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Goodwill and Other Intangible Assets
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
 
Goodwill:

The Company tests its goodwill for impairment annually in the fourth quarter, and whenever events or changes in circumstances indicate that the carrying value may exceed its fair value.

The changes in the carrying amount of goodwill by segment as of and for the six months ended June 30, 2019 were as follows:
 
In thousands
 
December 31,
2018
 
Currency translation adjustments
 
Reductions
 
June 30,
2019
 
 
Performance Materials
 
$
144,626

 
$
(84
)
 
$
(65
)
 
$
144,477

 
Technical Nonwovens
 
52,337

 
982

 

 
53,319

 
Total goodwill
 
$
196,963

 
$
898

 
$
(65
)
 
$
197,796



Goodwill Associated with Acquisitions

The net goodwill reduction of $0.1 million within the Performance Materials segment was due to a goodwill reduction of $0.7 million as a result of a post-closing purchase price adjustment in the second quarter of 2019 related to the acquisition of Interface
Performance Materials on August 31, 2018, partially offset by acquisition activity in the second quarter of 2019 resulting in a goodwill addition of $0.6 million.

Other Intangible Assets:
 
The table below presents the gross carrying amount and, as applicable, the accumulated amortization of the Company’s acquired intangible assets other than goodwill included in “Other intangible assets, net” in the Condensed Consolidated Balance Sheets as of June 30, 2019 and December 31, 2018:
 
 
June 30, 2019
 
December 31, 2018
In thousands
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Amortized intangible assets
 
 

 
 

 
 

 
 

Customer Relationships
 
$
142,418

 
$
(21,134
)
 
$
141,455

 
$
(11,453
)
Patents
 
4,366

 
(3,841
)
 
4,333

 
(3,816
)
Technology
 
2,500

 
(898
)
 
2,500

 
(810
)
Trade Names
 
7,302

 
(4,017
)
 
7,235

 
(2,840
)
License Agreements
 
616

 
(616
)
 
619

 
(619
)
Other
 
559

 
(559
)
 
561

 
(561
)
Total amortized intangible assets
 
$
157,761

 
$
(31,065
)
 
$
156,703

 
$
(20,099
)