Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.7.0.1
Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2017
Goodwill and Intangible Assets [Abstract]  
Schedule of Acquired Intangible Assets
The following table summarizes our amortizable intangible assets as of June 30, 2017 (in thousands):

   
Gross
Carrying
Amount
   
Accumulated
Amortization
   
Net Carrying
Amount
 
Patents and Others
 
$
8,889
   
$
8,797
   
$
92
 
Customer Relationships
   
60,816
     
17,185
     
43,631
 
Technology
   
40,048
     
8,699
     
31,349
 
Non-Compete
   
2,211
     
1,029
     
1,182
 
Trademark
   
2,004
     
639
     
1,365
 
Total amortizable intangible assets at June 30, 2017
 
$
113,968
   
$
36,349
   
$
77,619
 

The following table summarizes our amortizable intangible assets as of December 31, 2016 (in thousands):
 
   
Gross
Carrying
Amount
   
Accumulated
Amortization
   
Net Carrying
Amount
 
Patents and Others
 
$
8,889
   
$
8,774
   
$
115
 
Customer Relationships
   
60,816
     
12,199
     
48,617
 
Technology
   
40,048
     
6,100
     
33,948
 
Non-Compete
   
2,211
     
777
     
1,434
 
Trademark
   
2,004
     
479
     
1,525
 
Total amortizable intangible assets at December 31, 2016
 
$
113,968
   
$
28,329
   
$
85,639
 
Schedule of Future Amortization Expense
Our estimated amortization expense for the next five years and thereafter is as follows (in thousands):
 
Twelve Month Period Ending June 30,
 
Estimated
Amortization
Expense
 
2018
 
$
16,025
 
2019
   
15,667
 
2020
   
15,579
 
2021
   
15,231
 
2022
   
7,783
 
Thereafter
   
7,334
 
Total
 
$
77,619