GOODWILL AND INTANGIBLE ASSETS

Changes in goodwill consisted of the following (amounts in thousands):



	2014											2013
				Earthmoving/										Earthmoving/
	Agricultural			Construction		Consumer						Agricultural		Construction		Consumer
	Segment			Segment		Segment			Total			Segment		Segment		Segment		Total
Goodwill, January 1	$	24,540		$	14,898	$	2,637		$	42,075		$	11,522	$	13,419	$	—	$	24,941
Foreign currency translation	(983		)	314		(137		)	(806		)	105		55		—		160
Goodwill, March 31	$	23,557		$	15,212	$	2,500		$	41,269		$	11,627	$	13,474	$	—	$	25,101

The Company reviews goodwill for impairment during the fourth quarter of each annual reporting period, and whenever events and circumstances indicate that the carrying values may not be recoverable.

The components of intangible assets consisted of the following (amounts in thousands):



	Weighted- Average Useful Lives (in Years)	March 31, 2014		December 31, 2013
Amortizable intangible assets:
Customer relationships	13.3	16,924		16,659
Patents, trademarks and other	6.5	19,163		20,561
Total at cost		36,087		37,220
Less accumulated amortization		(5,253	)	(4,607	)
		30,834		32,613

Amortization related to intangible assets for the three months ended March 31, 2014 and 2013, totaled $1.1 million and $0.6 million, respectively. Intangible assets are included as a component of other assets in the consolidated condensed balance sheet.

The estimated aggregate amortization expense at March 31, 2014, is as follows (amounts in thousands):



April 1 - December 31, 2014	$	3,329
2015	4,060
2016	3,243
2017	3,059
2018	3,059
Thereafter	14,084
	$	30,834