Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Changes in goodwill during the six months ended June 30, 2020 are as follows:

(In thousands)	Goodwill
Balance at January 1, 2020	$	436,679
Currency translation	(6,008)
Balance at June 30, 2020	$	430,671

At June 30, 2020, the Company had goodwill of $293.2 million and $137.5 million related to the Americas and International reportable segments, respectively.

Changes in intangible assets, net during the six months ended June 30, 2020, are as follows:

(In thousands)	Intangible Assets
Net balance at January 1, 2020	$	171,326
Amortization expense	(5,739)
Currency translation	(2,680)
Net balance at June 30, 2020	$	162,907

At June 30, 2020, the above intangible assets balance includes a trade name related to the Globe acquisition with an indefinite life totaling $60.0 million.