GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of changes in goodwill by business segment

An analysis of changes in the Company’s goodwill by business segment is as follows (in millions):

	AWP		MP		Total
Balance at December 31, 2019, gross	$	139.3	$	192.4	$	331.7
Accumulated impairment	(38.6)		(23.2)		(61.8)
Balance at December 31, 2019, net	100.7		169.2		269.9
Foreign exchange effect and other	(0.6)		(8.1)		(8.7)
Balance at June 30, 2020, gross	138.7		184.3		323.0
Accumulated impairment	(38.6)		(23.2)		(61.8)
Balance at June 30, 2020, net	$	100.1	$	161.1	$	261.2

Schedule of intangible assets by class

Intangible assets, net were comprised of the following (in millions):

		June 30, 2020						December 31, 2019
	Weighted Average Life (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Definite-lived intangible assets:
Technology	7	$	9.4	$	(8.9)	$	0.5	$	9.4	$	(8.8)	$	0.6
Customer Relationships	22	25.6		(23.2)		2.4		25.6		(22.8)		2.8
Land Use Rights	81	4.2		(0.7)		3.5		4.3		(0.7)		3.6
Other	8	25.1		(22.7)		2.4		25.1		(22.4)		2.7
Total definite-lived intangible assets		$	64.3	$	(55.5)	$	8.8	$	64.4	$	(54.7)	$	9.7

Finite-lived Intangible Assets Amortization Expense

	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2020		2019		2020		2019
Aggregate Amortization Expense	$	0.5	$	0.5	$	0.9	$	0.9

Schedule of intangible assets amortization expense

Estimated aggregate intangible asset amortization expense (in millions) for each of the next five years is as follows:

2020	$	1.4
2021	$	1.3
2022	$	1.3
2023	$	0.8
2024	$	0.6