Goodwill and Definite and Indefinite-lived Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following is the summary of changes to the Company's Goodwill for the six months ended June 30, 2018:

	Industrial			Agricultural			European			Consolidated
(in thousands)
Balance at December 31, 2017		$	61,682		$	6,357		$	16,722		$	84,761
Translation adjustment		(361)			(864)			(422)			(1,647)
Goodwill adjusment		84			774			—			858
Balance at June 30, 2018		$	61,405		$	6,267		$	16,300		$	83,972

Schedule of Definite and Indefinite Lived Intangible Assets

The following is a summary of the Company's definite and indefinite-lived intangible assets net of the accumulated amortization:

(in thousands)	Estimated Useful Lives	June 30, 2018			December 31, 2017
Definite:
Trade names and trademarks	25 years		$	23,985		$	24,276
Customer and dealer relationships	10-14 years		32,401			32,654
Patents and drawings	3-12 years		1,964			1,982
Total at cost			58,350			58,912
Less accumulated amortization			(13,214)			(11,540)
Total net			45,136			47,372
Indefinite:
Trade names and trademarks			5,500			5,500
Total Intangible Assets			$	50,636		$	52,872