The changes in the carrying amount of goodwill from December 31, 2025 to June 30, 2026, were as follows (in thousands):


	Artificial Lift and Downhole
Goodwill, December 31, 2025	$	64,667

Impact on non-U.S. local currency translation	(2,120)
Goodwill, June 30, 2026	$	62,547

Goodwill is not amortized and is tested for impairment at least annually or when events and circumstances indicate that fair value may be below its carrying value.

Intangible assets consisted of the following as of June 30, 2026 and December 31, 2025, respectively (in thousands):


	June 30, 2026
	Gross Carrying Amount		Accumulated Amortization		Net Intangibles		Amortization Period (In Years)
Customer relationships	$	212,526	$	(144,460)	$	68,066	3 - 15
Patents and technology	29,910		(21,005)		8,905		10 - 19
Trade names and other	27,797		(22,710)		5,087		3 - 19
Total intangible assets	$	270,233	$	(188,175)	$	82,058


	December 31, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Intangibles		Amortization Period (In Years)
Customer relationships	$	216,559	$	(138,510)	$	78,049	3 - 15
Patents and technology	30,122		(20,241)		9,881		10 - 19
Trade names and other	28,040		(22,333)		5,707		3 - 19
Total intangible assets	$	274,721	$	(181,084)	$	93,637

Intangible assets with definite lives are tested for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable.