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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The change in the carrying amount of goodwill by segment is as follows (in thousands):
 
Total
 
Weighing and Control Systems Segment
 
Foil Technology Products Segment
 
 
 
KELK Acquisition
 
Stress-Tek Acquisition
 
Pacific Instruments
Balance at January 1, 2017
18,717

 
6,364

 
6,311

 
6,042

Foreign currency translation adjustment
464

 
464

 

 

Balance at December 31, 2017
19,181

 
6,828

 
6,311

 
6,042

Impairment charges
(2,500
)
 

 

 
(2,500
)
Foreign currency translation adjustment
(540
)
 
(540
)
 

 

Balance at December 31, 2018
16,141

 
6,288

 
6,311

 
3,542

Schedule of Finite-Lived Intangible Assets
Intangible assets were as follows (in thousands):
 
December 31,
 
2018
 
2017
Intangible assets subject to amortization
 
 
 
(Definite-lived):
 
 
 
Patents and acquired technology
$
9,067

 
$
9,439

Customer relationships
20,941

 
21,810

Trade names
1,674

 
1,693

Non-competition agreements
11,820

 
12,084

 
43,502

 
45,026

Accumulated amortization:
 
 
 
Patents and acquired technology
(4,103
)
 
(3,839
)
Customer relationships
(10,399
)
 
(9,657
)
Trade names
(1,674
)
 
(1,688
)
Non-competition agreements
(11,748
)
 
(11,850
)
 
(27,924
)
 
(27,034
)
Net intangible assets subject to amortization
$
15,578

 
$
17,992

 
 
 
 
Intangible assets not subject to amortization
 
 
 
(Indefinite-lived):
 
 
 
Trade names
2,078

 
2,483


$
17,656

 
$
20,475

Schedule of Expected Amortization Expense
Estimated annual amortization expense for each of the next five years is as follows (in thousands):
2019
$
1,530

2020
1,499

2021
1,450

2022
1,449

2023
1,349