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Goodwill and Other Intangible Assets (Tables) | 9 Months Ended
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Sep. 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 |
Acquisition |  | — |  |  | 466 |  |  | — |  |  | 466 |
Foreign currency translation impact |  | (208) |  |  | — |  |  | — |  |  | (208) |
Balance as of September 30, 2020 |  | $ | 14,210 |  |  | $ | 5,613 |  |  | $ | — |  |  | $ | 19,823 |
Schedule of Intangible Assets | The following table summarizes the estimates of the fair value of the goodwill and identifiable intangible assets acquired as of September 30, 2020:
|  | LarKen
Goodwill |  | $ | 466 |
Customer relationships |  | 399 |
The components of the Company’s intangible assets were as follows for the periods presented:
|  | September 30, 2020
|  | Weighted Average Amortization Period In Years |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Amount
Non-compete agreements |  | 5 |  | $ | 46 |  |  | $ | (45) |  |  | $ | 1 |
Patents |  | 10 |  | 366 |  |  | (193) |  |  | 173 |
Customer relationships |  | 18 |  | 35,725 |  |  | (14,999) |  |  | 20,726 |
Trademarks and trade names |  | 16 |  | 7,765 |  |  | (3,966) |  |  | 3,799 |
Technology |  | 14 |  | 35,667 |  |  | (22,320) |  |  | 13,347 |
|  |  |  | $ | 79,569 |  |  | $ | (41,523) |  |  | $ | 38,046 |
|  | 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 |  | 35,605 |  |  | (13,453) |  |  | 22,152 |
Trademarks and trade names |  | 16 |  | 7,787 |  |  | (3,551) |  |  | 4,236 |
Technology |  | 13 |  | 35,728 |  |  | (20,205) |  |  | 15,523 |
|  |  |  | $ | 80,769 |  |  | $ | (38,656) |  |  | $ | 42,113 |
Estimated Future Amortization | As of September 30, 2020, estimated amortization expense for the remainder of 2020 and thereafter was as follows:
| Amortization Expense
Remainder of 2020 | $ | 1,452 |
2021 | 5,780 |
2022 | 5,694 |
2023 | 5,223 |
2024 | 4,210 |
2025 and thereafter | 15,687 |
| $ | 38,046 |

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