XML 90 R40.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

Goodwill and Other Intangibles (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Summary of Changes in the Carrying Amount of Goodwill, By Reportable Segment

Changes in the carrying amount of goodwill, by reportable segment, for the years ended December 31, 2019 and 2018 were as follows:

		Automotive				Industrial				Total
December 31, 2017		$	38,912			$	30,773			$	69,685
Reclassifications to assets held for sale			—				(6,844	)			(6,844	)
Impairment of goodwill (a)			—				(6,151	)			(6,151	)
Exchange rate impact			(1,379	)			—				(1,379	)
December 31, 2018		$	37,533			$	17,778			$	55,311
Stihler acquisition			—				9,816				9,816
Exchange rate impact			(595	)			40				(555	)
December 31, 2019		$	36,938			$	27,634			$	64,572

a) See Note 4, “Acquisitions and Divestitures” for a description of the impairment of goodwill.

Summary of Other Intangible Assets and Accumulated Amortization Balances

Other intangible assets and accumulated amortization balances as of December 31, 2019 and 2018 were as follows:

		Gross Carrying Value				Accumulated Amortization				Net Carrying Value
Definite-lived:
Customer relationships		$	89,208			$	(50,687	)		$	38,521
Technology			25,106				(19,866	)			5,240
Product development costs			19,911				(18,559	)			1,352
Indefinite-lived:
Tradenames			4,670				—				4,670
Balance as of December 31, 2019		$	138,895			$	(89,112	)		$	49,783
Definite-lived:
Customer relationships		$	87,316			$	(44,269	)		$	43,047
Technology			25,110				(18,616	)			6,494
Product development costs			20,487				(18,313	)			2,174
Indefinite-lived:
Tradenames			4,670				—				4,670
Balance as of December 31, 2018		$	137,583			$	(81,198	)		$	56,385

Summary of Estimate of Other Intangible Asset Amortization

An estimate of other intangible asset amortization by year, is as follows:

2020		$	8,644
2021			7,700
2022			7,225
2023			4,082
2024			3,033

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 assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ 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

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ 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=108376223&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
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