Annual report pursuant to Section 13 and 15(d)

Intangible Assets and Goodwill (Tables)

v3.3.1.900
Intangible Assets and Goodwill (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
The Company’s amortizable intangible assets consisted of the following (in thousands):
 
December 31, 2015
 
Customer Relationships
 
Developed Technology
 
Trademarks / Trade-Names
 
Covenants Not to Compete
 
Total
Original cost
$
5,115

 
$
8,567

 
$
2,190

 
$
38

 
$
15,910

Accumulated amortization
(1,075
)
 
(3,261
)
 
(528
)
 
(14
)
 
(4,878
)
Net identifiable intangible assets
$
4,040

 
5,306

 
1,662

 
24

 
$
11,032

Weighted-average useful lives (years)
10

 
6

 
15

 
2

 
9

 
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 year ended December 31, 2015 consisted of the following (in thousands):
 
Year Ended 
 December 31, 2015
Balance, beginning of period
$
13,384

Amortization expense
(2,066
)
Currency translation
(286
)
Balance, end of period
$
11,032

Finite-lived Intangible Assets Amortization Expense
Amortization expense of intangible assets consisted of the following (in thousands):
 
Year Ended December 31,
 
2015
 
2014
 
2013
Amortization expense associated with the developed technology included in cost of revenues
$
1,268

 
$
650

 
$
560

Amortization expense associated with other acquired intangible assets included in operating expenses
798

 
652

 
627

Total amortization expense
$
2,066

 
$
1,302

 
$
1,187

Intangible Assets Future Amortization Expense
The Company estimates that amortization expense associated with intangible assets will be as follows (in thousands):
Year Ending December 31,
 
2016
$
2,235

2017
2,234

2018
2,023

2019
1,322

2020
1,020

Thereafter
2,198

Total
$
11,032