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Goodwill And Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule Of Goodwill And Other Intangibles
The components of goodwill and identifiable intangibles at December 31, 2018 and 2017, and related amortization periods for continuing operations are as follows:
(In thousands)
 
2018
 
2017
 
Amortization Periods
Goodwill
$
81,404

 
$
128,208

 
Not amortized
Identifiable intangible assets:
 
 
 
 
 
Customer relationships (cost basis of $29,568 in 2018 and $29,647 in 2017)
22,785

 
25,444

 
10-12 years
Proprietary technology (cost basis of $6,185 in 2018 and $6,203 in 2017)
1,093

 
1,700

 
Not more than 15 years
Trade names (cost basis of $13,690 in 2018 and $13,887 in 2017)
12,417

 
13,408

 
5 - 13 years(a)
Total carrying value of identifiable intangibles
36,295

 
40,552

 
 
Total carrying value of goodwill and identifiable intangible assets
$
117,699

 
$
168,760

 
 
A reconciliation of the beginning and ending balance of identifiable intangibles for each of the two years in the period ended December 31, 2018 is as follows:
(In thousands)
 Customer Relationships
 
 Proprietary Technology
 
 Trade Names
 
 Total
PE Films:
 
 
 
 
 
 
 
 
Net carrying value at January 1, 2017
$
—

 
$
959

 
$
—

 
$
959

 
 
Amortization expense
—

 
(114
)
 
—

 
(114
)
 
Net carrying value at December 31, 2017
—

 
845

 
—

 
845

 
 
Amortization expense
—

 
(115
)
 
—

 
(115
)
 
Net carrying value at December 31, 2018
$
—

 
$
730

 
$
—

 
$
730

 
 
 
 
 
 
 
 
 
 
Flexible Packaging Films:
 
 
 
 
 
 
 
 
Net carrying value at January 1, 2017
$
12,084

 
$
5,574

 
$
6,375

 
$
24,033

 
 
Amortization expense
(1,793
)
 
(1,161
)
 
—

 
(2,954
)
 
 
Increase (decrease) due to foreign currency translation
(16
)
 
(2
)
 
(33
)
 
(51
)
 
 
Impairment loss
(9,444
)
 
(4,051
)
 
(4,005
)
 
(17,500
)
 
Net carrying value at December 31, 2017
831

 
360

 
2,337

 
3,528

 
 
Amortization expense
(82
)
 
(55
)
 
(299
)
 
(436
)
 
 
Increase (decrease) due to foreign currency translation
(88
)
 
(17
)
 
(176
)
 
(281
)
 
Net carrying value at December 31, 2018
$
661

 
$
288

 
$
1,862

 
$
2,811

 
 
 
 
 
 
 
 
 
 
Aluminum Extrusions:
 
 
 
 
 
 
 
 
Net carrying value at January 1, 2017
$
2,760

 
$
1,049

 
$
4,800

 
$
8,609

 
 
Additions related to acquisition of Futura
24,000

 
—

 
6,700

 
30,700

 
 
Amortization expense
(2,147
)
 
(554
)
 
(429
)
 
(3,130
)
 
Net carrying value at December 31, 2017
24,613

 
495

 
11,071

 
36,179

 
 
Amortization expense
(2,489
)
 
(420
)
 
(516
)
 
(3,425
)
 
Net carrying value at December 31, 2018
$
22,124

 
$
75

 
$
10,555

 
$
32,754

 
 
 
 
 
 
 
 
 
 
Total net carrying value of identifiable intangibles at December 31, 2018
$
22,785

 
$
1,093

 
$
12,417

 
$
36,295
Reconciliation Of The Beginning And Ending Balance Of Goodwill
A reconciliation of the beginning and ending balance of goodwill for each of the two years in the period ended December 31, 2018 is as follows:
(In thousands)
 
PE Films
 
Aluminum Extrusions
 
Total
Net carrying value of goodwill at January 1, 2017
$
104,126

 
$
13,696

 
$
117,822

Acquisitions
—

 
10,370

 
10,370

Increase (decrease) due to foreign currency translation
16

 
—

 
16

Net carrying value of goodwill at December 31, 2017
104,142

 
24,066

 
128,208

Goodwill impairment charge
(46,792
)
 
—

 
(46,792
)
Increase (decrease) due to foreign currency translation
(12
)
 
—

 
(12
)
Net carrying value of goodwill at December 31, 2018
$
57,338

 
$
24,066

 
$
81,404
Schedule Of Expected Amortization Expense
Amortization expense for continuing operations over the next five years is expected to be as follows:
Year
Amount
(In thousands)
2019
$
3,585

2020
3,585

2021
3,585

2022
3,450

2023
2,824