Goodwill and Intangible Assets

9 Months Ended

Sep. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

In connection with our new three segment structure, goodwill has been reallocated based on the relative fair value of the underlying reporting units. We performed an interim impairment analysis in the first quarter of 2016 as a result of this change and noted no impairment. The following table summarizes the changes in the carrying amount of goodwill through September 30, 2016:



	Domestic		International			CPS		Consolidated
Carrying amount of goodwill, December 31, 2015	$	180,006	$	23,426		$	216,187	$	419,619
Currency translation adjustments	—		(2,022		)	498		(1,524		)
Carrying amount of goodwill, September 30, 2016	$	180,006	$	21,404		$	216,685	$	418,095

Intangible assets at September 30, 2016, and December 31, 2015, were as follows:



	September 30, 2016						December 31, 2015
	Customer Relationships			Other Intangibles			Customer Relationships			Other Intangibles

Gross intangible assets	$	120,999		$	3,910		$	121,888		$	4,621
Accumulated amortization	(36,125		)	(1,802		)	(29,872		)	(1,387		)
Net intangible assets	$	84,874		$	2,108		$	92,016		$	3,234

At September 30, 2016, $12.2 million in net intangible assets were held in the Domestic segment, $12.0 million were held in the International segment and $62.8 million were held in the CPS segment. Amortization expense for intangible assets was $2.2 million and $2.4 million for the three months ended September 30, 2016 and 2015 and $6.6 million and $7.2 million for the nine months ended September 30, 2016 and 2015.

Based on the current carrying value of intangible assets subject to amortization, estimated amortization expense is $2.7 million for the remainder of 2016, $9.7 million for 2017, $9.1 million for 2018, $9.0 million for 2019, $8.9 million for 2020 and $8.5 million for 2021.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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