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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
The change in goodwill

The change in the carrying amount of goodwill for the years ended December 31, 2016 and 2015 is as follows:

 

 

 

Distribution

 

 

Material

Handling

 

 

Total

 

January 1, 2015

 

$

505

 

 

$

66,134

 

 

$

66,639

 

Measurement period adjustments

 

 

 

 

 

(300

)

 

 

(300

)

Foreign currency translation

 

 

 

 

 

(2,304

)

 

 

(2,304

)

December 31, 2015

 

$

505

 

 

$

63,530

 

 

$

64,035

 

Foreign currency translation

 

 

 

 

 

860

 

 

 

860

 

Impairment charges

 

 

 

 

 

(5,676

)

 

 

(5,676

)

December 31, 2016

 

$

505

 

 

$

58,714

 

 

$

59,219

 

 

Intangible assets

Intangible assets at December 31, 2016 and 2015 consisted of the following:

 

 

 

 

 

 

2016

 

 

2015

 

 

 

Weighted

Average Remaining Useful

Life (years)

 

 

Gross

 

 

Accumulated

Amortization

 

 

Net

 

 

Gross

 

 

Accumulated

Amortization

 

 

Net

 

Trade Names - Indefinite Lived

 

 

 

 

 

$

10,878

 

 

$

 

 

$

10,878

 

 

$

10,859

 

 

$

 

 

$

10,859

 

Trade Names

 

 

8.5

 

 

 

80

 

 

 

(34

)

 

 

46

 

 

 

280

 

 

 

(142

)

 

 

138

 

Customer Relationships

 

 

2.8

 

 

 

39,774

 

 

 

(21,127

)

 

 

18,647

 

 

 

40,427

 

 

 

(16,165

)

 

 

24,262

 

Technology

 

 

7.2

 

 

 

25,760

 

 

 

(7,519

)

 

 

18,241

 

 

 

27,177

 

 

 

(5,166

)

 

 

22,011

 

Patents

 

 

0.2

 

 

 

11,724

 

 

 

(11,542

)

 

 

182

 

 

 

11,724

 

 

 

(10,464

)

 

 

1,260

 

 

 

 

 

 

 

$

88,216

 

 

$

(40,222

)

 

$

47,994

 

 

$

90,467

 

 

$

(31,937

)

 

$

58,530