XML 40 R27.htm IDEA: XBRL DOCUMENT v3.7.0.1
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2017
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, 2017:
(in thousands)
 
Balance at December 31, 2016
$
74,825

Goodwill acquired
6,301

Translation adjustments
1,304

Balance at June 30, 2017
$
82,430

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,
2017
December 31, 2016
Definite:
 
 
 
 
 
 
 
   Trade names and trademarks
25 years
 
$
25,288

 
 
$
21,914

 
   Customer and dealer relationships
14 years
 
32,335

 
 
28,822

 
   Patents and drawings
3-12 years
 
1,974

 
 
1,954

 
      Total at cost
 
 
59,597

 
 
52,690

 
   Less accumulated amortization
 
 
(9,744
)
 
 
(8,152
)
 
       Total net
 
 
49,853

 
 
44,538

 
Indefinite:
 
 
 
 
 
 
 
   Trade names and trademarks
 
 
5,500

 
 
5,500

 
Total Intangible Assets
 
 
$
55,353

 
 
$
50,038