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Goodwill and Other Intangibles (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill and Other Intangibles  
Changes in the carrying amount of goodwill by reportable segment

The following table presents the changes in the carrying amount of goodwill by reportable segment for the year ended December 31, 2012 (dollars in thousands). There was no goodwill activity for 2013.

 
  U.S.
Operations
  European
Operations
  Asia Pacific
Operations
  Total  

Balance at December 31, 2011

  $ 245,105   $ 28,486   $ 701   $ 274,292  

2012 Activity:

                         

Impairment losses

    (245,103 )   (28,481 )   (701 )   (274,285 )

Currency translation adjustment

    (2 )   (5 )       (7 )
                   

Balance at December 31, 2012

  $   $   $   $  
                   
                   
Summary of acquired other intangible assets

Acquired other intangible assets consisted of the following at December 31, 2013 and 2012 (dollars in thousands):

 
  2013   2012    
 
 
  Gross Carrying
Amount
  Accumulated
Amortization
  Gross Carrying
Amount
  Accumulated
Amortization
  Useful
Lives
(Years)
 

Trade names

  $ 8,400   $   $ 10,400   $ 2,000      

Customer-related intangibles

    27,851     8,923     27,851     6,712     13.1  

Proprietary software

    21,501     17,921     21,501     16,106     6.4  

Trading rights

    243         243          

Other

    50         50          
                         

Total

  $ 58,045   $ 26,844   $ 60,045   $ 24,818        
                         
                         
Schedule of future amortization expense for acquired other intangibles

The Company's estimate of future amortization expense for acquired other intangibles that exist at December 31, 2013 is as follows (dollars in thousands):

Year
  Estimated
Amortization
 

2014

    4,087  

2015

    2,654  

2016

    2,654  

2017

    2,500  

2018

    2,294  

Thereafter

    8,320  
       

Total

  $ 22,509