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Goodwill and Other Intangibles (Tables)
6 Months Ended
Jun. 30, 2016
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, 2016 (dollars in thousands):

 

 

 

Total

 

Balance at December 31, 2015

 

$

11,933

 

2016 Activity:

 

 

 

Currency translation adjustment

 

(1,343

)

 

 

 

 

Balance at June 30, 2016

 

$

10,590

 

 

 

 

 

 

 

Summary of acquired other intangible assets

 

Acquired other intangible assets consisted of the following at June 30, 2016 and December 31, 2015 (dollars in thousands):

 

 

 

June 30, 2016

 

December 31, 2015

 

 

 

 

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Useful Lives
(Years)

 

Trade name

 

$

8,545 

 

$

 

$

8,545 

 

$

 

 

Customer-related intangibles

 

10,822 

 

5,338 

 

23,322 

 

10,400 

 

14.3 

 

Proprietary software

 

23,558 

 

21,225 

 

23,558 

 

20,803 

 

6.3 

 

Trading rights

 

339 

 

 

339 

 

 

 

Other

 

50 

 

 

50 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

43,314 

 

$

26,563 

 

$

55,814 

 

$

31,203