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Goodwill and Long-Lived Assets
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Long-Lived Assets Goodwill and Long-Lived Assets

Gross and net carrying amounts of goodwill at December 31, 2019 and 2018 were as follows:
In thousands
Performance Materials
 
Technical Nonwovens
 
Thermal Acoustical Solutions
 
Totals
Goodwill
$
144,626

 
$
52,337

 
$
12,160

 
$
209,123

Accumulated amortization/impairment

 

 
(12,160
)
 
(12,160
)
Balance at December 31, 2018
144,626

 
52,337

 

 
196,963

Goodwill
143,658

 
53,254

 
12,160

 
209,072

Accumulated amortization/impairment
(63,000
)
 

 
(12,160
)
 
(75,160
)
Balance at December 31, 2019
$
80,658

 
$
53,254

 
$

 
$
133,912



The changes in the carrying amounts of goodwill in 2019 and 2018 were as follows:
In thousands
Performance Materials
 
Technical Nonwovens
 
Totals
Balance at January 1, 2018
$
13,307

 
$
55,662

 
$
68,969

Goodwill addition
131,509

 

 
131,509

Currency translation adjustment
(190
)
 
(3,325
)
 
(3,515
)
Balance at December 31, 2018
144,626

 
52,337

 
196,963

Goodwill reduction
(662
)
 

 
(662
)
Goodwill impairment
(63,000
)
 

 
(63,000
)
Currency translation adjustment
(306
)
 
917

 
611

Balance at December 31, 2019
$
80,658

 
$
53,254

 
$
133,912


Goodwill Associated with Acquisitions and Divestitures

The net goodwill reduction of $0.7 million in 2019 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.

The additional goodwill of $131.5 million in 2018 within the Performance Materials segment results from the two acquisitions completed in the third quarter of 2018. The Interface acquisition accounted for $131.0 million of the $131.5 million increase. The amount allocated to goodwill was reflective of the benefits the Company expected to realize from the expansion of the Company's engineered materials offering, new product development and Interface's assembled workforce. None of the goodwill associated with the Interface acquisition is expected to be deductible for income tax purposes.

Goodwill Impairment

During the fourth quarter of 2019, the Company performed its annual impairment analysis of the goodwill in the Performance Materials reporting unit (PM reporting unit) and in the Technical Nonwovens reporting unit (TNW reporting unit). The Company used the qualitative method to analyze the goodwill for the TNW reporting unit by considering capital markets environment, economic conditions, industry trends, results of operations, and other factors. The Company also considered changes in assumptions used in the Company's most recent quantitative annual testing, including results of operations, the magnitude of excess of fair value over carrying value and other factors. As a result of this qualitative analysis, the Company concluded that the TNW reporting unit's fair value more likely than not exceeds its carrying value and as a result, the quantitative impairment assessment was not required to be completed.

For the PM reporting unit, the Company recorded a goodwill impairment charge of $63.0 million during the fourth quarter of 2019. See Note 7, Impairment, to these Consolidated Financial Statements for further discussion of the goodwill impairment.

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 Consolidated Balance Sheets as of December 31, 2019 and 2018:
 
 
December 31, 2019
 
December 31, 2018
In thousands
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Amortized intangible assets
 
 
 
 
 
 
 
 
Customer relationships
 
$
142,400

 
$
(30,648
)
 
$
141,455

 
$
(11,453
)
Patents
 
759

 
(607
)
 
4,333

 
(3,816
)
Technology
 
2,500

 
(977
)
 
2,500

 
(810
)
Trade names
 
7,293

 
(5,143
)
 
7,235

 
(2,840
)
License agreements
 
610

 
(610
)
 
619

 
(619
)
Other
 
551

 
(551
)
 
561

 
(561
)
Total amortized intangible assets
 
$
154,113

 
$
(38,536
)
 
$
156,703

 
$
(20,099
)


In connection with the acquisition of Interface on August 31, 2018, the Company recorded intangible assets of $106.9 million, which included $103.7 million of customer relationships and $3.2 million of trade names. As of December 31, 2019, the weighted average useful lives of Interface's intangible assets was 11 years.

Amortization of all intangible assets for the years ended December 31, 2019, 2018, and 2017 was $21.5 million, $9.3 million, and $4.5 million, respectively. Estimated amortization expense for intangible assets is expected to be $20.8 million, $16.3 million, $14.4 million, $12.7 million, $11.3 million, and $40.0 million for each of the years ending December 31, 2020 through 2024 and thereafter, respectively. As of December 31, 2019, the weighted average useful life of intangible assets was approximately 11 years.