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Goodwill and Intangible Assets
 3 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible AssetsGoodwill represents the excess of acquisition purchase price over the fair value of net assets acquired. During the first quarter of 2020, as a result of the Company’s market capitalization value being less than the carrying value of its equity for a duration
of time, the Company determined it had an impairment indicator. Accordingly, the Company estimated the fair value of each of the reporting units with goodwill by discounting the estimated cash flows of each reporting unit. The estimated fair values of the reporting units were then compared to their net carrying values as of March 31, 2020 and, as a result, the Company recognized $27.1 million impairment of goodwill, which represented the carrying amount of goodwill prior to the impairment charge. The impairment charge is presented in Goodwill and other impairment in the Condensed Consolidated Statements of Operations.
The changes in the carrying amounts of goodwill are as follows: 
Electrical SystemsGlobal SeatingTotal
Balance - December 31, 2019$22,802 $5,014 $27,816 
Finalization of FSE Purchase Accounting(537)— (537)
Goodwill impairment(22,265)(4,809)(27,074)
Currency translation adjustment— (205)(205)
Balance - December 31, 2020$— $— $— 
Our definite-lived intangible assets were comprised of the following: 
March 31, 2021December 31, 2020
Weighted-
Average
Amortization
Period		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Trademarks/tradenames22 years$11,622 $(4,773)$6,849 $11,634 $(4,681)$6,953 
Customer relationships15 years14,857 (7,780)7,077 14,881 (7,536)7,345 
Technical know-how5 years9,790 (3,018)6,772 9,790 (2,529)7,261 
Covenant not to compete5 years330 (102)228 330 (85)245 
$36,599 $(15,673)$20,926 $36,635 $(14,831)$21,804 
    
The aggregate intangible asset amortization expense was $0.9 million for the three months ended March 31, 2021 and 2020 respectively.