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Goodwill and Other Intangible Assets (Tables)
 3 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill We are continuing to amortize certain patents, trade names, customer relationships, customer contracts and technology assets that have finite lives. The gross carrying value, accumulated amortization and net values of intangible assets and goodwill as of June 30, 2020 and December 31, 2019, were as follows:
As of June 30, 2020
Weighted average amortization life
in years
Gross carrying amount
Accumulated amortization
Net carrying amount
(in thousands)
Amortized intangible assets:
AEC Trademarks and trade names
6-15
$208  $(143) $65  
AEC Technology
10-15
6,262  (696) 5,566  
AEC Intellectual property
151,250  (48) 1,202  
AEC Customer contracts
617,471  (12,383) 5,088  
AEC Customer relationships
8-15
51,621  (13,885) 37,736  
AEC Other intangibles
5322  (273) 49  
Total amortized intangible assets
$77,134  $(27,428) $49,706  
Unamortized intangible assets:
MC Goodwill
$67,689  $—  $67,689  
AEC Goodwill
113,613  —  113,613  
Total unamortized intangible assets:
$181,302  $—  $181,302  
As of December 31, 2019
Weighted average amortization life
in years
Gross carrying amount
Accumulated amortization
Net carrying amount
(in thousands)
Amortized intangible assets:
AEC Trademarks and trade names
6-15
$208  $(135) $73  
AEC Technology
10-15
6,191  (387) 5,804  
AEC Intellectual property
151,250  (7) 1,243  
AEC Customer contracts
617,471  (10,927) 6,544  
AEC Customer relationships
8-15
51,255  (12,108) 39,147  
AEC Other intangibles
5322  (241) 81  
Total amortized intangible assets
$76,697  $(23,805) $52,892  
Unamortized intangible assets:
MC Goodwill
$67,672  $—  $67,672  
AEC Goodwill
113,262  —  113,262  
Total unamortized intangible assets:
$180,934  $—  $180,934  

The changes in intangible assets, net and goodwill from December 31, 2019 to June 30, 2020, were as follows:
(in thousands)
December 31,
2019
Other
Changes
Amortization
Currency
Translation
June 30,
2020
Amortized intangible assets:
AEC Trademarks and trade names
$73  $—  $(8) $—  $65  
AEC Technology
5,804  —  (309) 71  5,566  
AEC Intellectual property
1,243  —  (41) —  1,202  
AEC Customer contracts
6,544  —  (1,456) —  5,088  
AEC Customer relationships
39,147  329  (1,744) 4  37,736  
AEC Other intangibles
81  —  (32) —  49  
Total amortized intangible assets
$52,892  $329  $(3,590) $75  $49,706  
Unamortized intangible assets:
MC Goodwill
$67,672  $—  $—  $17  $67,689  
AEC Goodwill
113,262  335  —  16  113,613  
Total unamortized intangible assets:
$180,934  $335  $—  $33  $181,302  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated amortization expense of intangibles for the years ending December 31, 2020 through 2024, is as follows:
Year
Annual amortization
(in thousands)
2020$7,200  
20217,100  
20224,900  
20234,200  
20244,200