Goodwill and Other Intangibles (Tables)

9 Months Ended

Sep. 30, 2018

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 the Company’s European Operations segment for the nine months ended September 30, 2018 (dollars in thousands):

	Total
Balance at December 31, 2017	$	11,054
Currency translation adjustment		(398)
Balance at September 30, 2018	$	10,656

Summary of acquired other intangible assets

Acquired other intangible assets consisted of the following at September 30, 2018 and December 31, 2017 (dollars in thousands):

	September 30, 2018				December 31, 2017
	Gross Carrying		Accumulated		Gross Carrying		Accumulated		UsefulLives
	Amount		Amortization		Amount		Amortization		(Years)
Trade name	$	8,524	$	—	$	8,529	$	—	—
Customer-related intangibles		9,665		6,154		10,217		6,219	17.0
Proprietary software		23,256		22,474		23,321		22,197	8.5
Trading rights		339		—		339		—	—
Other		50		—		50		—	—
Total	$	41,834	$	28,628	$	42,456	$	28,416

Schedule of changes in the carrying amount of net intangible assets

The following table represents the changes in the carrying amount of net intangible assets for the nine months ended September 30, 2018 (dollars in thousands):

	Total
Balance at December 31, 2017	$	14,040
Amortization		(762)
Currency translation adjustment		(72)
Balance at September 30, 2018	$	13,206