Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and other intangible assets, net of accumulated amortization, at June 30, 2019 and December 31, 2018 are as follows (in thousands):



	June 30, 2019		December 31, 2018
Goodwill	$	657,656	$	647,077
Other intangible assets, net	851,066		870,517
Total goodwill and other intangible assets, net	$	1,508,722	$	1,517,594

The changes in the carrying amount of goodwill for the six months ended June 30, 2019 were as follows (in thousands):



	Six months ended June 30, 2019
Goodwill, beginning of period	$	647,077
Goodwill adjustments related to businesses acquired	10,682
Currency translation effect on foreign goodwill balances	(103		)
Goodwill, end of period	$	657,656

The components of other intangible assets were as follows (in thousands):



	Total estimated life (years)	June 30, 2019			December 31, 2018
Non-amortizable—indefinite lived:
Brand/trade names		$	442,221		$	442,299
Amortizable:
Non-compete agreements	4	2,630			2,630
Dealer/customer related	5-20	506,780			506,401
Developed technology	5-7	13,311			13,323
Total amortizable		522,721			522,354
Less: Accumulated amortization		(113,876		)	(94,136		)
Net amortized other intangible assets		408,845			428,218
Total other intangible assets, net		$	851,066		$	870,517

Amortization expense for intangible assets for the three months ended June 30, 2019 and 2018 was $10,250,000 and $6,058,000, respectively. Estimated amortization expense for the remainder of 2019 through 2024 is as follows: 2019 (remainder), $20,563,000; 2020, $35,991,000; 2021, $33,204,000; 2022, $28,233,000; 2023, $25,703,000; 2024, $25,157,000; and after 2024, $239,994,000. The preceding expected amortization expense is an estimate and actual amounts could differ due to additional intangible asset acquisitions, changes in foreign currency rates or impairment of intangible assets.