XML 96 R17.htm IDEA: XBRL DOCUMENT
v2.4.0.6

GOODWILL AND INTANGIBLE ASSETS | 12 Months Ended
--- | ---
Dec. 31, 2012
GOODWILL AND INTANGIBLE ASSETS [Abstract] |
Goodwill and Intangible Assets Disclosure [Text Block] | GOODWILL AND INTANGIBLE ASSETS (a) Goodwill The changes in the carrying amounts of goodwill by segment from December 31, 2010 to December 31, 2012 were as follows:
|  | Energy & Security Sonar Solutions segment |  | GridSense segment |  | USSI segment |  | Power Generation Monitoring segment |  | Cathodic Protection segment* |  | Total
Balance as of December 31, 2010 |  | $ | 568 |  |  | $ | 2,709 |  |  | $ | 1,402 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,679 |
Translation adjustment |  | (41 | ) |  | (1 | ) |  | — |  |  | — |  |  | — |  |  | (42 | )
Balance as of December 31, 2011 |  | 527 |  |  | 2,708 |  |  | 1,402 |  |  | — |  |  | — |  |  | 4,637 |
Goodwill recorded in the acquisition of OmniMetrix (see Note 3(a)) |  | — |  |  | — |  |  | — |  |  | 1,517 |  |  | 413 |  |  | 1,930 |
Translation adjustment |  | 14 |  |  | 49 |  |  | — |  |  | — |  |  | — |  |  | 63 |
Balance as of December 31, 2012 |  | $ | 541 |  |  | $ | 2,757 |  |  | $ | 1,402 |  |  | $ | 1,517 |  |  | $ | 413 |  |  | $ | 6,630 |
* Results for the Cathodic Protection segment are included in "Other" in Segment Reporting (see Note 20). As required, the Company performs an annual impairment test of recorded goodwill (during the fourth quarter of each year), or more frequently if impairment indicators or triggering events are present. In September 2011, the FASB issued guidance that simplified how entities test for goodwill impairment. This guidance permits entities to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform a two-step goodwill impairment test. We early adopted this guidance for our annual goodwill impairment test that was conducted in the fourth quarter of 2011. In 2010, when performing the two-step goodwill impairment test, the fair value of the goodwill of each segment was determined by using a discounted cash flow methodology based on projections of the amounts and timing of future revenues and cash flows, assumed discount rates and other assumptions as deemed appropriate. In 2010, as a result of the annual impairment test of the goodwill recorded with respect to the Company’s GridSense reporting unit, the Company recorded a goodwill impairment charge of $1,166. The impairment test was based upon expected discounted cash flows from the Company’s GridSense reporting unit, using Level 3 inputs. In performing the 2011 goodwill impairment test for each of our reporting units, we assessed the relevant qualitative factors and concluded that it is more likely than not that the fair values of our reporting units are greater than their carrying amounts. After reaching this conclusion, no further testing was performed. The qualitative factors we considered included, but were not limited to, general economic conditions, industry and market conditions, pipeline and backlog, our recent and forecasted financial performance and the price of the Company's common stock. In performing the 2012 goodwill impairment test for the Company's Energy & Security Sonar Solutions, USSI, Power Generator Monitoring and Cathodic Protection reporting units, the Company assessed the relevant qualitative factors and concluded that it is more likely than not that the fair values of our reporting units are greater than their carrying amounts. After reaching this conclusion, no further testing was performed. The qualitative factors considered included, but were not limited to, general economic conditions, industry and market conditions, pipeline and backlog, our recent and forecasted financial performance and the price of the Company's common stock. With respect to the Company's GridSense reporting unit, the Company evaluated its goodwill for impairment and determined that the fair value of this reporting unit exceeded its carrying value. The estimated fair value of the GridSense reporting unit used in the analysis exceeded its carrying values by approximately approximately $1,100 or 17%. Should certain assumptions used in the development of the fair values of our reporting unit change in the coming quarters, the Company may be required to recognize future goodwill impairments. (b) Intangibles The changes in the carrying amounts of and accumulated amortization of intangible assets from December 31, 2010 to December 31, 2012 were as follows:
|  | Energy & Security Sonar Solutions segment |  | GridSense segment |  | USSI segment |  | Power Generation Monitoring segment |  | Cathodic Protection segment** |  |
|  | Cost |  | A.A.* |  | Cost |  | A.A.* |  | Cost |  | A.A.* |  | Cost |  | A.A.* |  | Cost |  | A.A.* |  | Total
Balance as of December 31, 2010 |  | $ | 560 |  |  | $ | (207 | ) |  | $ | 2,747 |  |  | $ | (219 | ) |  | $ | 2,565 |  |  | $ | (107 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 5,339 |
Amortization |  | — |  |  | (81 | ) |  | — |  |  | (323 | ) |  | — |  |  | (128 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (532 | )
Cumulative translation adjustment |  | (41 | ) |  | 14 |  |  | 1 |  |  | (1 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (27 | )
Balance as of December 31, 2011 |  | 519 |  |  | (274 | ) |  | 2,748 |  |  | (543 | ) |  | 2,565 |  |  | (235 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | 4,780 |
Acquisition of license (see Note 15(c)) |  | — |  |  | — |  |  | — |  |  | — |  |  | 150 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 150 |
Intangibles recorded in the acquisition of OmniMetrix (see Note 3(a)) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 4,385 |  |  | — |  |  | 1,196 |  |  | — |  |  | 5,581 |
Amortization |  | — |  |  | (81 | ) |  | — |  |  | (324 | ) |  | — |  |  | (145 | ) |  | — |  |  | (309 | ) |  | — |  |  | (118 | ) |  | (977 | )
Cumulative translation adjustment |  | 13 |  |  | (9 | ) |  | 29 |  |  | (6 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 27 |
Balance as of December 31, 2012 |  | $ | 532 |  |  | $ | (364 | ) |  | $ | 2,777 |  |  | $ | (873 | ) |  | $ | 2,715 |  |  | $ | (380 | ) |  | $ | 4,385 |  |  | $ | (309 | ) |  | $ | 1,196 |  |  | $ | (118 | ) |  | $ | 9,561 |
Weighted average estimated useful lives in years |  | 6 |  | 10 |  | 20 |  | 13 |  | 9 |  |
* Accumulated amortization ** Results for the Cathodic Protection segment are included in "Other" in Segment Reporting (see Note 20). The composition of intangibles in each of the Company's segments are as follows:
Segment |  | Type of Intangible
Energy & Security Sonar Solutions |  | Naval technologies
GridSense |  | Software and customer relationships
USSI |  | Sensor technologies and license
Power Generation Monitoring |  | Technologies, customer relationships and non-compete agreements
Cathodic Protection* |  | Technologies and customer relationships
* The Cathodic Protection segment is included in "Other" in Segment Reporting (see Note 20). Amortization in respect of intangible assets amounted to $1,246, $939 and $977 for 2010, 2011 and 2012, respectively (such amortization includes amounts associated with discontinued operations of $862 and $407 for 2010 and 2011, respectively). Amortization expense with respect to intangible assets is estimated to be $993, $977, $865, $854 and $854 for each of the years ending December 31, 2013 through 2017.

X
- Details
Name: | acfn_GoodwillAndIntangibleAssetsAbstract
Namespace Prefix: | acfn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16373-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16265-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16323-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 42, 43, 44, 45, 46, 47 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13854-109267 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration