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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill

Changes in the carrying values of goodwill for the nine months ended September 30, 2016, were as follows (in thousands):

 

    T&D
Solutions
Segment
    Critical Power
Solutions
Segment
    Total
Goodwill
 
Gross Goodwill:                        
Balance as of January 1, 2016   $ 8,075     $ 2,969     $ 11,044  
Adjustments     (96 )           (96 )
Balance as of September 30, 2016   $ 7,979     $ 2,969     $ 10,948  
Accumulated impairment losses:                        
Balance as of January 1, 2016   $ (976 )   $     $ (976 )
Net Goodwill   $ 7,003     $ 2,969     $ 9,972  

  

Schedule of intangible assets

Changes in the carrying values of intangible assets for the nine months ended September 30, 2016, were as follows (in thousands):

 

    T&D
Solutions
Segment
    Critical Power
Solutions
Segment
    Total
Intangible
Assets
 
Balance as of January 1, 2016     6,112       3,843       9,956  
Adjustments     62             62  
Amortization     (379 )     (930 )     (1,309 )
Foreign currency translation     8             8  
Balance as of September 30, 2016   $ 5,803     $ 2,913     $ 8,717  

  

Schedule of components Intangible Assets

The components of intangible assets as of September 30, 2016 are summarized below (in thousands):

 

    Weighted Average Amortization Years   Gross Carrying Amount     Accumulated Amortization     Foreign Currency Translation     Net Book Value  
Customer relationships     7     $ 7,201     $ (3,228 )   $     $ 3,973  
Non-compete agreements     6       715       (367 )     2       350  
Trademarks     (a)       2,061       (231 )     10       1,840  
Distributor territory license     4       474       (207 )           267  
Internally developed software     7       289       (72 )           217  
Developed technology     10       492       (87 )           405  
Technology-related industry accreditations     Indefinite       1,664             1       1,665  
Total intangible assets           $ 12,896     $ (4,192 )   $ 13     $ 8,717  

  

(a) Includes $1.8 million of trademarks with an indefinite useful life.