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Intangible Assets
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 6 – Intangible Assets

Intangible asset activity for the two years ended December 31, 2016 is detailed in the following table;

 

     Capitalized
Technology
    Customer
Relationships
    Other     Total Intangible
Assets
 

Net balance at December 31, 2014

   $ 10,216     $ 644     $ 1,959     $ 12,819  

Additions-eSignLive

     29,000       400       600       30,000  

Additions-Other

     0       0       131       131  

Net foreign currency translation

     (15     (23     0       (38

Amortization expense

     (4,569     (193     (180     (4,942
  

 

 

   

 

 

   

 

 

   

 

 

 

Net balance at December 31, 2015

     34,632       828       2,510       37,970  

Measurement Period Adjustments - eSignLive

     (19,000     26,600       9,800       17,400  

Additions-Other

     0       0       143       143  

Net foreign currency translation

     (58     (57     -       (115

Amortization expense

     (4,182     (2,597     (2,070     (8,849
  

 

 

   

 

 

   

 

 

   

 

 

 

Net balance at December 31, 2016

   $ 11,392     $ 24,774     $ 10,383     $ 46,549  
  

 

 

   

 

 

   

 

 

   

 

 

 

December 31, 2016 balance at cost

   $ 37,745     $ 27,757     $ 13,244     $ 78,746  

Accumulated amortization

     (26,353     (2,983     (2,861     (32,197
  

 

 

   

 

 

   

 

 

   

 

 

 

Net balance at December 31, 2016

   $ 11,392     $ 24,774     $ 10,383     $ 46,549  
  

 

 

   

 

 

   

 

 

   

 

 

 

Additions - eSignLive refers to intangible assets acquired in the acquisition of eSignLive described in Note 4 including capitalized technology, trademarks, customer relationships and non-compete agreements. Certain intangible assets are denominated in local currencies and are subject to currency fluctuations. Expected amortization of the intangible assets for the years ended:

 

December 31, 2017

   $ 8,782  

December 31, 2018

     7,306  

December 31, 2019

     6,207  

December 31, 2020

     5,875  

December 31, 2021

     2,575  

Thereafter

     14,734  
  

 

 

 

Subject to amortization

     45,479  

Trademarks

     1,070  
  

 

 

 

Total intangible assets

   $ 46,549