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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table presents the goodwill balance by reportable segment:
Rail Products and
Services
Construction
Products
Tubular and Energy
Services
Total
Balance as of December 31, 2018$14,111  $5,147  $—  $19,258  
Foreign currency translation impact(328) —  —  (328) 
Balance as of September 30, 2019$13,783  $5,147  $—  $18,930  
Schedule of Intangible Assets
The components of the Company’s intangible assets were as follows:
September 30, 2019
Weighted Average
Amortization
Period In Years
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Amount
Non-compete agreements4$1,227  $(1,140) $87  
Patents10369  (181) 188  
Customer relationships1836,807  (13,021) 23,786  
Trademarks and trade names167,732  (3,382) 4,350  
Technology1435,551  (19,407) 16,144  
$81,686  $(37,131) $44,555  
December 31, 2018
Weighted Average
Amortization
Period In Years
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Amount
Non-compete agreements4$1,372  $(1,046) $326  
Patents10358  (165) 193  
Customer relationships1837,129  (11,388) 25,741  
Trademarks and trade names158,481  (3,416) 5,065  
Technology1435,640  (17,129) 18,511  
$82,980  $(33,144) $49,836  
Estimated Future Amortization
As of September 30, 2019, estimated amortization expense for the remainder of 2019 and thereafter was as follows:
Amortization Expense
Remainder of 2019$1,525  
20205,815  
20215,781  
20225,698  
20235,211  
2024 and thereafter20,525  
$44,555