XML 36 R25.htm IDEA: XBRL DOCUMENT v3.20.2
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Change in Carrying Amount of Goodwill

The change in the carrying amount of goodwill for the nine months ended September 30, 2020 is summarized as follows (in thousands):

 

 

Total

 

Balance at December 31, 2019

$

243,895

 

Translation adjustments

 

1,095

 

Balance at September 30, 2020

$

244,990

 

Summary of Carrying Values of Finite-Lived Intangible Assets

The carrying values of finite-lived intangible assets are as follows (in thousands):

 

 

September 30, 2020

 

 

Gross

 

 

 

 

 

 

Net

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Amount

 

 

Amortization

 

 

Amount

 

Amortizable intangible assets

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

$

109,977

 

 

$

46,699

 

 

$

63,278

 

Technology

 

16,815

 

 

 

9,326

 

 

 

7,489

 

Backlog

 

13,000

 

 

 

11,375

 

 

 

1,625

 

Trademarks

 

12,474

 

 

 

1,480

 

 

 

10,994

 

Total

$

152,266

 

 

$

68,880

 

 

$

83,386

 

 

 

December 31, 2019

 

 

Gross

 

 

 

 

 

 

Net

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Amount

 

 

Amortization

 

 

Amount

 

Amortizable intangible assets

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

$

109,825

 

 

$

40,169

 

 

$

69,656

 

Technology

 

16,661

 

 

 

7,051

 

 

 

9,610

 

Backlog

 

13,000

 

 

 

6,500

 

 

 

6,500

 

Trademarks

 

12,451

 

 

 

854

 

 

 

11,597

 

Total

$

151,937

 

 

$

54,574

 

 

$

97,363

 

Summary of Estimated Intangible Assets Amortization Expense

 

Estimated intangible asset amortization expense for each of the five succeeding years is as follows (in thousands):

 

2020 (remainder)

$

4,720

 

2021

 

12,380

 

2022

 

11,042

 

2023

 

10,862

 

2024

 

9,751

 

Thereafter

 

34,631

 

Total

$

83,386