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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Value of Goodwill

The changes in the carrying value of goodwill for the years ended December 31, 2018 and 2017, were as follows:

 

(In thousands)

 

Surfactants

Segment

 

 

Polymer

Segment

 

 

Specialty Products

Segment

 

 

Total

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Balance as of January 1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

22,627

 

 

$

22,958

 

 

$

5,475

 

 

$

5,334

 

 

$

483

 

 

$

483

 

 

$

28,585

 

 

$

28,775

 

Accumulated impairment loss

 

 

(3,467

)

 

 

(3,467

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3,467

)

 

 

(3,467

)

Goodwill, net

 

 

19,160

 

 

 

19,491

 

 

 

5,475

 

 

 

5,334

 

 

 

483

 

 

 

483

 

 

 

25,118

 

 

 

25,308

 

Goodwill acquired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill measurement period adjustment (a)

 

 

 

 

 

(120

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(120

)

Foreign currency translation

 

 

(2,106

)

 

 

(211

)

 

 

(58

)

 

 

141

 

 

 

 

 

 

 

 

 

(2,164

)

 

 

(70

)

Balance as of December 31

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

 

20,521

 

 

 

22,627

 

 

 

5,417

 

 

 

5,475

 

 

 

483

 

 

 

483

 

 

 

26,421

 

 

 

28,585

 

Accumulated impairment loss

 

 

(3,467

)

 

 

(3,467

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3,467

)

 

 

(3,467

)

Goodwill, net

 

$

17,054

 

 

$

19,160

 

 

$

5,417

 

 

$

5,475

 

 

$

483

 

 

$

483

 

 

$

22,954

 

 

$

25,118

 

(a)

See Note 20 for information regarding the goodwill acquired in a business combination.

Components of Other Intangible Assets and Changes in Gross Carrying Values

The following table presents the components of other intangible assets, all of which have finite lives, as of December 31, 2018 and 2017.  The year-over-year changes in gross carrying values mainly resulted from the effects of foreign currency translation.

 

(In thousands)

 

Gross Carrying Value

 

 

Accumulated

Amortization

 

 

 

December 31

 

 

December 31

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Other Intangible Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patents

 

$

6,947

 

 

$

6,947

 

 

$

4,492

 

 

$

3,893

 

Non-compete agreements

 

 

387

 

 

$

453

 

 

 

173

 

 

$

113

 

Trademarks

 

 

3,800

 

 

 

4,087

 

 

 

1,929

 

 

 

1,870

 

Customer lists

 

 

10,750

 

 

 

12,150

 

 

 

4,356

 

 

 

4,299

 

Supply contract

 

 

2,113

 

 

 

2,476

 

 

 

1,189

 

 

 

774

 

Know-how (a)

 

 

7,900

 

 

 

8,043

 

 

 

5,514

 

 

 

4,669

 

Total

 

$

31,897

 

 

$

34,156

 

 

$

17,653

 

 

$

15,618

 

(a)

Know-how includes intellectual property rights covering proprietary information, written formulae, trade secrets or secret processes, inventions and developmental products (whether patentable or not), discoveries, improvements, compositions, manufacturing processes, manuals, specifications and technical data

 

Estimated Amortization Expense for Identifiable Intangibles Assets Estimated amortization expense for identifiable intangibles assets for each of the five succeeding fiscal years is as follows:

 

(In thousands)

 

 

 

 

For year ended 12/31/19

 

$

3,428

 

For year ended 12/31/20

 

 

3,296

 

For year ended 12/31/21

 

 

1,967

 

For year ended 12/31/22

 

 

1,321

 

For year ended 12/31/23

 

 

1,321