Quarterly report pursuant to sections 13 or 15(d)

Goodwill

v2.4.0.8
Goodwill
 3 Months Ended
Mar. 31, 2014
Goodwill
6. Goodwill:

The changes in the carrying amount of goodwill for the three months ended March 31, 2014 is presented below. The balance at December 31, 2013 has been retroactively increased by approximately $0.45 million as a result of the valuation adjustment described in Note 2.

 

(in thousands)

    LED Replacement
Lamps and
Fixtures		     LED Signage
and Lighting
Strips		     Total  

January 1, 2014

    $ 21,523      $ —        $     21,523   

Transfer of Relume’s Media business

      (1,453 )      1,453        —     
  

 

 

    

 

 

    

 

 

  

Balance, March 31,2014

    $ 20,070      $ 1,453      $     21,523   
  

 

 

    

 

 

    

 

 

  

Accumulated Balances:

       

Goodwill

    $ 22,059      $ 1,860      $     23,919   

Accumulated impairment losses

      (1,989 )      (407 )      (2,396 ) 
  

 

 

    

 

 

    

 

 

  

Balance, March 31, 2014

    $ 20,070      $ 1,453      $     21,523