XML 57 R10.htm IDEA: XBRL DOCUMENT
v3.20.1

Note 4 - Goodwill and Intangible Assets | 3 Months Ended
--- | ---
Mar. 31, 2020
Notes to Financial Statements |
Goodwill and Intangible Assets Disclosure [Text Block] |
4. |  | Goodwill and Intangible Assets
Goodwill The change in the carrying amount of goodwill for the three months ended March 31, 2020 is as follows:
|  | March 31,
|  | 2020
(in thousands) |  |  |  |
Balance at December 31, 2019 |  | $ | 57,381 |
Effect of change in currency translation |  |  | (589 | )
Balance at March 31, 2020 |  | $ | 56,792 |
Intangible Assets
|  |  |  | March 31, 2020 |  | December 31, 2019
|  |  |  | (in thousands)
Intangible assets: |  | Weighted Average Life* (Years) |  | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Distribution agreements/customer relationships |  |  | 8.4 |  |  | $ | 17,685 |  |  | $ | (6,550 | ) |  | $ | 11,135 |  |  | $ | 17,891 |  |  | $ | (6,340 | ) |  | $ | 11,551 |
Existing technology |  |  | 5.5 |  |  |  | 40,923 |  |  |  | (20,327 | ) |  |  | 20,596 |  |  |  | 41,222 |  |  |  | (19,698 | ) |  |  | 21,524 |
Trade names |  |  | 5.3 |  |  |  | 8,511 |  |  |  | (3,667 | ) |  |  | 4,844 |  |  |  | 7,692 |  |  |  | (3,497 | ) |  |  | 4,195 |
Patents |  |  | - |  |  |  | 206 |  |  |  | (206 | ) |  |  | - |  |  |  | 218 |  |  |  | (218 | ) |  |  | - |
Indefinite-lived tradename |  |  | NA |  |  |  | 232 |  |  |  | - |  |  |  | 232 |  |  |  | 1,135 |  |  |  | 0 |  |  |  | 1,135 |
Total intangible assets |  |  |  |  |  | $ | 67,557 |  |  | $ | (30,750 | ) |  | $ | 36,807 |  |  | $ | 68,158 |  |  | $ | (29,753 | ) |  | $ | 38,405 |
* Weighted average life as of March 31, 2020. During the three months ended March 31, 2020, the Company determined that $0.9 million of tradenames previously classified as indefinite-lived should be classified as amortizing due to anticipated changes in worldwide marketing programs and estimated an economic life of 4 years for this intangible asset. Intangible asset amortization expense was $1.4 million for each of the three months ended March 31, 2020 and 2019. Amortization expense of existing amortizable intangible assets is currently estimated to be $4.1 million for the remainder of 2020, $5.5 million for the year ending December 31, 2021, $5.5 million for the year ending December 31, 2022, $5.3 million for the year ending December 31, 2023, $5.3 million for the year ending December 31, 2024, and $4.2 million for the year ending December 31, 2025.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration