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Goodwill and Intangibles (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangibles [Abstract]  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
The estimated future amortization expense for the Company's intangible assets placed in service as of December 31, 2019 is as follows:
 (dollars in thousands)
2020$13,035  
20216,735  
20225,120  
20233,006  
20242,707  
Thereafter  4,597  
$35,200  
Intangible Assets Disclosure [Text Block] Information for the Company's intangible assets that are subject to amortization is presented below as of December 31, 2019 and 2018.
  December 31, 2019December 31, 2018
 Amortization
Period
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
 (in years) (in thousands)(in thousands)
Trade names2.6 - 3$960  $(360) $600  $10,622  $(10,599) $23  
Customer relationships  2 - 1451,724  (21,065) 30,659  41,134  (18,960) 22,174  
Customer contracts  1.2—  —  —  800  (800) —  
Non compete agreements and covenants with limiting conditions acquired  5400  (347) 53  2,237  (2,055) 182  
Intellectual property  81,188  (119) 1,069  —  —  —  
Acquired software  3 - 107,323  (4,504) 2,819  8,243  (5,679) 2,564  
 $61,595  $(26,395) $35,200  $63,036  $(38,093) $24,943  
Goodwill Disclosure [Text Block]
The following table presents the changes in the Company's goodwill balance, by reporting unit for the periods ended December 31, 2019 and 2018:
 Investment
Management 
 Investment Bank  Cowen Investment Management  Asset Co  Total  
 (dollars in thousands)
Beginning balance - December 31, 2017   
Goodwill$29,026  $51,337  $—  $—  80,363  
Accumulated impairment charges(10,200) (9,485) —  —  (19,685) 
Net18,826  41,852  —  —  60,678  
Activity: 2018   
Recognized goodwill—  —  —  —  —  
Goodwill impairment charges  —  —  —  —  —  
Ending balance: December 31, 2018   
Goodwill29,026  51,337  —  —  80,363  
Accumulated impairment charges(10,200) (9,485) —  —  (19,685) 
Net18,826  41,852  —  —  60,678  
Activity: 2019
Recognized goodwill (See note 3)—  81,150  —  —  81,150  
Realignment of segment goodwill:
     Goodwill(29,026) —  22,705  6,321  —  
     Accumulated impairment charges10,200  —  (7,979) (2,221) —  
Goodwill impairment charges  —  —  —  (4,100) (4,100) 
Ending balance: December 31, 2019
Goodwill—  132,487  22,705  6,321  161,513  
Accumulated impairment charges—  (9,485) (7,979) (6,321) (23,785) 
Net$—  $123,002  $14,726  $—  $137,728