Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets (Tables)

v2.4.1.9
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes In Goodwill And Intangible Assets
Changes in the Company's intangible assets consisted of the following (in thousands):
 
 
 
 
 
 
 
Customer Relationships
Developed Technology
Trademarks / Trade-Names
Covenants Not to Compete
Total
Amortizable intangible assets as of December 31, 2014:
 
 
 
 
 
Original cost
$
5,226

$
8,770

$
2,193

$
40

$
16,229

Accumulated amortization
(671
)
(1,832
)
(334
)
(8
)
(2,845
)
Net identifiable intangible assets
$
4,555

6,938

1,859

32

$
13,384

Weighted-average useful lives (years)
10

6

15

2

9

Intangible Assets Future Amortization Expense
The Company estimates that amortization expense associated with intangible assets will be as follows (in thousands):
2015
$
2,109

2016
2,320

2017
2,324

2018
2,108

2019
1,391

Thereafter
3,132

 
$
13,384

Cumulative Goodwill Impairment Losses
The Company's cumulative goodwill impairment losses are as follows (in thousands):
 
 
 
 
 
Qumu, Inc.
 
Kulu Valley, Ltd.
 
Gross Carrying Amount
 
Cumulative Impairment Losses
 
Gross Carrying Amount
Balance, December 31, 2013
$
22,218

 
$
(22,218
)
 
$

Acquisitions

 

 
8,795

Foreign Currency Translation

 

 
(270
)
Balance, December 31, 2014
$
22,218

 
$
(22,218
)
 
$
8,525