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Goodwill and Intangible Assets
 9 Months Ended
Sep. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill And Intangible Assets Disclosure [Text Block]

Note 13 – Goodwill and Other Intangible Assets

The Company completes its annual impairment test during the fourth quarter of each year, or more frequently if triggering events indicate a possible impairment in one or more of its reporting units. The Company continually evaluates financial performance, economic conditions and other relevant developments in assessing if an interim period impairment test for one or more of its reporting units is necessary. The Company has recorded no impairment charges in its past.

Changes in the carrying amount of goodwill for the nine months ended September 30, 2018 were as follows:

NorthSouth
AmericaEMEAAsia/PacificAmericaTotal
Balance as of December 31, 2017$47,571 $20,504$15,456$2,503 $86,034
Currency translation adjustments (27)(930)(894)(488) (2,339)
Balance as of September 30, 2018$47,544$19,574$14,562$2,015 $83,695

Gross carrying amounts and accumulated amortization for definite-lived intangible assets as of September 30, 2018 and December 31, 2017 were as follows:

Gross CarryingAccumulated
AmountAmortization
2018201720182017
Customer lists and rights to sell$75,424 $76,581 $28,542 $25,394
Trademarks, formulations and product technology 33,561 33,025 15,987 14,309
Other 5,962 6,114 5,606 5,514
Total definite-lived intangible assets$114,947 $115,720 $50,135 $45,217

The Company recorded $1.8 million and $5.5 million of amortization expense for the three and nine months ended September 30, 2018, respectively. Comparatively, the Company recorded $1.9 million and $5.5 million of amortization expense for the three and nine months ended September 30, 2017, respectively. Estimated annual aggregate amortization expense for the current year and subsequent five years is as follows:

For the year ended December 31, 2018$7,373
For the year ended December 31, 20197,211
For the year ended December 31, 20206,928
For the year ended December 31, 20216,571
For the year ended December 31, 20226,414
For the year ended December 31, 20236,193

The Company has two indefinite-lived intangible assets totaling $1.1 million for trademarks as of September 30, 2018 and December 31, 2017.