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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Carrying Amount of Goodwill by Reporting Unit and Impairment Recognized

The carrying amount of goodwill by reporting unit and impairment recognized is noted in the table below (in thousands):

 

 

Goodwill balance

 

 

For the six months ended June 30, 2017

 

 

Goodwill balance

 

 

as of

December 31, 2016

 

 

Impairment

 

 

Currency translation adjustments

 

 

as of

June 30, 2017

 

Office & Facilities

$

224,683

 

 

$

(185,704

)

 

$

-

 

 

$

38,979

 

Industrial

 

13,067

 

 

 

-

 

 

46

 

 

 

13,113

 

Automotive

 

45,234

 

 

 

(12,220

)

 

355

 

 

 

33,369

 

CPO

 

14,922

 

 

 

(904

)

 

 

-

 

 

 

14,018

 

 

$

297,906

 

 

$

(198,828

)

 

$

401

 

 

$

99,479

 

 

Summary of Intangible Assets of Company by Major Class

The following table summarizes the intangible assets of the Company by major class of intangible assets and the cost, accumulated amortization, net carrying amount, and weighted average life, if applicable (in thousands):

 

 

June 30, 2017

 

December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

Gross

 

 

 

 

 

 

Net

 

 

Useful

 

Gross

 

 

 

 

 

 

Net

 

 

Useful

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Life

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Life

 

Amount

 

 

Amortization

 

 

Amount

 

 

(years)

 

Amount

 

 

Amortization

 

 

Amount

 

 

(years)

Intangible assets subject to amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships and other intangibles

$

137,802

 

 

$

(67,594

)

 

$

70,208

 

 

16

 

$

137,452

 

 

$

(62,235

)

 

$

75,217

 

 

16

Non-compete agreements

 

4,654

 

 

 

(4,260

)

 

 

394

 

 

4

 

 

4,649

 

 

 

(4,260

)

 

 

389

 

 

4

Trademarks

 

13,737

 

 

 

(6,190

)

 

 

7,547

 

 

14

 

 

13,704

 

 

 

(5,620

)

 

 

8,084

 

 

14

Total

$

156,193

 

 

$

(78,044

)

 

$

78,149

 

 

 

 

$

155,805

 

 

$

(72,115

)

 

$

83,690

 

 

 

 

Summary of Amortization Expense to be Incurred in 2017 Through 2021 on Intangible Assets

The following table summarizes the amortization expense to be incurred in 2017 through 2021 on intangible assets (in thousands):

Year

 

Amount

 

2017

 

$

10,795

 

2018

 

 

8,063

 

2019

 

 

6,945

 

2020

 

 

6,942

 

2021

 

 

6,942