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Goodwill and Other Intangibles (Table)
3 Months Ended
Mar. 31, 2015
Goodwill and Other Intangibles  
Changes in the carrying amount of goodwill by reportable segment

 

The following table presents the changes in the carrying amount of goodwill by our European Operations segment for the three months ended March 31, 2015 (dollars in thousands):

 

 

 

Total

 

Balance at December 31, 2014

 

$

12,803

 

2015 Activity:

 

 

 

Currency translation adjustment

 

(762

)

Balance at March 31, 2015

 

$

12,041

 

 

Summary of acquired other intangible assets

 

Acquired other intangible assets consisted of the following at March 31, 2015 and December 31, 2014 (dollars in thousands):

 

 

 

March 31, 2015

 

December 31, 2014

 

 

 

 

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Useful Lives
(Years)

 

Trade name

 

$

8,545 

 

$

 

$

8,545 

 

$

 

 

Customer-related intangibles

 

30,273 

 

11,804 

 

30,272 

 

11,210 

 

13.1 

 

Proprietary software

 

23,558 

 

20,172 

 

23,558 

 

19,959 

 

6.1 

 

Trading rights

 

339 

 

 

339 

 

 

 

Other

 

50 

 

 

50 

 

 

 

Total

 

$

62,765 

 

$

31,976 

 

$

62,764 

 

$

31,169