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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following is the summary of changes to the Company's Goodwill for the three months ended March 31, 2017:
(in thousands)
 
Balance at December 31, 2016
$
74,825

Goodwill acquired

Translation adjustments
473

Balance at March 31, 2017
$
75,298

Schedule of Definite and Indefinite Lived Intangible Assets
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
March 31,
2017
December 31, 2016
Definite:
 
 
 
 
 
 
 
   Trade names and trademarks
25 years
 
$
21,925

 
 
$
21,914

 
   Customer and dealer relationships
14 years
 
28,856

 
 
28,822

 
   Patents and drawings
3-12 years
 
1,958

 
 
1,954

 
      Total at cost
 
 
52,739

 
 
52,690

 
   Less accumulated amortization
 
 
(8,937
)
 
 
(8,152
)
 
       Total net
 
 
43,802

 
 
44,538

 
Indefinite:
 
 
 
 
 
 
 
   Trade names and trademarks
 
 
5,500

 
 
5,500

 
Total Intangible Assets
 
 
$
49,302

 
 
$
50,038