Quarterly report pursuant to Section 13 or 15(d)

Goodwill And Other Intangible Assets

Goodwill And Other Intangible Assets

9 Months Ended

Sep. 30, 2019

Goodwill And Other Intangible Assets [Abstract]

NOTE 4. OTHER INTANGIBLE ASSETS

Goodwill

There were no changes in the balances in goodwill from the prior period. The following table summarizes the balances in goodwill by segment:


	Black Diamond		Sierra		Total

Balance at December 31, 2018	$	-	$	18,090	$	18,090

Balance at September 30, 2019	$	-	$	18,090	$	18,090

Indefinite Lived Intangible Assets

The Company’s indefinite lived intangible assets consist of certain tradenames and trademarks that provide Black Diamond Equipment, PIEPS and Sierra with the exclusive and perpetual rights to manufacture and sell their respective products. Tradenames and trademarks are not amortized, but reviewed annually for impairment or upon the existence of a triggering event. The following table summarizes the changes in indefinite lived intangible assets:


Balance at December 31, 2018	$	41,694

Impact of foreign currency exchange rates		(147)

Balance at September 30, 2019	$	41,547

Other Intangible Assets, net

The Company’s other intangible assets, such as certain customer lists and relationships, product technologies, tradenames, trademarks and core technologies, are amortizable over their estimated useful lives. The following table summarizes the changes in gross other intangible assets:


Gross balance at December 31, 2018	$	33,010

Impact of foreign currency exchange rates		(213)

Gross balance at September 30, 2019	$	32,797

Other intangible assets, net of amortization as of September 30, 2019 and December 31, 2018, were as follows:


	September 30, 2019		December 31, 2018

Customer lists and relationships	$	25,928	$	26,047
Product technologies		4,659		4,753
Tradename / trademark		1,263		1,263
Core technologies		947		947
		32,797		33,010
Less accumulated amortization		(16,148)		(13,594)
	$	16,649	$	19,416