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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill / Tradename

 

(table only in thousands)

 

Six months ended June 30, 2019

 

 

Year ended December 31, 2018

 

Goodwill / Tradename

 

Goodwill

 

 

Tradename

 

 

Goodwill

 

 

Tradename

 

Beginning balance

 

$

152,156

 

 

$

18,258

 

 

$

166,951

 

 

$

19,691

 

Transfers to finite life classification

 

 

 

 

 

(3,904

)

 

 

 

 

 

 

Divestitures

 

 

 

 

 

 

 

 

(14,317

)

 

 

(1,340

)

Foreign currency translation

 

 

43

 

 

 

(12

)

 

 

(478

)

 

 

(93

)

 

 

$

152,199

 

 

$

14,342

 

 

$

152,156

 

 

$

18,258

 

Intangible Assets - Finite Life

(table only in thousands)

 

As of June 30, 2019

 

 

As of December 31, 2018

 

Intangible assets – finite life

 

Cost

 

 

Accum. Amort.

 

 

Cost

 

 

Accum. Amort.

 

Technology

 

$

14,457

 

 

$

9,933

 

 

$

14,457

 

 

$

9,414

 

Customer lists

 

 

68,943

 

 

 

41,342

 

 

 

68,943

 

 

 

37,873

 

Noncompetition agreements

 

 

910

 

 

 

835

 

 

 

910

 

 

 

762

 

Tradename

 

 

5,294

 

 

 

845

 

 

 

1,390

 

 

 

579

 

Foreign currency adjustments

 

 

(1,521

)

 

 

(399

)

 

 

(1,520

)

 

 

(407

)

 

 

$

88,083

 

 

$

52,556

 

 

$

84,180

 

 

$

48,221

 

 

Summary of Finite Lived Intangible Assets Activities

Activity for the six-months ended June 30, 2019 and 2018 is as follows:

 

(table only in thousands)

 

2019

 

 

2018

 

Intangible assets – finite life, net at beginning of period

 

$

35,959

 

 

$

49,956

 

Amortization expense

 

 

(4,320

)

 

 

(4,988

)

Divestitures

 

 

 

 

 

(2,372

)

Transfers from indefinite life classification

 

 

3,904

 

 

 

 

Foreign currency adjustments

 

 

(16

)

 

 

(152

)

Intangible assets – finite life, net at end of period

 

$

35,527

 

 

$

42,444