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Intangible Assets, Net
3 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net

Note 7. Intangible Assets, Net

The following table shows changes in the carrying amount of intangible assets, net.

 

     Mobile
Solutions
     Power
Solutions
     Life
Sciences
     Total  

Balance as of December 31, 2017

   $ 39,446      $ 105,030      $ 93,226      $ 237,702  

Amortization

     (873      (2,725      (2,397      (5,995

Currency impacts

     (15      —          —          (15

Intangible assets acquired in acquisition

     —          —          5,913        5,913  
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance as of March 31, 2018

   $ 38,558      $ 102,305      $ 96,742      $ 237,605  
  

 

 

    

 

 

    

 

 

    

 

 

 

We added approximately $5.9 million of intangible assets during the three months ended March 31, 2018, primarily related to customer relationships acquired in the Bridgemedica acquisition with an estimated useful life of 13 years.

In the first quarter of 2018, as a result of the changes in our organizational and management structure, intangible assets were reassigned to operating segments using a relative fair value allocation. For further information on the organizational changes, see Note 1.