Definite and Indefinite Lived Intangible Assets

9 Months Ended

Sep. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Definite and Indefinite Lived Intangible Assets

Definite and Indefinite Lived Intangible Assets

The Company has estimated the value of the definite lived assets related to the acquisitions made during the second quarter of 2014. The following is a summary of the Company's definite and indefinite lived intangible assets net of the accumulated amortization:

(in thousands)	Estimated Useful Lives	September 30, 2014			December 31, 2013
Definite:
Trade names and trademarks	25 years		$	16,958		—
Customer and dealer relationships	17 years		33,917			—
Patents and drawings	12 years		5,653			—
Total Definite			56,528			—
Indefinite:
Trade names and trademarks			5,500			5,500
Total Intangible Assets			$	62,028		$	5,500

As of September 30, 2014, the related accumulated amortization balance was $203,000 for trade names and trademarks, $405,000 for customer and dealer relationships, and $68,000 for Patents and drawings.