XML 49 R32.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill and other intangible assets
Goodwill and other intangible assets, net of accumulated amortization, for the periods ended December 31, 2018 and 2017 are as follows (in thousands):
 
2018
 
2017
Goodwill
$
647,077

 
$
433,374

Other intangible assets, net
870,517

 
347,212

Total goodwill and other intangible assets, net
$
1,517,594

 
$
780,586

Schedule of changes in carrying amount of goodwill
The changes in the carrying amount of goodwill for the years ended December 31, 2018 and 2017 are as follows (in thousands):
 
2018
 
2017
Balance as of beginning of year
$
433,374

 
$
421,563

Goodwill from businesses acquired
218,191

 
1,563

Currency translation effect on foreign goodwill balances
(4,488
)
 
10,248

Balance as of end of year
$
647,077

 
$
433,374

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, 2018 and 2017 are as follows (in thousands):
 
2018
 
2017
 
Gross
Amount
 
Accumulated
Amortization
 
Gross
Amount
 
Accumulated
Amortization
Other intangible assets, beginning
$
423,846

 
$
(76,634
)
 
$
420,546

 
$
(49,130
)
Intangible assets acquired during the period
557,390

 

 
(461
)
 

Intangible assets disposed of during the period
(13,659
)
 
13,659

 

 

Amortization expense

 
(32,927
)
 

 
(25,855
)
Impairment

 

 
(3,657
)
 
1,987

Currency translation effect on foreign balances
(2,924
)
 
1,766

 
7,418

 
(3,636
)
Other intangible assets, ending
$
964,653

 
$
(94,136
)
 
$
423,846

 
$
(76,634
)
Schedule of components of other intangible assets
The components of other intangible assets were as follows (in thousands):
December 31, 2018
Estimated Life
(Years)
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net
Non-compete agreements
4
 
$
2,630

 
$
(329
)
 
$
2,301

Dealer/customer related
5-20
 
506,401

 
(85,614
)
 
420,787

Developed technology
5-7
 
13,323

 
(8,193
)
 
5,130

Total amortizable
 
 
522,354

 
(94,136
)
 
428,218

Non-amortizable—brand/trade names
 
 
442,299

 

 
442,299

Total other intangible assets, net
 
 
$
964,653

 
$
(94,136
)
 
$
870,517

 
 
 
 
 
 
 
 
December 31, 2017
Estimated Life
(Years)
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net
Non-compete agreements
5
 
$
540

 
$
(540
)
 
$

Dealer/customer related
5-10
 
169,694

 
(60,638
)
 
109,056

Developed technology
5-7
 
22,903

 
(15,456
)
 
7,447

Total amortizable
 
 
193,137

 
(76,634
)
 
116,503

Non-amortizable—brand/trade names
 
 
230,709

 

 
230,709

Total other intangible assets, net
 
 
$
423,846

 
$
(76,634
)
 
$
347,212