GOODWILL AND OTHER INTANGIBLES (Tables)

12 Months Ended

Dec. 31, 2017

GOODWILL AND OTHER INTANGIBLES [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill are as follows:

	(in thousands)
	Carrying amount for the year ended
	December 31, 2017		December 31, 2016
Beginning of year	$	17,280	$	17,484
Foreign currency translation adjustment		191		(204	)
End of year	$	17,471	$	17,280

Schedule of Other Intangible Assets

The Company’s other intangible assets consist of capitalized customer-related intangibles, patent and technology costs, and software costs, as set forth in the following table:

	(in thousands)
	December 31, 2017			December 31, 2016
Customer-related
Costs	$	5,831		$	5,831
Accumulated amortization		(2,501	)		(1,768	)
		3,330			4,063
Patents and Technology
Costs		2,331			2,363
Accumulated amortization		(1,260	)		(1,061	)
		1,071			1,302
Software
Costs		1,819			1,394
Accumulated amortization		(966	)		(763	)
		853			631
	$	5,254		$	5,996

Amortization of Intangibles

Amortization of intangibles for the next five years is:

	(in thousands)
Years ending December 31,
2018	$	1,035
2019		913
2020		829
2021		751
2022		452
Total	$	3,980