XML 148 R42.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Carrying Value of Goodwill | The changes in the carrying value of goodwill for the years ended December 31, 2019 and 2018, were as follows:
(In thousands) |  | Surfactants Segment |  |  | Polymer Segment |  |  | Specialty Products Segment |  |  | Total |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Balance as of January 1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 20,521 |  |  | $ | 22,627 |  |  | $ | 5,417 |  |  | $ | 5,475 |  |  | $ | 483 |  |  | $ | 483 |  |  | $ | 26,421 |  |  | $ | 28,585 |
Accumulated impairment loss |  |  | (3,467 | ) |  |  | (3,467 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (3,467 | ) |  |  | (3,467 | )
Goodwill, net |  |  | 17,054 |  |  |  | 19,160 |  |  |  | 5,417 |  |  |  | 5,475 |  |  |  | 483 |  |  |  | 483 |  |  |  | 22,954 |  |  |  | 25,118 |
Goodwill acquired(1) |  |  | 3,497 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3,497 |  |  |  | — |
Goodwill measurement period adjustment |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Foreign currency translation |  |  | (354 | ) |  |  | (2,106 | ) |  |  | (11 | ) |  |  | (58 | ) |  |  | — |  |  |  | — |  |  |  | (365 | ) |  |  | (2,164 | )
Balance as of December 31 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | 23,664 |  |  |  | 20,521 |  |  |  | 5,406 |  |  |  | 5,417 |  |  |  | 483 |  |  |  | 483 |  |  |  | 29,553 |  |  |  | 26,421 |
Accumulated impairment loss |  |  | (3,467 | ) |  |  | (3,467 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (3,467 | ) |  |  | (3,467 | )
Goodwill, net |  | $ | 20,197 |  |  | $ | 17,054 |  |  | $ | 5,406 |  |  | $ | 5,417 |  |  | $ | 483 |  |  | $ | 483 |  |  | $ | 26,086 |  |  | $ | 22,954 |
| (1) | See Note 21 for information regarding the goodwill acquired in a business combination.
Components of Other Intangible Assets and Changes in Gross Carrying Values | The following table presents the components of other intangible assets, all of which have finite lives, as of December 31, 2019 and 2018. The year-over-year changes in gross carrying values mainly resulted from an oilfield demulsifier product line acquisition and the effects of foreign currency translation.
(In thousands) |  | Gross Carrying Value |  |  | Accumulated Amortization |
|  | December 31 |  |  | December 31 |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Other Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Patents |  | $ | 6,947 |  |  | $ | 6,947 |  |  | $ | 5,091 |  |  | $ | 4,492 |
Non-compete agreements |  |  | 374 |  |  | $ | 387 |  |  |  | 242 |  |  | $ | 173 |
Trademarks |  |  | 4,087 |  |  |  | 3,800 |  |  |  | 2,561 |  |  |  | 1,929 |
Customer lists/relationships (2) |  |  | 14,539 |  |  |  | 10,750 |  |  |  | 5,983 |  |  |  | 4,356 |
Supply contract |  |  | 2,040 |  |  |  | 2,113 |  |  |  | 1,657 |  |  |  | 1,189 |
Know-how (1)(2) |  |  | 9,543 |  |  |  | 7,900 |  |  |  | 6,644 |  |  |  | 5,514 |
Total |  | $ | 37,530 |  |  | $ | 31,897 |  |  | $ | 22,178 |  |  | $ | 17,653 |
(1) | Know-how includes intellectual property rights covering proprietary information, written formulae, trade secrets or secret processes, inventions and developmental products (whether patentable or not), discoveries, improvements, compositions, manufacturing processes, manuals, specifications and technical data
(2) | In 2019, customer lists/relationships and know- how include the acquisition of an oilfield demulsifier product line. See Note 21 for more details.
Estimated Amortization Expense for Identifiable Intangibles Assets | Estimated amortization expense for identifiable intangibles assets for each of the five succeeding fiscal years is as follows:
(In thousands) |  |  |  |
For year ended 12/31/20 |  | $ | 3,522 |
For year ended 12/31/21 |  |  | 2,207 |
For year ended 12/31/22 |  |  | 1,563 |
For year ended 12/31/23 |  |  | 1,563 |
For year ended 12/31/24 |  |  | 1,362 |

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