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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Intangible Assets and Goodwill

The changes in intangible assets and goodwill from December 31, 2014 to December 31, 2016, were as follows:

   Amortization life  Balance at      Currency  Balance at
(in thousands, except for years)  in years  December 31, 2015  Acquisition  Amortization  Translation  December 31, 2016
Amortized intangible assets:                        
   AEC trade names  15   $25   $-   ($5)  $-   $20 
   AEC technology  15   129   -   (25)  -   104 
   AEC customer contracts  6   -   20,420   (2,561)  -   17,859 
   AEC customer relationships  15   -   49,490   (2,481)  -   47,009 
   AEC other intangibles  5   -   1,720   (258)  -   1,462 
Total amortized intangible assets      $154   $71,630   ($5,330)  $-   $66,454 
                         
Unamortized intangible assets:                        
       MC Goodwill      $66,373   $-   $-   ($1,728)  $64,645 
       AEC Goodwill      -   95,730   -   -   95,730 
Total amortized intangible assets      $66,373   $95,730   $-   ($1,728)  $160,375 

 

 

   Balance at    Currency  Balance at
(in thousands)  December 31, 2014  Amortization  Translation  December 31, 2015
Amortized intangible assets:                
   AEC trade names  $29   ($4)  $-   $25 
   AEC customer contracts  202   (202)  -   - 
   AEC technology  154   (25)  -   129 
Total amortized intangible assets  $385   ($231)  $-   $154 
                 
Unamortized intangible assets:                
       Goodwill  $71,680   $-   ($5,307)  $66,373 
Schedule of Estimated Amortization Expense

Estimated amortization expense of intangibles for the years ending December 31, 2017 through 2021, is as follows:

    Annual amortization
Year   (in thousands)
2017    $7,076
2018                        7,076
2019                        7,076
2020                        7,076
2021                        6,796