Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

NOTE 8 - GOODWILL AND OTHER INTANGIBLE ASSETS

Following is a summary of the Company’s finite-lived and indefinite-lived intangible assets and goodwill as of June 30, 2019 and December 31, 2018.

Six Months Ended June 30, 2019	Gross Carrying Amount		Accumulated Amortization			Currency Translation		Net Carrying Amount		Remaining Weighted Average Amortization Period
(Dollars in thousands)
Brand name	$	9,000	$	(3,891	)	$	200	$	5,309	3-4
Technology		15,000		(6,486	)		335		8,849	2-4
Customer relationships		167,000		(43,723	)		2,998		126,275	4-9
Total finite		191,000		(54,100	)		3,533		140,433
Trade names		14,000		—			233		14,233	Indefinite
Total intangibles	$	205,000	$	(54,100	)	$	3,766	$	154,666

Six Months Ended June 30, 2019	Beginning Balance		Currency Translation			Ending Balance
(Dollars in thousands)
Goodwill	$	291,434	$	(1,603	)	$	289,831

Year Ended December 31, 2018	Gross Carrying Amount		Accumulated Amortization			Currency Translation		Net Carrying Amount		Remaining Weighted Average Amortization Period
(Dollars in thousands)
Brand name	$	9,000	$	(2,979	)	$	237	$	6,258	4-5
Technology		15,000		(4,964	)		394		10,430	3-5
Customer relationships		167,000		(33,468	)		3,823		137,355	5-10
Total finite		191,000		(41,411	)		4,454		154,043
Trade names		14,000		—			326		14,326	Indefinite
Total intangibles	$	205,000	$	(41,411	)	$	4,780	$	168,369

	Beginning Balance		Currency Translation			Ending Balance
Year Ended December 31, 2018 (Dollars in thousands)
Goodwill	$	304,805	$	(13,371	)	$	291,434

Amortization expense for these intangible assets was $6.7 million and $6.4 millionfor the quarters ended June 30, 2019 and 2018, respectively. Amortization for the first half of the year was $13.5 million and $13.4 millionfor June 30, 2019 and 2018, respectively. The anticipated annual amortization expense for these intangible assets is $25.0 million for 2019 to 2021, $22.2 million for 2022 and $20.2 million for 2023.