Goodwill and Other Intangible Assets, net (Tables)

9 Months Ended

Sep. 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			Indefinite -lived Trademarks
Balance at January 1, 2014	$	24,930		$	-
Additions for LCA-Vision acquisition		49,582			29,850
Translation differences		(230	)		-
Balance at September 30, 2014	$	74,282		$	29,850

Other Definite-lived Intangible Assets

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

	September 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		(22	)		(33	)		-			(55	)
Gross Amount end of period		5,750			6,384			9,200			21,334
Accumulated amortization		(1,606	)		(1,782	)		(431	)		(3,819	)
Net Book Value	$	4,144		$	4,602		$	8,769		$	17,515

	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 three months of 2014	$	587
2015		2,350
2016		2,350
2017		2,350
2018		2,350
Thereafter		7,528
Total	$	17,515