Changes In Intangible Assets |
Changes in the Company’s amortizable intangible assets consisted of the following (in thousands):
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September 30, 2015 |
|
Customer Relationships |
Developed Technology |
Trademarks / Trade-Names |
Covenants Not to Compete |
Total |
Original cost |
$ |
5,166 |
|
$ |
8,659 |
|
$ |
2,191 |
|
$ |
39 |
|
$ |
16,055 |
|
Accumulated amortization |
(976 |
) |
(2,916 |
) |
(481 |
) |
(13 |
) |
(4,386 |
) |
Net identifiable intangible assets |
$ |
4,190 |
|
5,743 |
|
1,710 |
|
26 |
|
$ |
11,669 |
|
Weighted-average useful lives (years) |
10 |
|
6 |
|
15 |
|
2 |
|
9 |
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December 31, 2014 |
|
Customer Relationships |
Developed Technology |
Trademarks / Trade-Names |
Covenants Not to Compete |
Total |
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 |
|
Changes to the carrying amount of net amortizable intangible assets for the nine months ended September 30, 2015 consisted of the following (in thousands):
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Nine Months Ended September 30, 2015 |
Balance, beginning of period |
$ |
13,384 |
|
Amortization expense |
(1,552 |
) |
Currency translation |
(163 |
) |
Balance, end of period |
$ |
11,669 |
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