XML 46 R17.htm IDEA: XBRL DOCUMENT v3.22.0.1
Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Changes in the carrying amount of goodwill in the Motorcycles segment for the years ended December 31, was as follows (in thousands): 
20212020
Balance, beginning of period$65,976 $64,160 
Currency translation(2,799)1,816 
Balance, end of period$63,177 $65,976 
Intangible assets, excluding goodwill, included in the Motorcycles segment consist primarily of customer relationships and trademarks with useful lives ranging from 5 to 20 years. Intangible assets are amortized on a straight-line basis over their estimated useful lives. Intangible assets are recorded in Other long-term assets on the Consolidated balance sheets. Intangible assets at December 31, were as follows (in thousands):
20212020
Gross carrying amount$11,300 $12,979 
Accumulated amortization(3,786)(3,350)
$7,514 $9,629 
Amortization of intangible assets, excluding goodwill, recorded in Selling, administrative and engineering expense on the Consolidated statements of operations was $0.4 million, $1.1 million and $0.9 million for 2021, 2020 and 2019, respectively. Future amortization of the Company's intangible assets as of December 31, 2021 is as follows (in thousands):
2022$847 
2023847 
2024691 
2025639 
2026639 
Thereafter3,851 
$7,514 
The Financial Services segment had no goodwill or intangible assets at December 31, 2021 and 2020.