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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 2019
Goodwill and Intangible Assets [Abstract] |
Goodwill and Intangible Assets | 4. Goodwill and intangible assets The composition of goodwill and intangible assets is as follows:
|  | June 30, |  | December 31,
|  | 2019 |  | 2018
|  | (In thousands)
Goodwill |  | $ 90,375 |  | $ 88,883
Intangible assets with indefinite lives |  |  |  |
- Trademarks |  | 8,763 |  | 8,584
Amortizable intangible assets |  |  |  |
- Licenses and others |  | 5,415 |  | 5,406
- Non-compete agreement |  | 2,803 |  | 3,028
- Customer list |  | 14,915 |  | 14,897
- Trademarks |  | 4,680 |  | 4,565
Total intangible assets |  | $ 36,576 |  | $ 36,480
Accumulated amortization |  | (19,768) |  | (17,899)
Total intangible assets, net |  | $ 16,808 |  | $ 18,581
Goodwill The changes in the carrying amount of goodwill for the six-month period ended June 30, 2019 and the year ended December 31, 2018 are as follows:
|  | Period Ended June 30, 2019
|  | Brazil |  | Argentina |  | Mexico |  | Chile |  |  | Colombia |  | Other Countries |  | Total
|  | (In thousands)
Balance, beginning of the period |  | $ 30,069 |  | $ 6,946 |  | $ 31,340 |  | $ 16,014 |  |  | $ 3,339 |  | $ 1,175 |  | $ 88,883
Purchase price allocations adjustments |  | — |  | 45 |  | — |  | — |  |  | — |  | — |  | 45
Effect of exchange rates changes |  | 287 |  | — |  | 738 |  | 370 |  |  | 44 |  | 8 |  | 1,447
Balance, end of the period |  | $ 30,356 |  | $ 6,991 |  | $ 32,078 |  | $ 16,384 |  |  | $ 3,383 |  | $ 1,183 |  | $ 90,375
|  | Year Ended December 31, 2018
|  | Brazil |  | Argentina |  | Mexico |  | Chile |  |  | Colombia |  | Other Countries |  | Total
|  | (In thousands)
Balance, beginning of the year |  | $ 32,492 |  | $ 5,761 |  | $ 30,396 |  | $ 18,805 |  |  | $ 3,632 |  | $ 1,193 |  | $ 92,279
- Business acquisitions |  | 3,110 |  | 3,175 |  | 543 |  | 61 |  |  | 80 |  | 53 |  | 7,022
- Effect of exchange rates changes |  | (5,533) |  | (1,990) |  | 401 |  | (2,852) |  |  | (373) |  | (71) |  | (10,418)
Balance, end of the year |  | $ 30,069 |  | $ 6,946 |  | $ 31,340 |  | $ 16,014 |  |  | $ 3,339 |  | $ 1,175 |  | $ 88,883
Intangible assets with definite useful life Intangible assets with definite useful life are comprised of customer lists, non-compete and non-solicitation agreements, acquired software licenses, and other acquired intangible assets including developed technologies and trademarks. Aggregate amortization expense for intangible assets totaled $919 thousands and $1,656 thousands for the three-month periods ended June 30, 2019 and 2018, respectively, while aggregate amortization expense for intangible assets for the six-month periods ended June 30, 2019 and 2018 amounted to $2,149 thousands and $3,328 thousands, respectively. The following table summarizes the remaining amortization of intangible assets (in thousands of U.S. dollars) with definite useful life as of June 30, 2019:
For year ended 12/31/2019 |  | $ 2,069
For year ended 12/31/2020 |  | 2,396
For year ended 12/31/2021 |  | 1,819
For year ended 12/31/2022 |  | 1,072
Thereafter |  | 689
|  | $ 8,045

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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