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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill / Tradename

 

(Table only in thousands)

 

Six months ended

June 30, 2016

 

 

Year ended

December 31, 2015

 

Goodwill / Tradename

 

Goodwill

 

 

Tradename

 

 

Goodwill

 

 

Tradename

 

Beginning balance

 

$

220,163

 

 

$

26,337

 

 

$

165,861

 

 

$

19,766

 

Acquisitions and related adjustments

 

 

365

 

 

 

 

 

 

55,655

 

 

 

10,280

 

Impairment

 

 

 

 

 

 

 

 

 

 

 

(3,340

)

Foreign currency translation

 

 

147

 

 

 

39

 

 

 

(1,353

)

 

 

(369

)

 

 

$

220,675

 

 

$

26,376

 

 

$

220,163

 

 

$

26,337

 

 

Intangible Assets - Finite Life

 

(Table only in thousands)

 

As of  June 30, 2016

 

 

As of  December 31, 2015

 

Intangible assets – finite life

 

Cost

 

 

Accum.

Amort.

 

 

Cost

 

 

Accum.

Amort.

 

Patents

 

$

1,439

 

 

$

1,439

 

 

$

1,456

 

 

$

1,456

 

Employment agreements

 

 

733

 

 

 

733

 

 

 

733

 

 

 

677

 

Technology

 

 

15,867

 

 

 

5,232

 

 

 

15,867

 

 

 

4,027

 

Customer lists

 

 

77,497

 

 

 

21,854

 

 

 

77,497

 

 

 

17,756

 

Noncompetition agreements

 

 

1,118

 

 

 

368

 

 

 

1,118

 

 

 

257

 

Tradename

 

 

1,390

 

 

 

232

 

 

 

1,390

 

 

 

162

 

Backlog

 

 

4,270

 

 

 

3,558

 

 

 

4,270

 

 

 

1,423

 

Foreign currency adjustments

 

 

(2,197

)

 

 

(687

)

 

 

(2,309

)

 

 

(693

)

 

 

$

100,117

 

 

$

32,729

 

 

$

100,022

 

 

$

25,065

 

 

Summary of Finite Lived Intangible Assets Activities

Activity for the six months ended June 30, 2016 and 2015 is as follows:

 

(Table only in thousands)

 

2016

 

 

2015

 

Intangible assets – finite life, net at beginning of period

 

$

74,957

 

 

$

58,398

 

Amortization expense

 

 

(7,645

)

 

 

(5,230

)

Acquisitions/purchase accounting adjustments

 

 

 

 

 

 

Foreign currency adjustments

 

 

76

 

 

 

(748

)

Intangible assets – finite life, net at end of period

 

$

67,388

 

 

$

52,420