Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and Goodwill (Tables)

v3.7.0.1
Intangible Assets and Goodwill (Tables)
3 Months Ended
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes In Intangible Assets
The Company’s amortizable intangible assets consisted of the following (in thousands):
 
March 31, 2017
 
Customer Relationships
 
Developed Technology
 
Trademarks / Trade-Names
 
Covenants Not to Compete
 
Total
Original cost
$
4,774

 
$
7,945

 
$
2,179

 
$
31

 
$
14,929

Accumulated amortization
(1,720
)
 
(4,861
)
 
(694
)
 
(31
)
 
(7,306
)
Net identifiable intangible assets
$
3,054

 
$
3,084

 
$
1,485

 
$

 
$
7,623

Weighted-average useful lives (years)
10

 
6

 
15

 
2

 
9

 
December 31, 2016
 
Customer Relationships
 
Developed Technology
 
Trademarks / Trade-Names
 
Covenants Not to Compete
 
Total
Original cost
$
4,759

 
$
7,917

 
$
2,178

 
$
31

 
$
14,885

Accumulated amortization
(1,577
)
 
(4,509
)
 
(658
)
 
(31
)
 
(6,775
)
Net identifiable intangible assets
$
3,182

 
$
3,408

 
$
1,520

 
$

 
$
8,110

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, 2017 consisted of the following (in thousands):
 
Three Months Ended 
 March 31, 2017
Balance, beginning of period
$
8,110

Amortization expense
(516
)
Currency translation
29

Balance, end of period
$
7,623

Amortization Expense
Amortization expense of intangible assets consisted of the following (in thousands):
 
 
Three Months Ended 
 March 31,
 
 
2017
 
2016
Amortization expense associated with the developed technology included in cost of revenues
 
$
293

 
$
322

Amortization expense associated with other acquired intangible assets included in operating expenses
 
223

 
226

Total amortization expense
 
$
516

 
$
548