Annual report pursuant to section 13 and 15(d)

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

v2.4.0.8
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2012
GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]  
Schedule of Goodwill

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