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Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
The change in goodwill
The change in the carrying amount of goodwill for the years ended December 31, 2014 and 2013 is as follows: 

 
Distribution
 
Material Handling
 
Total
January 1, 2013
$
505

 
$
50,741

 
$
51,246

Reclassification of prepaid asset from Novel acquisition
—

 
1,028

 
1,028

Foreign currency translation
—

 
(1,199
)
 
(1,199
)
December 31, 2013
505

 
50,570

 
51,075

Acquisitions
—

 
19,812

 
19,812

Foreign currency translation
—

 
(4,248
)
 
(4,248
)
December 31, 2014
$
505

 
$
66,134

 
$
66,639
Intangible assets
Intangible assets at December 31, 2014 and 2013 consisted of the following:
 
 
 
2014
 
2013
 
Weighted Average Useful Life (years)
 
Gross
 
Accumulated
Amortization
 
Net
 
Gross
 
Accumulated
Amortization
 
Net
Trade Names - Indefinite Lived

 
$
11,256

 
$
—

 
$
11,256

 
$
2,509

 
$
—

 
$
2,509

Trade Names
5.3
 
280

 
(110
)
 
170

 
280

 
(78
)
 
202

Customer Relationships
5.1
 
41,332

 
(7,964
)
 
33,368

 
7,968

 
(4,515
)
 
3,453

Technology
9.0
 
27,642

 
(2,552
)
 
25,090

 
5,502

 
(918
)
 
4,584

Patents
2.2
 
10,888

 
(8,538
)
 
2,350

 
10,899

 
(7,448
)
 
3,451

Non-Compete
0.0
 
150

 
(149
)
 
1

 
150

 
(94
)
 
56

 
 
 
$
91,548

 
$
(19,313
)
 
$
72,235

 
$
27,308

 
$
(13,053
)
 
$
14,255


Intangible amortization expense was $6,466, $2,769 and $2,188 in 2014, 2013 and 2012, respectively. Estimated annual amortization expense for intangible assets with finite lives for the next five years is: $10,449 in 2015; $10,447 in 2016; $9,539 in 2017, $9,086 in 2018 and $8,521 in 2019.