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Goodwill and Other Intangible Assets
9 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
 
Goodwill:

The Company tests its goodwill for impairment annually in the fourth quarter, and whenever events or changes in circumstances indicate that the carrying value may exceed its fair value.

The changes in the carrying amount of goodwill by segment as of and for the nine months ended September 30, 2019 were as follows:
 
In thousands
 
December 31,
2018
 
Currency translation adjustments
 
Reductions
 
September 30,
2019
 
 
Performance Materials
 
$
144,626

 
$
(485
)
 
$
(662
)
 
$
143,479

 
Technical Nonwovens
 
52,337

 
(203
)
 

 
52,134

 
Total goodwill
 
$
196,963

 
$
(688
)
 
$
(662
)
 
$
195,613



Goodwill Associated with Acquisitions

The net goodwill reduction of $0.7 million within the Performance Materials segment was due to a goodwill reduction of $1.3 million as a result of post-closing purchase price adjustments in the second and third quarters of 2019 related to the acquisition of
Interface Performance Materials on August 31, 2018, partially offset by acquisition activity in the second quarter of 2019 resulting in a goodwill addition of $0.6 million.

Other Intangible Assets:
 
The table below presents the gross carrying amount and, as applicable, the accumulated amortization of the Company’s acquired intangible assets other than goodwill included in “Other intangible assets, net” in the Condensed Consolidated Balance Sheets as of September 30, 2019 and December 31, 2018:
 
 
September 30, 2019
 
December 31, 2018
In thousands
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Amortized intangible assets
 
 

 
 

 
 

 
 

Customer Relationships
 
$
141,537

 
$
(25,625
)
 
$
141,455

 
$
(11,453
)
Patents
 
4,215

 
(3,731
)
 
4,333

 
(3,816
)
Technology
 
2,500

 
(935
)
 
2,500

 
(810
)
Trade Names
 
7,203

 
(4,520
)
 
7,235

 
(2,840
)
License Agreements
 
598

 
(598
)
 
619

 
(619
)
Other
 
539

 
(539
)
 
561

 
(561
)
Total amortized intangible assets
 
$
156,592

 
$
(35,948
)
 
$
156,703

 
$
(20,099
)