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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following is the summary of changes to the Company's Goodwill for the six months ended June 30, 2016:
(in thousands)
 
Balance at December 31, 2015
$
75,509

Goodwill acquired

Translation adjustments
410

Balance at June 30, 2016
$
75,919

Schedule of Definite and Indefinite Lived Intangible Assets
The following is a summary of the Company's definite and indefinite-lived intangible assets net of the accumulated amortization:
 
(in thousands)
Estimated Useful Lives
June 30,
2016
December 31, 2015
Definite:
 
 
 
 
 
 
 
   Trade names and trademarks
25 years
 
$
21,962

 
 
$
21,878

 
   Customer and dealer relationships
14 years
 
28,970

 
 
28,715

 
   Patents and drawings
12 years
 
1,921

 
 
1,893

 
      Total at cost
 
 
52,853

 
 
52,486

 
   Less accumulated amortization
 
 
(6,629
)
 
 
(5,036
)
 
       Total net
 
 
46,224

 
 
47,450

 
Indefinite:
 
 
 
 
 
 
 
   Trade names and trademarks
 
 
5,500

 
 
5,500

 
Total Intangible Assets
 
 
$
51,724

 
 
$
52,950