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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill / Tradename

 

(table only in thousands)

 

Nine months ended September 30, 2021

 

 

Year ended December 31, 2020

 

Goodwill / Tradename

 

Goodwill

 

 

Tradename

 

 

Goodwill

 

 

Tradename

 

Beginning balance

 

$

161,820

 

 

$

12,937

 

 

$

152,020

 

 

$

14,291

 

Acquisitions and related adjustments

 

 

 

 

 

 

 

 

9,107

 

 

 

 

Transfers to finite life classification

 

 

 

 

 

(3,150

)

 

 

 

 

 

(700

)

Impairment charge

 

 

 

 

 

 

 

 

 

 

 

(850

)

Foreign currency translation

 

 

(227

)

 

 

(86

)

 

 

693

 

 

 

196

 

 

 

$

161,593

 

 

$

9,701

 

 

$

161,820

 

 

$

12,937

 

Intangible Assets - Finite Life

 

(table only in thousands)

 

As of September 30, 2021

 

 

As of December 31, 2020

 

Intangible assets – finite life

 

Cost

 

 

Accum. Amort.

 

 

Cost

 

 

Accum. Amort.

 

Technology

 

$

14,457

 

 

$

13,532

 

 

$

14,457

 

 

$

13,008

 

Customer lists

 

 

73,199

 

 

 

52,729

 

 

 

73,199

 

 

 

48,959

 

Tradename

 

 

9,728

 

 

 

2,476

 

 

 

6,578

 

 

 

1,758

 

Foreign currency adjustments

 

 

(2,420

)

 

 

(1,431

)

 

 

(2,826

)

 

 

(1,954

)

 

 

$

94,964

 

 

$

67,306

 

 

$

91,408

 

 

$

61,771

 

Summary of Finite Lived Intangible Assets Activities

Activity for the nine months ended September 30, 2021 and 2020 is as follows:

 

(table only in thousands)

 

2021

 

 

2020

 

Intangible assets – finite life, net at beginning of period

 

$

29,637

 

 

$

31,283

 

Amortization expense

 

 

(5,029

)

 

 

(5,448

)

Transfers from indefinite life classification

 

 

3,150

 

 

 

700

 

Acquisition and related adjustments

 

 

 

 

 

4,840

 

Foreign currency adjustments

 

 

(100

)

 

 

102

 

Intangible assets – finite life, net at end of period

 

$

27,658

 

 

$

31,477