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Goodwill and Intangible Assets
6 Months Ended
Jun. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

9.  Goodwill and Intangible Assets

The change in goodwill for the six months ended June 30, 2020 was as follows:

 

 

 

Distribution

 

 

Material

Handling

 

 

Total

 

January 1, 2020

 

$

7,716

 

 

$

59,058

 

 

$

66,774

 

Purchase accounting adjustment

 

 

(68

)

 

 

 

 

 

(68

)

Foreign currency translation

 

 

 

 

 

(504

)

 

 

(504

)

June 30, 2020

 

$

7,648

 

 

$

58,554

 

 

$

66,202

 

 

Intangible assets other than goodwill primarily consist of trade names, customer relationships, patents, non-competition agreements and technology assets established in connection with acquisitions. These intangible assets, other than certain trade names, are amortized over their estimated useful lives. Indefinite-lived trade names had a carrying value of $9.8 million at both June 30, 2020 and December 31, 2019. Refer to Note 3 for the intangible assets acquired through the Tuffy acquisition during the quarter ended September 30, 2019.