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Goodwill and Other Intangible Assets | 6 Months Ended
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Jun. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Note 3 — Goodwill and Other Intangible Assets Goodwill The change in the carrying amount of goodwill for the six months ended June 30, 2020 is summarized as follows (in thousands):
| Total |
Balance at December 31, 2019 | $ | 243,895 |
Translation adjustments |  | (694 | )
Balance at June 30, 2020 | $ | 243,201 |
The Company assesses goodwill for impairment annually on November 30, or on an interim basis if an event indicates a specific impairment may exist. As a result of the Company’s segment realignment during the three months ended June 30, 2020 (refer to Note 14 – Operating Segments for additional information), the Company performed a qualitative assessment of goodwill for all reporting units immediately prior to and after the reporting unit change. The Company concluded that no impairment existed. As of June 30, 2020, the Company had no accumulated goodwill impairment losses. Finite-Lived Intangible Assets The carrying values of finite-lived intangible assets are as follows (in thousands):
| June 30, 2020 |
| Gross |  |  |  |  |  |  | Net |
| Carrying |  |  | Accumulated |  |  | Carrying |
| Amount |  |  | Amortization |  |  | Amount |
Amortizable intangible assets |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 109,688 |  |  | $ | 44,303 |  |  | $ | 65,385 |
Technology |  | 16,719 |  |  |  | 8,550 |  |  |  | 8,169 |
Backlog |  | 13,000 |  |  |  | 9,750 |  |  |  | 3,250 |
Trademarks |  | 12,459 |  |  |  | 1,269 |  |  |  | 11,190 |
Total | $ | 151,866 |  |  | $ | 63,872 |  |  | $ | 87,994 |
| December 31, 2019 |
| Gross |  |  |  |  |  |  | Net |
| Carrying |  |  | Accumulated |  |  | Carrying |
| Amount |  |  | Amortization |  |  | Amount |
Amortizable intangible assets |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 109,825 |  |  | $ | 40,169 |  |  | $ | 69,656 |
Technology |  | 16,661 |  |  |  | 7,051 |  |  |  | 9,610 |
Backlog |  | 13,000 |  |  |  | 6,500 |  |  |  | 6,500 |
Trademarks |  | 12,451 |  |  |  | 854 |  |  |  | 11,597 |
Total | $ | 151,937 |  |  | $ | 54,574 |  |  | $ | 97,363 |
Estimated intangible asset amortization expense for each of the five succeeding years is as follows (in thousands):
2020 (remainder) | $ | 9,427 |
2021 |  | 12,355 |
2022 |  | 11,016 |
2023 |  | 10,840 |
2024 |  | 9,730 |
Thereafter |  | 34,626 |
Total | $ | 87,994 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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