Annual report pursuant to section 13 and 15(d)

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

v2.4.0.6
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2012
GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]  
Schedule of Goodwill [Table Text Block]
Goodwill (amounts in thousands)(1)
 
Treatment
    
Services
    
Total
  
Balance as of December 31, 2010
   $ 14,000     $ 1,330     $ 15,330  
Goodwill recorded in connection with PFNWR Earn-Out
     840       ¾       840  
Goodwill recorded in connection with SEC Acqusition
     ¾       13,016       13,016  
Reassignment of goodwill from change in reporting unit
     (1,149 )     1,149       ¾  
Balance as of December 31, 2011
     13,691       15,495       29,186  
Balance as of December 31, 2012
   $ 13,691     $ 15,495     $ 29,186  
(1)
No impairment losses have been recorded.
Roll Forward of Permit
The following table summarizes changes in the carrying amount of permits. No permit exists at our Services Segment. The Company currently has only one definite-lived permit, which is at our DSSI facility. This permit of approximately $545,000 was capitalized in 2009 in connection with the authorization issued by the U.S. EPA to our DSSI facility to commercially store and dispose of radioactive PCBs. This permit is being amortized over a ten year period in accordance with its estimated useful life.
 
 
Permit (amount in thousands)
  
Treatment
  
Balance as of December 31, 2010
   $ 16,863  
PCB permit amortized
     (55 )
Permits in progress
     46  
Balance as of December 31, 2011
     16,854  
PCB permit amortized
     (55 )
Balance as of December 31, 2012
   $ 16,799  

Other intangible assets
The following table summarizes information relating to the Company's other intangible assets:

         
December 31, 2012
          
December 31, 2011
        
   
Useful
    
Gross
          
Net
    
Gross
          
Net
  
   
Lives
    
Carrying
    
Accumulated
    
Carrying
    
Carrying
    
Accumulated
    
Carrying
  
   
(Years)
    
Amount
    
Amortization
    
Amount
    
Amount
    
Amortization
    
Amount
  
Intangibles (amount in thousands)
                                          
Patent
     8-18     $ 453     $ (105 )   $ 348     $ 402     $ (77 )   $ 325  
Software
     3       380       (145 )     235       158       (66 )     92  
Non-compete agreement
     5       265       (62 )     203       265       (9 )     256  
Customer contracts
     0.5       565       (565 )     ¾       790       (230 )     560  
Customer relationships
     12       3,370       (546 )     2,824       3,370       (86 )     3,284  
Total
           $ 5,033     $ (1,423 )   $ 3,610     $ 4,985     $ (468 )   $ 4,517  
Summary of expected amortization over next five years
The following table summarizes the expected amortization over the next five years for our definite-lived intangible assets noted above and also includes the only one definite-lived permit, which is at our DSSI facility:

   
Amount
  
Year
  
(In thousands)
  
       
2013
   $ 645  
2014
     602  
2015
     506  
2016
     429  
2017
     354  
    $ 2,536