NOTE 6. GOODWILL AND INTANGIBLE ASSETS

Goodwill

The following table shows an analysis of goodwill by reporting segment:

	Six Months Ended June 30,
	U.S.		Int'l
amounts in thousands	Insurance		Insurance			Total
Goodwill at Beginning of the Period	$	1,978	$	2,482		$	4,460
Goodwill Acquired		—		11,312			11,312
Foreign Currency Translation Adjustment		—		(27	)		(27	)
Goodwill at End of the Period	$	1,978	$	13,767		$	15,745

The goodwill acquired primarily relates to expected synergies from combining operations of BDM and ASCO and is not expected to be deductible for tax purposes. The fair values of the assets acquired and liabilities assumed may be subject to adjustments, which may impact the amount recorded for goodwill.

Intangibles

The gross carrying value and weighted average amortization period of intangible assets by type at June 30, 2018 was as follows:

	As of June 30, 2018
	Gross		Weighted Average
amounts in thousands	Carrying Amount		Amortization Period
Finite-Lived Assets
ASCO Customer Relationships	$	4,739	15 years
ASCO VOBA		1,694	4 years
BDM Broker Networks		1,002	15 years
BDM Trade Name		493	1 year
Total	$	7,928

Indefinite-Lived Assets
ASCO European Licenses	$	2,463	indefinite
NUAL Lloyd's Syndicate Capacity		2,136	indefinite
Total	$	4,599

The aggregate amortization expense since the acquisition date of BDM and ASCO has been immaterial.

The fair values of the intangible assets acquired may be subject to adjustments, which may impact the amounts recorded.

The estimated remaining amortization expense for the finite-lived intangible assets is as follows:

amounts in thousands	Total
2018	$	649
2019		1,053
2020		806
2021		806
2022		594
2023 and thereafter		4,020
Total	$	7,928