XML 50 R39.htm IDEA: XBRL DOCUMENT
v3.20.2

Goodwill and Other Intangible Assets (Tables) | 3 Months Ended
--- | ---
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets and Goodwill | We are continuing to amortize certain patents, trade names, customer relationships, customer contracts and technology assets that have finite lives. The gross carrying value, accumulated amortization and net values of intangible assets and goodwill as of June 30, 2020 and December 31, 2019, were as follows:
As of June 30, 2020 | Weighted average amortization life in years | Gross carrying amount | Accumulated amortization | Net carrying amount
(in thousands) |  |  |  |
Amortized intangible assets: |  |  |  |
AEC Trademarks and trade names | 6-15 | $ | 208 |  | $ | (143) |  | $ | 65 |
AEC Technology | 10-15 | 6,262 |  | (696) |  | 5,566 |
AEC Intellectual property | 15 | 1,250 |  | (48) |  | 1,202 |
AEC Customer contracts | 6 | 17,471 |  | (12,383) |  | 5,088 |
AEC Customer relationships | 8-15 | 51,621 |  | (13,885) |  | 37,736 |
AEC Other intangibles | 5 | 322 |  | (273) |  | 49 |
Total amortized intangible assets |  | $ | 77,134 |  | $ | (27,428) |  | $ | 49,706 |
Unamortized intangible assets: |  |  |  |
MC Goodwill |  | $ | 67,689 |  | $ | — |  | $ | 67,689 |
AEC Goodwill |  | 113,613 |  | — |  | 113,613 |
Total unamortized intangible assets: |  | $ | 181,302 |  | $ | — |  | $ | 181,302 |
As of December 31, 2019 | Weighted average amortization life in years | Gross carrying amount | Accumulated amortization | Net carrying amount
(in thousands) |  |  |  |
Amortized intangible assets: |  |  |  |
AEC Trademarks and trade names | 6-15 | $ | 208 |  | $ | (135) |  | $ | 73 |
AEC Technology | 10-15 | 6,191 |  | (387) |  | 5,804 |
AEC Intellectual property | 15 | 1,250 |  | (7) |  | 1,243 |
AEC Customer contracts | 6 | 17,471 |  | (10,927) |  | 6,544 |
AEC Customer relationships | 8-15 | 51,255 |  | (12,108) |  | 39,147 |
AEC Other intangibles | 5 | 322 |  | (241) |  | 81 |
Total amortized intangible assets |  | $ | 76,697 |  | $ | (23,805) |  | $ | 52,892 |
Unamortized intangible assets: |  |  |  |
MC Goodwill |  | $ | 67,672 |  | $ | — |  | $ | 67,672 |
AEC Goodwill |  | 113,262 |  | — |  | 113,262 |
Total unamortized intangible assets: |  | $ | 180,934 |  | $ | — |  | $ | 180,934 |
The changes in intangible assets, net and goodwill from December 31, 2019 to June 30, 2020, were as follows:
(in thousands) | December 31, 2019 | Other Changes | Amortization | Currency Translation | June 30, 2020
Amortized intangible assets: |  |  |  |  |
AEC Trademarks and trade names | $ | 73 |  | $ | — |  | $ | (8) |  | $ | — |  | $ | 65 |
AEC Technology | 5,804 |  | — |  | (309) |  | 71 |  | 5,566 |
AEC Intellectual property | 1,243 |  | — |  | (41) |  | — |  | 1,202 |
AEC Customer contracts | 6,544 |  | — |  | (1,456) |  | — |  | 5,088 |
AEC Customer relationships | 39,147 |  | 329 |  | (1,744) |  | 4 |  | 37,736 |
AEC Other intangibles | 81 |  | — |  | (32) |  | — |  | 49 |
Total amortized intangible assets | $ | 52,892 |  | $ | 329 |  | $ | (3,590) |  | $ | 75 |  | $ | 49,706 |
Unamortized intangible assets: |  |  |  |  |
MC Goodwill | $ | 67,672 |  | $ | — |  | $ | — |  | $ | 17 |  | $ | 67,689 |
AEC Goodwill | 113,262 |  | 335 |  | — |  | 16 |  | 113,613 |
Total unamortized intangible assets: | $ | 180,934 |  | $ | 335 |  | $ | — |  | $ | 33 |  | $ | 181,302 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | Estimated amortization expense of intangibles for the years ending December 31, 2020 through 2024, is as follows:
Year | Annual amortization (in thousands)
2020 | $ | 7,200 |
2021 | 7,100 |
2022 | 4,900 |
2023 | 4,200 |
2024 | 4,200 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration