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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in goodwill by reportable segment

The changes in the carrying amount of goodwill for the year ended December 31, 2019 and the three months ended March 31, 2020 are summarized as follows:

 

 

 

Americas

 

 

MEAP

 

 

Consolidated

 

Balance as of January 1, 2019

 

$

166.5

 

 

$

66.3

 

 

$

232.8

 

Foreign currency impact

 

 

 

 

 

(0.3

)

 

 

(0.3

)

Balance as of December 31, 2019

 

 

166.5

 

 

 

66.0

 

 

 

232.5

 

Foreign currency impact

 

 

 

 

 

(2.2

)

 

 

(2.2

)

Balance as of March 31, 2020

 

$

166.5

 

 

$

63.8

 

 

$

230.3

 

 

Gross carrying amount, accumulated amortization and net book value of intangible assets other than goodwill

The gross carrying amount, accumulated amortization and net book value of the Company’s intangible assets other than goodwill at March 31, 2020 and December 31, 2019 are summarized as follows:

 

 

 

March 31, 2020

 

 

December 31, 2019

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Book

Value

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Book

Value

 

Trademarks and tradenames

 

$

94.2

 

 

$

 

 

$

94.2

 

 

$

95.3

 

 

$

 

 

$

95.3

 

Customer relationships

 

 

9.7

 

 

 

(8.2

)

 

 

1.5

 

 

 

10.0

 

 

 

(8.5

)

 

 

1.5

 

Patents

 

 

29.2

 

 

 

(28.4

)

 

 

0.8

 

 

 

29.5

 

 

 

(28.7

)

 

 

0.8

 

Distribution network

 

 

18.4

 

 

 

 

 

 

18.4

 

 

 

18.7

 

 

 

 

 

 

18.7

 

Net balance

 

$

151.5

 

 

$

(36.6

)

 

$

114.9

 

 

$

153.5

 

 

$

(37.2

)

 

$

116.3