Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and Goodwill (Tables)

v3.4.0.3
Intangible Assets and Goodwill (Tables)
3 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes In Intangible Assets
Changes in the Company’s amortizable intangible assets consisted of the following (in thousands):
 
March 31, 2016
 
Customer Relationships
 
Developed Technology
 
Trademarks / Trade-Names
 
Covenants Not to Compete
 
Total
Original cost
$
5,053

 
$
8,453

 
$
2,188

 
$
36

 
$
15,730

Accumulated amortization
(1,210
)
 
(3,609
)
 
(562
)
 
(19
)
 
(5,400
)
Net identifiable intangible assets
$
3,843

 
$
4,844

 
$
1,626

 
$
17

 
$
10,330

Weighted-average useful lives (years)
10

 
6

 
15

 
2

 
9

 
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

Changes to the carrying amount of net amortizable intangible assets for the three months ended March 31, 2016 consisted of the following (in thousands):
 
Three Months Ended 
 March 31,
Balance, beginning of period
$
11,032

Amortization expense
(548
)
Currency translation
(154
)
Balance, end of period
$
10,330

Changes in Goodwill
Changes to the carrying amount of goodwill for the three months ended March 31, 2016 consisted of the following (in thousands):
 
Three Months Ended 
 March 31,
Balance, beginning of year
$
8,103

Currency translation
(238
)
Balance, end of period
$
7,865