GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
|
9 Months Ended |
Sep. 30, 2018 |
|---|
| Goodwill and Intangible Assets Disclosure [Abstract] |
|
| Summary of Finite-Lived Intangible Assets by Major Class |
The following tables summarize the gross carrying amounts and accumulated amortization of intangible assets by major class:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
September 30, 2018 |
|
|
Gross |
|
Accumulated
Amortization
|
|
Net |
Intangible assets subject to amortization (Definite-lived) |
|
(thousands of dollars) |
Customer relationships |
|
$ |
16,852 |
|
|
$ |
(4,494 |
) |
|
$ |
12,358 |
|
Non-compete agreements |
|
94 |
|
|
(75 |
) |
|
19 |
|
Licenses and permits |
|
1,471 |
|
|
(469 |
) |
|
1,002 |
|
Developed technology |
|
6,131 |
|
|
(2,453 |
) |
|
3,678 |
|
|
|
24,548 |
|
|
(7,491 |
) |
|
17,057 |
|
Intangible assets not subject to amortization (Indefinite-lived) |
|
|
|
|
|
|
Emissions Allowance |
|
197 |
|
|
— |
|
|
197 |
|
Trade name |
|
2,158 |
|
|
— |
|
|
2,158 |
|
Total |
|
$ |
26,903 |
|
|
$ |
(7,491 |
) |
|
$ |
19,412 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2017 |
|
|
Gross |
|
Accumulated
Amortization
|
|
Net |
Intangible assets subject to amortization (Definite-lived) |
|
(thousands of dollars) |
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 |
|
|
| Summary of Indefinite-Lived Intangible Assets by Major Class |
The following tables summarize the gross carrying amounts and accumulated amortization of intangible assets by major class:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
September 30, 2018 |
|
|
Gross |
|
Accumulated
Amortization
|
|
Net |
Intangible assets subject to amortization (Definite-lived) |
|
(thousands of dollars) |
Customer relationships |
|
$ |
16,852 |
|
|
$ |
(4,494 |
) |
|
$ |
12,358 |
|
Non-compete agreements |
|
94 |
|
|
(75 |
) |
|
19 |
|
Licenses and permits |
|
1,471 |
|
|
(469 |
) |
|
1,002 |
|
Developed technology |
|
6,131 |
|
|
(2,453 |
) |
|
3,678 |
|
|
|
24,548 |
|
|
(7,491 |
) |
|
17,057 |
|
Intangible assets not subject to amortization (Indefinite-lived) |
|
|
|
|
|
|
Emissions Allowance |
|
197 |
|
|
— |
|
|
197 |
|
Trade name |
|
2,158 |
|
|
— |
|
|
2,158 |
|
Total |
|
$ |
26,903 |
|
|
$ |
(7,491 |
) |
|
$ |
19,412 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2017 |
|
|
Gross |
|
Accumulated
Amortization
|
|
Net |
Intangible assets subject to amortization (Definite-lived) |
|
(thousands of dollars) |
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 September 30, 2018, we expect future amortization expenses for each period to be as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
Remainder of 2018 |
|
|
2019 |
|
|
2020 |
|
|
2021 |
|
|
2022 |
|
|
2023 |
|
|
Thereafter |
|
|
|
(thousands of dollars) |
Customer relationships |
|
$ |
12,358 |
|
|
$ |
281 |
|
|
$ |
1,123 |
|
|
$ |
1,123 |
|
|
1,123 |
|
|
1,123 |
|
|
1,123 |
|
|
$ |
6,462 |
|
Non-compete agreements |
|
19 |
|
|
5 |
|
|
14 |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Licenses and permits |
|
1,002 |
|
|
26 |
|
|
106 |
|
|
106 |
|
|
101 |
|
|
86 |
|
|
86 |
|
|
491 |
|
Developed technology |
|
3,678 |
|
|
153 |
|
|
613 |
|
|
613 |
|
|
613 |
|
|
613 |
|
|
613 |
|
|
460 |
|
Total future amortization expense |
|
$ |
17,057 |
|
|
$ |
465 |
|
|
$ |
1,856 |
|
|
$ |
1,842 |
|
|
$ |
1,837 |
|
|
$ |
1,822 |
|
|
$ |
1,822 |
|
|
$ |
7,413 |
|
|