Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and Goodwill (Tables)

v3.7.0.1
Intangible Assets and Goodwill (Tables)
6 Months Ended
Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes In Intangible Assets
The Company’s amortizable intangible assets consisted of the following (in thousands):
 
June 30, 2017
 
Customer Relationships
 
Developed Technology
 
Trademarks / Trade-Names
 
Covenants Not to Compete
 
Total
Original cost
$
4,854

 
$
8,091

 
$
2,181

 
$
33

 
$
15,159

Accumulated amortization
(1,881
)
 
(5,272
)
 
(731
)
 
(33
)
 
(7,917
)
Net identifiable intangible assets
$
2,973

 
$
2,819

 
$
1,450

 
$

 
$
7,242

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 six months ended June 30, 2017 consisted of the following (in thousands):
 
Six Months Ended 
 June 30, 2017
Balance, beginning of period
$
8,110

Amortization expense
(1,040
)
Currency translation
172

Balance, end of period
$
7,242

Amortization Expense
Amortization expense of intangible assets consisted of the following (in thousands):
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2017
 
2016
 
2017
 
2016
Amortization expense associated with the developed technology included in cost of revenues
$
298

 
$
323

 
$
591

 
$
645

Amortization expense associated with other acquired intangible assets included in operating expenses
226

 
227

 
449

 
453

Total amortization expense
$
524

 
$
550

 
$
1,040

 
$
1,098