$	6,658

The major components of intangible assets other than goodwill are as follows (in thousands):



	June 30, 2017			December 31, 2016
Gross amortizable intangible assets:
Technical know-how	$	12,985		$	12,944
Customer lists	9,016			8,981
Land rights	2,559			2,498
Patents, trade names, drawings, and other	4,391			4,356
Total gross amortizable intangible assets	28,951			28,779

Accumulated amortization:
Technical know-how	(7,758		)	(7,438		)
Customer lists	(1,976		)	(1,744		)
Land rights	(337		)	(304		)
Patents, trade names, drawings, and other	(3,587		)	(3,490		)
Total accumulated amortization	(13,658		)	(12,976		)
Amortizable intangible assets, net	15,293			15,803

Indefinite lived intangible assets:
Trade names	11,405			10,927

Intangible assets other than goodwill, net	$	26,698		$	26,730

Amortization expense related to the definite-lived intangible assets are as follows (in thousands):



	Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
Amortization expense	$	312	$	320	$	624	$	640

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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