(12)

Other Assets

Other assets consist of the following (in thousands):


	December 31,
	2011			2010

Intangible assets:
Gross carrying value:
Industrial Group	$	800		$	800
Electronics Group		—			125

Total gross carrying value		800			925
Accumulated amortization:
Industrial Group		(681	)		(593	)
Electronics Group		—			(110	)

Total accumulated amortization		(681	)		(703	)


Intangible assets, net		119			222
Deferred tax assets, net		4,482			4,854
Deferred pre-contract costs		1,113			—
Other		1,486			2,119


	$	7,200		$	7,195

Intangible assets at December 31, 2011 consists of a long-term supply agreement in the Industrial Group. Intangible assets at December 31, 2010 also included software rights in the Electronics Group. The weighted average amortization period for intangible assets was 9 and 8 years at December 31, 2011 and 2010, respectively. Deferred tax assets, net relate to the Company's Mexico operations and resulted primarily from deferred revenue related to the DHC settlement agreement. Other assets at December 31, 2011 and 2010 includes unamortized loan costs of approximately $343,000 and $405,000, respectively. Amortization expense for intangible assets is expected to be $89,000 and $30,000 in each of the two fiscal years subsequent to December 31, 2011, respectively, at which point the assets will be fully amortized.