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Goodwill and Intangible Assets
6 Months Ended
Jun. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

8.  Goodwill and Intangible Assets

The change in goodwill for the six months ended June 30, 2018 was as follows:

 

 

 

Distribution

 

 

Material

Handling

 

 

Total

 

January 1, 2018

 

$

505

 

 

$

59,466

 

 

$

59,971

 

Foreign currency translation

 

 

 

 

 

(501

)

 

 

(501

)

June 30, 2018

 

$

505

 

 

$

58,965

 

 

$

59,470

 

 

Intangible assets other than goodwill primarily consist of trade names, customer relationships, patents and technology assets established in connection with acquisitions. These intangible assets, other than certain trade names, are amortized over their estimated useful lives. The Company has indefinite-lived trade names which had a carrying value of $10.0 million at both June 30, 2018 and December 31, 2017.