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Goodwill and Other Intangibles (Table)
6 Months Ended
Jun. 30, 2015
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 our European Operations segment for the six months ended June 30, 2015 (dollars in thousands):

                                                                                                                                                                                                             

 

 

Total

 

Balance at December 31, 2014

 

$

12,803 

 

2015 Activity:

 

 

 

Currency translation adjustment

 

142 

 

 

 

 

 

Balance at June 30, 2015

 

$

12,945 

 

 

 

 

 

 

 

Summary of acquired other intangible assets

 

Acquired other intangible assets consisted of the following at June 30, 2015 and December 31, 2014 (dollars in thousands):

 

 

 

June 30, 2015

 

December 31, 2014

 

 

 

 

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Useful Lives
(Years)

 

Trade name

 

$

8,545 

 

$

 

$

8,545 

 

$

 

 

Customer-related intangibles

 

30,272 

 

12,398 

 

30,272 

 

11,210 

 

13.3 

 

Proprietary software

 

23,558 

 

20,381 

 

23,558 

 

19,959 

 

6.3 

 

Trading rights

 

339 

 

 

339 

 

 

 

Other

 

50 

 

 

50 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

62,764 

 

$

32,779 

 

$

62,764 

 

$

31,169