Goodwill and Intangible Assets

9 Months Ended

Sep. 30, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

9.  Goodwill and Intangible Assets

The change in goodwill for the nine months ended September 30, 2019 was as follows:

	Distribution		Material Handling		Total
January 1, 2019	$	505	$	58,563	$	59,068
Acquisition		7,051		—		7,051
Foreign currency translation		—		309		309
September 30, 2019	$	7,556	$	58,872	$	66,428

Intangible assets other than goodwill primarily consist of trade names, customer relationships, patents, non-competition agreements 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 $9.8 million at both September 30, 2019 and December 31, 2018. Refer to Note 3 for the intangible assets acquired through the Tuffy acquisition during the quarter ended September 30, 2019.