Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2013

Goodwill and Intangible Assets

Schedule of changes in the carrying amount of goodwill

	Package				Industrial
	Testing		Permeation		Analyzers & Other		Total
Balance as of December 31, 2012	$	5,940,437	$	2,179,071	$	609,930	$	8,729,438
Foreign currency translation	128,963		43,343		—		172,306
Balance as of September 30, 2013	$	6,069,400	$	2,222,414	$	609,930	$	8,901,744

Schedule of other intangible assets

	As of September 30, 2013
	Cost		Accumulated Amortization			Net		Estimated Useful Lives
Patents	$	1,525,371	$	(373,292	)	$	1,152,079	10 to 17 years
Trademarks and trade names	4,388,035		(771,765		)	3,616,270		5 to 20 years
Developed technology	7,596,470		(1,266,078		)	6,330,392		9 years
Customer relationships	888,370		(148,062		)	740,308		9 years
Other intangibles	782,718		(25,253		)	757,465		7 years
	$	15,180,964	$	(2,584,450	)	$	12,596,514

	As of December 31, 2012
	Cost		Accumulated Amortization			Net		Estimated Useful Lives
Patents	$	1,485,164	$	(428,409	)	$	1,056,755	10 to 17 years
Trademarks and trade names	4,295,181		(608,861		)	3,686,320		5 to 20 years
Developed technology	7,424,680		(618,723		)	6,805,957		9 years
Customer relationships	868,280		(72,357		)	795,923		9 years
Other intangibles	125,118		(88,459		)	36,659		3.75 years
	$	14,198,423	$	(1,816,809	)	$	12,381,614

Schedule of estimated amortization expense related to the intangible assets

	Estimated Expense
2013	$	347,616
2014	1,258,089
2015	1,253,436
2016	1,236,837
2017	1,204,513
2018 and thereafter	6,102,284