Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2015

Goodwill and Other Intangible Assets [Abstract]

Schedule of Intangible Assets and Goodwill

Changes in the carrying values of goodwill for the three months ended March 31, 2015, were as follows (in thousands):



	T&D		Critical Power
	Solutions		Solutions		Total
	Segment		Segment		Goodwill
Balance as of December 31, 2014	$	6,029	$	3,577	$	9,606
Additions due to acquisition		1,177		-		1,177
Adjustments		-		(159)		(159)
Balance as of March 31, 2015	$	7,206	$	3,418	$	10,624

The components of intangible assets as of March 31, 2015 are summarized below (in thousands):



	Weighted Average Amortization Years	Gross Carrying Amount		Accumulated amortization		Impairment charges		Foreign currency translation		Net book value
Customer relationships	7	$	7,282	$	(1,463)	$	(214)	$	(158)	$	5,447
Non-compete agreements	6		465		(218)		-		(2)		245
Trademarks	(a)		2,113		(41)		-		(62)		2,010
Distributor territory license	4		474		(30)		-		-		444
Internally developed software	7		289		(10)		-		-		279
Technology-related industry accreditations	Indefinite		950		-		(17)		(67)		866
Total intangible assets		$	11,573	$	(1,762)	$	(231)	$	(289)	$	9,291

(a) Includes $1.8 million of trademarks with an indefinite useful life, and $0.3 million of trademarks that will be fully amortized during 2015 as a result of the Company’s decision to cease using them.