Goodwill and Intangible Assets, Net

3 Months Ended

Mar. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets, Net

Goodwill and Intangible Assets, Net

Goodwill at the dates indicated was as follows: 

	At March 31,				At December 31,
(in thousands)	2019		2018		2018
North America	$	96,491	$	95,677	$	96,435
Europe	33,867		40,883		32,471
Asia/Pacific	1,354		1,466		1,344
Total	$	131,712	$	138,026	$	130,250

Intangible assets, net, at the dates indicated were as follows: 

	At March 31, 2019
	Gross					Net
	Carrying		Accumulated			Carrying
(in thousands)	Amount		Amortization			Amount
North America	$	30,824	$	(16,795	)	$	14,029
Europe	23,435		(13,316		)	10,119
Total	$	54,259	$	(30,111	)	$	24,148

	At March 31, 2018
	Gross					Net
(in thousands)	Carrying Amount		Accumulated Amortization			Carrying Amount
North America	$	30,715	$	(14,472	)	$	16,243
Europe	24,112		(12,053		)	12,059
Total	$	54,827	$	(26,525	)	$	28,302

	At December 31, 2018
	Gross					Net
(in thousands)	Carrying Amount		Accumulated Amortization			Carrying Amount
North America	$	30,825	$	(16,002	)	$	14,823
Europe	22,353		(12,774		)	9,579
Total	$	53,178	$	(28,776	)	$	24,402

Intangible assets consist of definite-lived and indefinite-lived assets. Definite-lived intangible assets include customer relationships, patents, unpatented technology and non-compete agreements. Amortization expense of definite-lived intangible assets during the three months ended March 31, 2019 and 2018 was $1.3 million and $1.3 million, respectively. The only indefinite-lived intangible asset, consisting of a trade name, totaled $0.6 million at March 31, 2019.

At March 31, 2019, the estimated future amortization of definite-lived intangible assets was as follows: 

(in thousands)
Remaining nine months of 2019	$	4,059
2020	5,381
2021	4,902
2022	3,039
2023	2,235
2024	1,267
Thereafter	2,649
	$	23,532

The changes in the carrying amount of goodwill and intangible assets for the three months ended March 31, 2019, were as follows: 

				Intangible
(in thousands)	Goodwill			Assets
Balance at December 31, 2018	$	130,250		$	24,402
Acquisitions	1,815			1,213
Amortization	—			(1,337		)
Foreign exchange	(353		)	(130		)
Balance at March 31, 2019	$	131,712		$	24,148