Goodwill and Intangible Assets, Net

3 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill at the dates indicated was as follows:



	At June 30,				At December 31,
(in thousands)	2020		2019		2019
North America	$	96,099	$	96,546	$	96,244
Europe	34,929		34,426		34,300
Asia/Pacific	1,307		1,340		1,335
Total	$	132,335	$	132,312	$	131,879

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



	At June 30, 2020
	Gross					Net
	Carrying		Accumulated			Carrying
(in thousands)	Amount		Amortization			Amount
North America	$	33,755	$	(20,898	)	$	12,857
Europe	25,582		(16,300		)	9,282
Total	$	59,337	$	(37,198	)	$	22,139



	At June 30, 2019
	Gross					Net
(in thousands)	Carrying Amount		Accumulated Amortization			Carrying Amount
North America	$	30,824	$	(17,586	)	$	13,238
Europe	23,599		(13,846		)	9,753
Total	$	54,423	$	(31,432	)	$	22,991



	At December 31, 2019
	Gross					Net
(in thousands)	Carrying Amount		Accumulated Amortization			Carrying Amount
North America	$	33,756	$	(19,173	)	$	14,583
Europe	25,500		(15,012		)	10,488
Total	$	59,256	$	(34,185	)	$	25,071

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 was $1.6 million and $1.3 million for the three months ended June 30, 2020 and 2019, respectively, and was $3.0 million and $2.7 million for the six months ended June 30, 2020 and 2019, respectively. The weighted-average amortization period for all amortizable intangibles on a combined basis is 5.5 years.

The only indefinite-lived intangible asset, consisting of a trade name, totaled $0.6 million at June 30, 2020.

At June 30, 2020, the estimated future amortization of definite-lived intangible assets was as follows:



(in thousands)

Remaining six months of 2020	$	2,971
2021	5,430
2022	3,442
2023	2,621
2024	1,671
2025	1,425
Thereafter	3,963
	$	21,523

The changes in the carrying amount of goodwill and intangible assets for the six months ended June 30, 2020, were as follows:



			Intangible
(in thousands)	Goodwill		Assets
Balance at December 31, 2019	$	131,879	$	25,071
Amortization	—		(3,013		)
Foreign exchange	456		81
Balance at June 30, 2020	$	132,335	$	22,139