XML 48 R34.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in carrying amount of goodwill
The changes in the carrying amount of goodwill for the six-month period ended June 30, 2018 were as follows (in thousands):
 
2018
Goodwill balance at January 1
$
238,147

Effect of foreign exchange
(906
)
Additions as the result of acquisitions
11,757

Goodwill balance at June 30
$
248,998
Other intangible assets
Other intangible assets at June 30, 2018 and December 31, 2017, consisted of the following (in thousands):
 
June 30, 2018
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
Patents
$
18,196

 
$
(4,334
)
 
$
13,862

Distribution agreements
8,192

 
(5,278
)
 
2,914

License agreements
23,845

 
(6,419
)
 
17,426

Trademarks
21,516

 
(5,550
)
 
15,966

Covenants not to compete
1,028

 
(985
)
 
43

Customer lists
35,737

 
(20,680
)
 
15,057

In-process technology
920

 
—

 
920

 
 
 
 
 
 
Total
$
109,434

 
$
(43,246
)
 
$
66,188


 
December 31, 2017
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
Patents
$
16,528

 
$
(3,737
)
 
$
12,791

Distribution agreements
7,262

 
(4,686
)
 
2,576

License agreements
23,783

 
(5,568
)
 
18,215

Trademarks
16,224

 
(4,686
)
 
11,538

Covenants not to compete
1,028

 
(968
)
 
60

Customer lists
31,935

 
(18,482
)
 
13,453

In-process technology
920

 
—

 
920

 
 
 
 
 
 
Total
$
97,680

 
$
(38,127
)
 
$
59,553
Estimated amortization expense
Estimated amortization expense for the developed technology and other intangible assets for the next five years consists of the following as of June 30, 2018 (in thousands):

Year Ending December 31
 
Remaining 2018
$
20,132

2019
39,154

2020
37,881

2021
30,488

2022
28,688