Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Intangible Assets and Goodwill

The changes in intangible assets and goodwill from December 31, 2015 to December 31, 2017, were as follows:

(in thousands, except for years)	Amortization life in years	Balance at December 31, 2016	Amortization		Other Changes		Currency Translation	Balance at December 31, 2017
Amortized intangible assets:
AEC trade names	15	$20	($5	)	$-		$-	$15
AEC technology	15	104	(24	)	-		-	80
AEC customer contracts	6	17,859	(3,280	)	(961	)	-	13,618
AEC customer relationships	15	47,009	(3,280	)	(2,211	)	-	41,518
AEC other intangibles	5	1,462	(275	)	(977	)	-	210
Total amortized intangible assets		$66,454	($6,864	)	($4,149	)	$-	$55,441
Unamortized intangible assets:
MC Goodwill		$64,645	$-		$-		$6,421	$71,066
AEC Goodwill		95,730	-		-		-	95,730
Total amortized intangible assets		$160,375	$-		$-		$6,421	$166,796

(in thousands, except for years)	Amortization life in years	Balance at December 31, 2015	Acquisition	Amortization		Currency Translation		Balance at December 31, 2016
Amortized intangible assets:
AEC trade names	15	$25	$-	($5	)	$-		$20
AEC technology	15	129	-	(25	)	-		104
AEC customer contracts	6	-	20,420	(2,561	)	-		17,859
AEC customer relationships	15	-	49,490	(2,481	)	-		47,009
AEC other intangibles	5	-	1,720	(258	)	-		1,462
Total amortized intangible assets		$154	$71,630	($5,330	)	$-		$66,454
Unamortized intangible assets:
MC Goodwill		$66,373	$-	$-		($1,728	)	$64,645
AEC Goodwill		-	95,730	-		-		95,730
Total amortized intangible assets		$66,373	$95,730	$-		($1,728	)	$160,375

Schedule of Estimated Amortization Expense

Estimated amortization expense of intangibles for the years ending December 31, 2018 through 2022, is as follows:

	Annual amortization
Year	(in thousands)
2018	$6,232
2019	6,232
2020	6,232
2021	6,161
2022	3,955