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Other Assets
 12 Months Ended
Dec. 31, 2012
Other Assets [Abstract]  
Other Assets
(12) Other Assets

Other assets consist of the following (in thousands):

 

                 
    December 31,  
    2012     2011  
     

Intangible assets:

                

Gross carrying value:

                

Industrial Group

   $ 800     $ 800  

Electronics Group

     0       0  
   

 

 

    

 

 

  

Total gross carrying value

     800       800  

Accumulated amortization:

                

Industrial Group

     (770 )      (681 ) 

Electronics Group

     0       0  
   

 

 

    

 

 

  

Total accumulated amortization

     (770 )      (681 ) 
   

 

 

    

 

 

  
     

Intangible assets, net

     30       119  

Deferred tax assets, net

     3,277       4,482  

Deferred pre-contract costs

     0       1,113  

Other

     1,613       1,486  
   

 

 

    

 

 

  
     
    $ 4,920     $ 7,200  
   

 

 

    

 

 

  

Intangible assets at December 31, 2012 and 2011 consists of a long-term supply agreement in the Industrial Group. The weighted average amortization period for intangible assets was 9 years at December 31, 2012 and 2011, respectively. Deferred tax assets, net relate to the Company’s Mexico operations and resulted primarily from deferred revenue related to the Dana settlement agreement. Other assets at December 31, 2012 and 2011 includes unamortized loan costs of approximately $265,000 and $343,000, respectively. Amortization expense for intangible assets is expected to be $30,000 in the fiscal year ended December 31, 2013, at which point the assets will be fully amortized.