Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and Goodwill (Tables)

v3.5.0.2
Intangible Assets and Goodwill (Tables)
9 Months Ended
Sep. 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):
 
September 30, 2016
 
Customer Relationships
 
Developed Technology
 
Trademarks / Trade-Names
 
Covenants Not to Compete
 
Total
Original cost
$
4,853

 
$
8,088

 
$
2,181

 
$
33

 
$
15,155

Accumulated amortization
(1,460
)
 
(4,224
)
 
(625
)
 
(28
)
 
(6,337
)
Net identifiable intangible assets
$
3,393

 
$
3,864

 
$
1,556

 
$
5

 
$
8,818

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 nine months ended September 30, 2016 consisted of the following (in thousands):
 
Nine Months Ended 
 September 30, 2016
Balance, beginning of period
$
11,032

Amortization expense
(1,627
)
Currency translation
(587
)
Balance, end of period
$
8,818

Amortization Expense
Amortization expense of intangible assets consisted of the following (in thousands):
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2016
 
2015
 
2016
 
2015
Amortization expense associated with the developed technology included in cost of revenues
$
308

 
$
320

 
$
953

 
$
953

Amortization expense associated with other acquired intangible assets included in operating expenses
221

 
200

 
674

 
599

Total amortization expense
$
529

 
$
520

 
$
1,627

 
$
1,552

Changes in Goodwill
Changes to the carrying amount of goodwill for the nine months ended September 30, 2016 consisted of the following (in thousands):
 
Nine Months Ended 
 September 30, 2016
Balance, beginning of period
$
8,103

Currency translation
(996
)
Balance, end of period
$
7,107