XML 52 R29.htm IDEA: XBRL DOCUMENT v2.4.1.9
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of changes in carrying amount of goodwill
The changes in the carrying amount of goodwill for the years ended December 31, 2014 and 2013 are as follows (in thousands):
 
2014
 
2013
Balance as of beginning of year
$
126,697

 
$
56,324

Goodwill acquired during the period
7,456

 
66,085

Currency translation effect on foreign goodwill balances
(11,122
)
 
4,288

Balance as of end of year
$
123,031

 
$
126,697

Schedule of other intangible assets, changes in net carrying amount
For other intangible assets, the changes in the net carrying amount for the years ended December 31, 2014 and 2013 are as follows (in thousands):
 
2014
 
2013
 
Gross
Amount
 
Accumulated
Amortization
 
Gross
Amount
 
Accumulated
Amortization
Other intangible assets, beginning
$
116,279

 
$
(13,268
)
 
$
54,907

 
$
(4,015
)
Intangible assets acquired during the period
16,050

 

 
57,388

 

Amortization expense

 
(11,599
)
 

 
(9,178
)
Currency translation effect on foreign balances
(8,236
)
 
1,709

 
3,984

 
(75
)
Other intangible assets, ending
$
124,093

 
$
(23,158
)
 
$
116,279

 
$
(13,268
)
Schedule of components of other intangible assets
The components of other intangible assets were as follows (in thousands):
December 31, 2014
Estimated Life
(Years)
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net
Non-compete agreements
5
 
$
540

 
$
(293
)
 
$
247

Dealer/customer related
7
 
62,758

 
(16,361
)
 
46,397

Developed technology
5-7
 
14,571

 
(6,504
)
 
8,067

Total amortizable
 
 
77,869

 
(23,158
)
 
54,711

Non-amortizable—brand/trade names
 
 
46,224

 

 
46,224

Total other intangible assets, net
 
 
$
124,093

 
$
(23,158
)
 
$
100,935

 
 
 
 
 
 
 
 
December 31, 2013
Estimated Life
(Years)
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net
Non-compete agreements
5
 
$
540

 
$
(185
)
 
$
355

Dealer/customer related
7
 
59,244

 
(8,608
)
 
50,636

Developed technology
5-7
 
15,307

 
(4,475
)
 
10,832

Total amortizable
 
 
75,091

 
(13,268
)
 
61,823

Non-amortizable—brand/trade names
 
 
41,188

 

 
41,188

Total other intangible assets, net
 
 
$
116,279

 
$
(13,268
)
 
$
103,011