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Goodwill And Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule Of Goodwill And Other Intangibles
A reconciliation of the beginning and ending balance of identifiable intangibles for each of the two years in the period ended December 31, 2019 is as follows:
(In thousands)
 Customer Relationships
 
 Proprietary Technology
 
 Trade Names
 
 Total
Aluminum Extrusions:
 
 
 
 
 
 
 
 
Net carrying value at January 1, 2018
$
24,613

 
$
495

 
$
11,071

 
$
36,179

 
 
Amortization expense
(2,489
)
 
(420
)
 
(516
)
 
(3,425
)
 
Net carrying value at December 31, 2018
22,124

 
75

 
10,555

 
32,754

 
 
Amortization expense
(2,480
)
 
(20
)
 
(10,555
)
 
(13,055
)
 
Net carrying value at December 31, 2019
$
19,644

 
$
55

 
$

 
$
19,699

 
 
 
 
 
 
 
 
 
 
PE Films:
 
 
 
 
 
 
 
 
Net carrying value at January 1, 2018
$

 
$
845

 
$

 
$
845

 
 
Amortization expense

 
(115
)
 

 
(115
)
 
Net carrying value at December 31, 2018

 
730

 

 
730

 
 
Amortization expense

 
(120
)
 

 
(120
)
 
Net carrying value at December 31, 2019
$

 
$
610

 
$

 
$
610

 
 
 
 
 
 
 
 
 
 
Flexible Packaging Films:
 
 
 
 
 
 
 
 
Net carrying value at January 1, 2018
$
831

 
$
360

 
$
2,337

 
$
3,528

 
 
Amortization expense
(82
)
 
(55
)
 
(299
)
 
(436
)
 
 
Increase (decrease) due to foreign currency translation
(88
)
 
(17
)
 
(176
)
 
(281
)
 
Net carrying value at December 31, 2018
661

 
288

 
1,862

 
2,811

 
 
Amortization expense
(91
)
 
(55
)
 
(280
)
 
(426
)
 
 
Increase (decrease) due to foreign currency translation
(16
)
 
(3
)
 
(39
)
 
(58
)
 
Net carrying value at December 31, 2019
$
554

 
$
230

 
$
1,543

 
$
2,327

 
 
 
 
 
 
 
 
 
 
Total net carrying value of identifiable intangibles at December 31, 2019
$
20,198

 
$
895

 
$
1,543

 
$
22,636

The components of goodwill and identifiable intangibles at December 31, 2019 and 2018, and related amortization periods for continuing operations are as follows:
(In thousands)
 
2019
 
2018
 
Amortization Periods
Goodwill
$
81,404

 
$
81,404

 
Not amortized
Identifiable intangible assets:
 
 
 
 
 
Customer relationships (cost basis of $29,550 in 2019 and $29,568 in 2018)
20,198

 
22,785

 
10-12 years
Proprietary technology (cost basis of $6,181 in 2019 and $6,185 in 2018)
895

 
1,093

 
Not more than 15 years
Trade names (cost basis of $13,645 in 2019 and $13,690 in 2018)
1,543

 
12,417

 
5 - 13 years
Total carrying value of identifiable intangibles
22,636

 
36,295

 
 
Total carrying value of goodwill and identifiable intangible assets
$
104,040

 
$
117,699

 
 
Reconciliation Of The Beginning And Ending Balance Of Goodwill
A reconciliation of the beginning and ending balance of goodwill for each of the two years in the period ended December 31, 2019 is as follows:
(In thousands)
 
 
Aluminum Extrusions
 
PE Films
 
Total
Net carrying value of goodwill at January 1, 2018
 
$
24,066

 
$
104,142

 
$
128,208

Goodwill impairment charge
 

 
(46,792
)
 
(46,792
)
Increase (decrease) due to foreign currency translation
 

 
(12
)
 
(12
)
Net carrying value of goodwill at December 31, 2018
 
24,066

 
57,338

 
81,404

Goodwill impairment charge
 

 

 

Increase (decrease) due to foreign currency translation
 

 

 

Net carrying value of goodwill at December 31, 2019
 
$
24,066

 
$
57,338

 
$
81,404

Schedule Of Expected Amortization Expense
Amortization expense for continuing operations over the next five years is expected to be as follows:
Year
Amount
(In thousands)
2020
$
3,070

2021
3,070

2022
2,935

2023
2,309

2024
2,269