GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2012

GOODWILL AND INTANGIBLE ASSETS [Abstract]

Carrying amount of goodwill by segment

Changes in the carrying amount of goodwill for the nine months ended September 30, 2012 by segment are as follows:

(thousands)	Manufacturing		Distribution		Total
Balance – January 1, 2012	$	4,214	$	105	$	4,319
Acquisitions		2,434		-		2,434
Balance – September 30, 2012	$	6,648	$	105	$	6,753

Other intangible assets, net, by major class

Other intangible assets, net consist of the following as of September 30, 2012 and December 31, 2011:

(thousands)		Sept. 30, 2012			Dec. 31, 2011
Trademarks	$	3,094		$	2,089
Customer relationships		11,308			10,268
Non-compete agreements		1,616			904
		16,018			13,261
Less: accumulated amortization		(2,738	)		(1,746	)
Other intangible assets, net	$	13,280		$	11,515

Other intangible assets by segment

Changes in the carrying value of other intangible assets for the nine months ended September 30, 2012 by segment are as follows:

(thousands)	Manufacturing			Distribution			Total
Balance – January 1, 2012	$	10,583		$	932		$	11,515
Acquisition		2,420			337			2,757
Amortization		(778	)		(214	)		(992	)
Balance – September 30, 2012	$	12,225		$	1,055		$	13,280