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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Finite-Lived and Indefinite-Lived 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