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Goodwill and Intangible Assets
 3 Months Ended
Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
Goodwill and Intangible Assets
The change in goodwill for the three months ended March 31, 2015 was as follows:
Segment
Balance at January 1, 2015
 
Foreign
Currency
Translation
 
Balance at March 31, 2015
Material Handling
$
66,134

 
$
(4,814
)
 
$
61,320

Distribution
505

 
—

 
505

 
$
66,639

 
$
(4,814
)
 
$
61,825


Intangible assets other than goodwill primarily consist of trade names, customer relationships, patents and technology assets established in connection with acquisitions. These intangible assets, other than certain trade names, are amortized over their estimated useful lives. The Company has indefinite lived trade names which had a carrying value of $11.0 million and $11.3 million at March 31, 2015 and December 31, 2014, respectively.