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Goodwill and Other Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The following table presents the goodwill balance by reportable segment:
|  | Rail Products and Services |  | Construction Products |  | Tubular and Energy Services |  | Total
Balance as of December 31, 2019 |  | $ | 14,418 |  |  | $ | 5,147 |  |  | $ | — |  |  | $ | 19,565 |
Foreign currency translation impact |  | (591) |  |  | — |  |  | — |  |  | (591) |
Balance as of June 30, 2020 |  | $ | 13,827 |  |  | $ | 5,147 |  |  | $ | — |  |  | $ | 18,974 |
Schedule of Intangible Assets | The components of the Company’s intangible assets were as follows:
|  | June 30, 2020 |  |  |  |  |  |
|  | Weighted Average Amortization Period In Years |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Amount
Non-compete agreements |  | 5 |  | $ | 44 |  |  | $ | (41) |  |  | $ | 3 |
Patents |  | 10 |  | 358 |  |  | (186) |  |  | 172 |
Customer relationships |  | 18 |  | 36,829 |  |  | (14,791) |  |  | 22,038 |
Trademarks and trade names |  | 16 |  | 7,734 |  |  | (3,807) |  |  | 3,927 |
Technology |  | 14 |  | 35,563 |  |  | (21,545) |  |  | 14,018 |
|  |  |  | $ | 80,528 |  |  | $ | (40,370) |  |  | $ | 40,158 |
|  | December 31, 2019 |  |  |  |  |  |
|  | Weighted Average Amortization Period In Years |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Amount
Non-compete agreements |  | 4 |  | $ | 1,272 |  |  | $ | (1,259) |  |  | $ | 13 |
Patents |  | 10 |  | 377 |  |  | (188) |  |  | 189 |
Customer relationships |  | 18 |  | 37,498 |  |  | (13,945) |  |  | 23,553 |
Trademarks and trade names |  | 16 |  | 7,787 |  |  | (3,551) |  |  | 4,236 |
Technology |  | 13 |  | 35,728 |  |  | (20,205) |  |  | 15,523 |
|  |  |  | $ | 82,662 |  |  | $ | (39,148) |  |  | $ | 43,514 |
Estimated Future Amortization | As of June 30, 2020, estimated amortization expense for the remainder of 2020 and thereafter was as follows:
| Amortization Expense
Remainder of 2020 | $ | 2,907 |
2021 | 5,784 |
2022 | 5,700 |
2023 | 5,229 |
2024 | 4,209 |
2025 and thereafter | 16,329 |
| $ | 40,158 |

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