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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Accumulated Amortization by Category

Intangible assets and accumulated amortization by category as of June 30, 2020 is as follows:

 

 

 

Weighted Average

 

Gross

 

 

 

 

 

 

Net

 

 

 

Amortization

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

 

Period (in years)

 

Amount

 

 

Amortization

 

 

Amount

 

Patented and unpatented technology

 

6

 

$

17,970

 

 

$

(13,872

)

 

$

4,098

 

Customer relationships

 

6

 

 

18,612

 

 

 

(11,600

)

 

 

7,012

 

Trade names and trademarks

 

12

 

 

4,829

 

 

 

(2,580

)

 

 

2,249

 

Indefinite lived trade names

 

 

 

 

2,448

 

 

 

 

 

 

 

2,448

 

Total intangible assets, net

 

 

 

 

 

 

 

 

 

 

 

$

15,807

 

 

 

 

Intangible assets and accumulated amortization by category as of December 31, 2019 is as follows:

 

 

 

 

Weighted Average

 

Gross

 

 

 

 

 

 

Net

 

 

 

Amortization

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

 

Period (in years)

 

Amount

 

 

Amortization

 

 

Amount

 

Patented and unpatented technology

 

7

 

$

17,963

 

 

$

(13,499

)

 

$

4,464

 

Customer relationships

 

6

 

 

18,602

 

 

 

(10,968

)

 

 

7,634

 

Trade names and trademarks

 

12

 

 

4,829

 

 

 

(2,481

)

 

 

2,348

 

Indefinite lived trade names

 

 

 

 

2,586

 

 

 

 

 

 

 

2,586

 

Total intangible assets, net

 

 

 

 

 

 

 

 

 

 

 

$

17,032

 

Schedule of Estimated Amortization Expense

Estimated amortization expense for the next five years and subsequent is as follows:

 

 

 

Amount

 

2021

 

$

2,073

 

2022

 

 

2,073

 

2023

 

 

2,073

 

2024

 

 

2,055

 

2025

 

 

2,007

 

And subsequent

 

 

3,078

 

Total intangibles currently to be amortized

 

 

13,359

 

Intangibles with indefinite lives not amortized

 

 

2,448

 

Total intangible assets

 

$

15,807

 

 

Changes in Goodwill

Changes in goodwill for the six months ended June 30, 2020 are as follows:

 

 

 

Total

 

Balance January 1, 2020

 

$

32,635

 

Effect of change in exchange rates

 

 

(110

)

Goodwill impairment

 

 

(6,567

)

Balance June 30, 2020

 

$

25,958