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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Composition of Goodwill and Changes

Composition of goodwill and changes therein the years ended December 31, 2017 and 2016 are as follows:

 

     December 31  
     2017      2016  
     $ in thousands  

Balance at the beginning of year

     176,374        170,177  

Acquired during the year

     1,112        6,197  
  

 

 

    

 

 

 

Balance at the end of year

     177,486        176,374  
  

 

 

    

 

 

 
Summary of Other Intangible Assets

Other intangible assets are composed as follows:

 

     December 31  
     2017      2016  
     $ in thousands  

Cost:

     

Intellectual property

     67,650        67,350  

Customer relations

     97,483        97,483  

Trade name

     6,008        6,008  

IPR&D

     8,800     

Other

     143        143  
  

 

 

    

 

 

 
     180,084        170,984  
  

 

 

    

 

 

 

Less: accumulated amortization

     111,858        86,774  
  

 

 

    

 

 

 
     68,226        84,210  
  

 

 

    

 

 

Estimated Amortization Expense

Estimated amortization expense for the years stated below is as follows:

 

     $ in thousands  

Year ending December 31:

  

2018

     25,531  

2019

     18,657  

2020

     10,301  

2021

     3,718  

2022

     1,004  

2023 and thereafter

     215  
  

 

 

 
     59,426