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Goodwill And Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2018
Goodwill And Other Intangible Assets [Abstract]  
Details and Activity of Goodwill by Segment



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

Performance

 

 



 

Performance

 

Color

 

Colors and

 

 



 

Coatings

 

Solutions

 

Glass

 

Total



 

(Dollars in thousands)

Goodwill, net at December 31, 2017

 

$

38,236 

 

$

42,535 

 

$

114,598 

 

$

195,369 

Acquisitions

 

 

5,140 

(2)

 

 —

 

 

1,291 

(1)

 

6,431 

Foreign currency adjustments

 

 

(1,348)

 

 

(445)

 

 

(835)

 

 

(2,628)

Goodwill, net at June 30, 2018

 

$

42,028 

 

$

42,090 

 

$

115,054 

 

$

199,172 



(1) During the first quarter of 2018, the Company recorded a purchase price adjustment within the measurement period for goodwill related to the Dip-Tech acquisition.

(2) During the second quarter of 2018, the Company recorded goodwill related to the FMU acquisition.

Summary of Impairment of Goodwill



 

 

 

 

 

 



 

June 30,

 

December 31,



 

2018

 

2017



 

(Dollars in thousands)

Goodwill, gross

 

$

257,639 

 

$

253,836 

Accumulated impairment

 

 

(58,467)

 

 

(58,467)

Goodwill, net

 

$

199,172 

 

$

195,369 



Details of Amortizable Intangible Assets



 

 

 

 

 

 



 

June 30,

 

December 31,



 

2018

 

2017



 

(Dollars in thousands)

Gross amortizable intangible assets:

 

 

 

 

 

 

Patents

 

$

5,210 

 

$

5,279 

Land rights

 

 

4,893 

 

 

4,947 

Technology/know-how and other

 

 

127,765 

 

 

131,070 

Customer relationships

 

 

92,493 

 

 

93,500 

      Total gross amortizable intangible assets

 

 

230,361 

 

 

234,796 

Accumulated amortization:

 

 

 

 

 

 

Patents

 

 

(5,149)

 

 

(5,226)

Land rights

 

 

(2,912)

 

 

(2,883)

Technology/know-how and other

 

 

(46,580)

 

 

(45,214)

Customer relationships

 

 

(13,447)

 

 

(11,114)

      Total accumulated amortization

 

 

(68,088)

 

 

(64,437)

             Amortizable intangible assets, net

 

$

162,273 

 

$

170,359 



Schedule of Indefinite-Lived Intangible Assets



 

 

 

 

 

 



 

June 30,

 

December 31,



 

2018

 

2017



 

(Dollars in thousands)

Indefinite-lived intangibles assets:

 

 

 

 

 

 

Trade names and trademarks

 

$

16,881 

 

$

17,257