Goodwill and Other Intangible Assets, net (Tables)

6 Months Ended

Jun. 30, 2014

Goodwill and Other Intangible Assets, net [Abstract]

Goodwill Acquired

The purchase price intrinsically recognizes the benefits of leveraging under-utilized clinics by establishing XTRAC centers of excellence in key markets.

	Goodwill		Trademarks
Balance at January 1, 2014	$	24,930	$	-
Additions for LCA-Vision acquisition		49,582		29,850
Translation differences		498		-
Balance at June 30, 2014	$	75,010	$	29,850

Other Definite-lived Intangible Assets

Set forth below is a detailed listing of other definite-lived intangible assets:

	June 30, 2014
	(unaudited)
	Trademarks			Customer Relationships			Managed Care Network			Total
Gross Amount beginning of period	$	5,772		$	6,417		$	-		$	12,189
Additions		-			-			9,200			9,200
Translation differences		46			72			-			118
Gross Amount end of period		5,818			6,489			9,200			21,507
Accumulated amortization		(1,479	)		(1,649	)		(144	)		(3,272	)
Net Book Value	$	4,339		$	4,840		$	9,056		$	18,235

	December 31, 2013
	Trademarks			Customer Relationships			Managed Care Network		Total
Gross Amount beginning of period	$	5,744		$	6,372		$	-	$	12,116
Translation differences		28			45			-		73
Gross Amount end of period		5772			6,417			-		12,189
Accumulated amortization		(1,178	)		(1,310	)		-		(2,488	)
Net Book Value	$	4,594		$	5,107		$	-	$	9,701

Estimated Amortization Expense for Amortizable Intangible Assets

Estimated amortization expense for the above amortizable intangible assets for the next five years is as follows:

Last six months of 2014	$	1,175
2015		2,350
2016		2,350
2017		2,350
2018		2,350
Thereafter		7,660
Total	$	18,235