Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying amount of goodwill and accumulated impairment losses 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		(521	)		—			(521	)		176		—			176

Ending balance at December 31	$	331,795		$	(139,414	)	$	192,381		$	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 the Company’s reportable segments is as follows:


	Years Ended December 31,
	2014			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		(521	)		176

Total goodwill	$	192,381		$	150,909

Intangible Assets

Components of the Company’s acquired intangible assets are comprised of the following:


As of December 31, 2014	Gross		Accumulated Amortization			Foreign Currency Translation		Net
Completed technology(1)	$	100,380	$	(79,875	)	$	135	$	20,640
Customer relationships(1)		35,821		(12,634	)		280		23,467
Patents, trademarks, trade names and other(1)		27,536		(25,290	)		36		2,282

	$	163,737	$	(117,799	)	$	451	$	46,389

(1)	During 2014 the Company recorded $38,850 of separately identified intangible assets relating to the May 30, 2014 GP acquisition, of which $15,700 was completed technology, $21,250 was customer relationships and $1,900 was trademarks and trade names.


As of December 31, 2013	Gross		Accumulated Amortization			Foreign Currency Translation		Net
Completed technology(1)	$	84,680	$	(78,072	)	$	519	$	7,127
Customer relationships		14,571		(9,831	)		454		5,194
Patents, trademarks, trade names and other (1)		25,636		(24,951	)		84		769

	$	124,887	$	(112,854	)	$	1,057	$	13,090

(1)

During 2013, the Company purchased $268 of net assets of which $388 was completed technology. In March 2013, the Company purchased Alter for $2,426, net of cash acquired. The Company recorded $2,806 of separately identified intangible assets, of which $2,208 was completed technology and $598 was trademarks and trade names.

Estimated Amortization Expense

Aggregate amortization expense related to acquired intangible assets for future years is:


Year	Amount
2015	$	6,451
2016		6,226
2017		6,173
2018		6,164
2019		6,121
Thereafter		15,254