GOODWILL AND OTHER INTANGIBLES (Tables)

3 Months Ended

Mar. 31, 2018

GOODWILL AND OTHER INTANGIBLES [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

The components of the change in goodwill are as follows:

	(in thousands)
	Carrying Amount
Balance at December 31, 2017		$	17,471
Foreign currency translation adjustment			117
Balance at March 31, 2018 (unaudited)		$	17,588

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:

	(in thousands)
	March 31, 2018			December 31, 2017
Customer-related
Costs	$	5,831		$	5,831
Accumulated amortization		(2,656	)		(2,501	)
		3,175			3,330
Patents and Technology
Costs		2,331			2,331
Accumulated amortization		(1,311	)		(1,260	)
		1,020			1,071
Software
Costs		1,947			1,819
Accumulated amortization		(1,015	)		(966	)
		932			853
	$	5,127		$	5,254

Amortization of Intangibles

Amortization of intangibles for the next five years is:

	(in thousands)
Years ending December 31,	(unaudited)
Remainder of 2018	$	803
2019		902
2020		858
2021		783
2022		464
Total	$	3,810