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Goodwill and Intangible Assets (Tables) | 9 Months Ended
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Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill | The changes in the carrying amount of goodwill and accumulated impairment (loss) during the nine months ended September 30, 2014 and twelve months ended December 31, 2013 were as follows:
|  | 2014 |  |  | 2013 |
|  | Gross Carrying Amount |  |  | Accumulated Impairment (Loss) |  |  | Net |  |  | Gross Carrying Amount |  |  | Accumulated Impairment (Loss) |  |  | Net |
Beginning balance at January 1 |  | $ | 290,323 |  |  | $ | (139,414 | ) |  | $ | 150,909 |  |  | $ | 290,147 |  |  | $ | (139,414 | ) |  | $ | 150,733 |
Acquired goodwill(1) |  |  | 41,993 |  |  |  | — |  |  |  | 41,993 |  |  |  | — |  |  |  | — |  |  |  | — |
Foreign currency translation |  |  | 223 |  |  |  | — |  |  |  | 223 |  |  |  | 176 |  |  |  | — |  |  |  | 176 |
Ending balance at September 30, 2014 and December 31, 2013 |  | $ | 332,539 |  |  | $ | (139,414 | ) |  | $ | 193,125 |  |  | $ | 290,323 |  |  | $ | (139,414 | ) |  | $ | 150,909 |
(1) | During the second quarter of 2014, the Company recorded $41,612 of goodwill related to the May 30, 2014 GP acquisition. During the first quarter of 2014, the Company recorded a purchase accounting adjustment for $381 related to the March 12, 2013 purchase of Alter S.r.l.
Goodwill Associated with Reportable Segments | Goodwill associated with each of our reportable segments is as follows:
|  | September 30, 2014 |  |  | December 31, 2013 |
Reportable segment: |  |  |  |  |  |  |  |
Advanced Manufacturing Capital Equipment |  | $ | 184,234 |  |  | $ | 142,065 |
Analytical Solutions Group |  |  | 8,668 |  |  |  | 8,668 |
Europe Region Sales & Service |  |  | — |  |  |  | — |
Asia Region Sales & Service |  |  | — |  |  |  | — |
Foreign currency translation |  |  | 223 |  |  |  | 176 |
Total goodwill |  | $ | 193,125 |  |  | $ | 150,909 |
Intangible Assets | Components of the Company’s intangible assets are comprised of the following:
As of September 30, 2014: |  | Gross |  |  | Accumulated Amortization |  |  | Foreign Currency Translation |  |  | Net |
Completed technology (1) |  | $ | 100,380 |  |  | $ | (79,263 | ) |  | $ | 490 |  |  | $ | 21,607 |
Customer relationships (1) |  |  | 35,821 |  |  |  | (11,612 | ) |  |  | 588 |  |  |  | 24,797 |
Patents, trademarks, trade names and other (1) |  |  | 27,536 |  |  |  | (25,193 | ) |  |  | 65 |  |  |  | 2,408 |
|  | $ | 163,737 |  |  | $ | (116,068 | ) |  | $ | 1,143 |  |  | $ | 48,812 |
(1) | During the nine months ended September 30, 2014, the Company recorded $38,850 of separately identified intangible assets of which $15,700 was completed technology, $21,250 was customer relationships and $1,900 was trademarks and trade names, relating to the May 30, 2014 GP acquisition.
As of December 31, 2013: |  | Gross |  |  | Accumulated Amortization |  |  | Foreign Currency Translation |  |  | Net |
Completed technology |  | $ | 84,680 |  |  | $ | (78,072 | ) |  | $ | 519 |  |  | $ | 7,127 |
Customer relationships |  |  | 14,571 |  |  |  | (9,831 | ) |  |  | 454 |  |  |  | 5,194 |
Patents, trademarks, trade names and other |  |  | 25,636 |  |  |  | (24,951 | ) |  |  | 84 |  |  |  | 769 |
|  | $ | 124,887 |  |  | $ | (112,854 | ) |  | $ | 1,057 |  |  | $ | 13,090 |
Estimated Amortization Expense | Aggregate amortization expense related to acquired intangibles for the three and nine months ended September 30, 2014 were $1,760 and $3,214, respectively. Aggregate amortization expense related to acquired intangibles for the three and nine months ended September 30, 2013 were $361 and $1,537, respectively. Estimated amortization expense for each of the remaining fiscal years is as follows:
Year |  | Amount |
2014 (remaining) |  | $ | 1,777 |
2015 |  |  | 6,555 |
2016 |  |  | 6,306 |
2017 |  |  | 6,268 |
2018 |  |  | 6,260 |
2019 |  |  | 6,214 |
Thereafter |  |  | 15,432 |

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