GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2012

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

Intangible assets and goodwill acquired in various acquisitions

In 2011 and 2012, the Company acquired the following intangible assets in various acquisitions that were determined to be business combinations. The goodwill recognized is expected to be deductible for income tax purposes.  See Note 4 for further details.

(thousands)	Praxis		AIA		Infinity Graphics		Decor		Gustafson		Creative Wood		Middlebury Hardwoods
Customer relationships	$	399	$	2,751	$	186	$	655	$	178	$	207	$	5,920
Non-compete agreements		30		312		76		384		16		312		140
Trademarks		-		641		48		624		143		238		410
Total other intangible assets		429		3,704		310		1,663		337		757		6,470
Goodwill		-		1,163		190		1,440		-		994		3,609
Total intangible assets	$	429	$	4,867	$	500	$	3,103	$	337	$	1,751	$	10,079

Carrying amount of goodwill by segment

Changes in the carrying amount of goodwill for the years ended December 31, 2012 and 2011 by segment are as follows:

(thousands)	Manufacturing		Distribution		Total
Balance – January 1, 2011	$	2,861	$	105	$	2,966
Acquisitions		1,353		-		1,353
Balance – December 31, 2011		4,214		105		4,319
Acquisitions		6,043		-		6,043
Balance – December 31, 2012	$	10,257	$	105	$	10,362

Other intangible assets, net, by major class

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

(thousands)	2012			2011
Trademarks	$	3,504		$	2,089
Customer relationships		17,228			10,268
Non-compete agreements		1,756			904
		22,488			13,261
Less: accumulated amortization		(3,269	)		(1,746	)
Other intangible assets, net	$	19,219		$	11,515

Other intangible assets by segment

Changes in the carrying value of other intangible assets for the years ended December 31, 2012 and 2011 by segment are as follows:

(thousands)	Manufacturing			Distribution			Total
Balance - January 1, 2011	$	7,167		$	734		$	7,901
Acquisitions		4,014			429			4,443
Amortization		(598	)		(231	)		(829	)
Balance - December 31, 2011		10,583			932			11,515
Acquisitions		8,890			337			9,227
Amortization		(1,231	)		(292	)		(1,523	)
Balance - December 31, 2012	$	18,242		$	977		$	19,219