Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and Goodwill (Tables)

v3.5.0.2
Intangible Assets and Goodwill (Tables)
6 Months Ended
Jun. 30, 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):
 
June 30, 2016
 
Customer Relationships
 
Developed Technology
 
Trademarks / Trade-Names
 
Covenants Not to Compete
 
Total
Original cost
$
4,912

 
$
8,195

 
$
2,183

 
$
34

 
$
15,324

Accumulated amortization
(1,333
)
 
(3,903
)
 
(593
)
 
(23
)
 
(5,852
)
Net identifiable intangible assets
$
3,579

 
$
4,292

 
$
1,590

 
$
11

 
$
9,472

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 six months ended June 30, 2016 consisted of the following (in thousands):
 
Six Months Ended 
 June 30,
Balance, beginning of period
$
11,032

Amortization expense
(1,098
)
Currency translation
(462
)
Balance, end of period
$
9,472

Amortization Expense
Amortization expense of intangible assets consisted of the following (in thousands):
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2016
 
2015
 
2016
 
2015
Amortization expense associated with the developed technology included in cost of revenues
$
323

 
$
317

 
$
645

 
$
633

Amortization expense associated with other acquired intangible assets included in operating expenses
227

 
200

 
453

 
399

Total amortization expense
$
550

 
$
517

 
$
1,098

 
$
1,032

Changes in Goodwill
Changes to the carrying amount of goodwill for the six months ended June 30, 2016 consisted of the following (in thousands):
 
Six Months Ended 
 June 30,
Balance, beginning of year
$
8,103

Currency translation
(773
)
Balance, end of period
$
7,330