Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

v3.8.0.1
GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
3 Months Ended
Mar. 31, 2018
GOODWILL AND INTANGIBLE ASSETS, NET [Abstract]  
Summary of Intangible Assets by Major Class
The following tables summarize the gross carrying amounts and accumulated amortization of intangible assets by major class (in thousands):

   
March 31, 2018
 
 
Intangible assets subject to amortization (Definite-lived)
 
Gross
   
Accumulated
Amortization
   
Net
 
Customer relationships
 
$
16,852
   
$
(3,932
)
 
$
12,920
 
Non-compete agreements
   
94
     
(66
)
   
28
 
Licenses and permits
   
1,471
     
(416
)
   
1,055
 
Developed technology
   
6,131
     
(2,146
)
   
3,985
 
     
24,548
     
(6,560
)
   
17,988
 
Intangible assets not subject to amortization (Indefinite-lived)
                       
Emissions Allowance
   
197
     
-
     
197
 
Trade name
   
2,158
     
-
     
2,158
 
Total
 
$
26,903
   
$
(6,560
)
 
$
20,343
 

   
December 31, 2017
 
 
Intangible assets subject to amortization (Definite-lived)
 
Gross
   
Accumulated
Amortization
   
Net
 
Customer relationships
 
$
16,852
   
$
(3,651
)
 
$
13,201
 
Non-compete agreements
   
94
     
(61
)
   
33
 
Licenses and permits
   
1,471
     
(390
)
   
1,081
 
Developed technology
   
6,131
     
(1,993
)
   
4,138
 
     
24,548
     
(6,095
)
   
18,453
 
Intangible assets not subject to amortization (Indefinite-lived)
                       
Emissions Allowance
   
197
     
-
     
197
 
Trade name
   
2,158
     
-
     
2,158
 
Total
 
$
26,903
   
$
(6,095
)
 
$
20,808
 
Estimated Amortization Expenses for Succeeding Five Fiscal Years
Based on identified intangible assets that are subject to amortization as of March 31, 2018, we expect future amortization expenses for each period to be as follows (in thousands):

   
Total
   
Remainder of 2018
   
2019
   
2020
   
2021
   
2022
   
2023
   
Thereafter
 
Customer relationships
 
$
12,920
   
$
843
   
$
1,123
   
$
1,123
     
1,123
     
1,123
     
1,123
   
$
6,462
 
Non-compete agreements
   
28
     
14
     
14
     
-
     
-
     
-
     
-
     
-
 
Licenses and permits
   
1,055
     
79
     
106
     
106
     
101
     
86
     
86
     
491
 
Developed technology
   
3,985
     
460
     
613
     
613
     
613
     
613
     
613
     
460
 
Total future amortization expense
 
$
17,988
   
$
1,396
   
$
1,856
   
$
1,842
   
$
1,837
   
$
1,822
   
$
1,822
   
$
7,413