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Intangible Assets
12 Months Ended
Dec. 31, 2017
Intangible Assets  
Intangible Assets

Note 5 – Intangible Assets

Intangible asset activity for the two years ended December 31, 2017 is detailed in the following table;

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired

 

Customer

 

    

 

 

Total Intangible

 

    

Technology

    

Relationships

    

Other

    

Assets

Net balance at December 31, 2015

 

$

34,632

 

$

828

 

$

2,510

 

$

37,970

Additions-eSignLive

 

 

(19,000)

 

 

26,600

 

 

9,800

 

 

17,400

Additions-Other

 

 

 —

 

 

 —

 

 

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

Additions-Other

 

 

 —

 

 

 —

 

 

151

 

 

151

Disposals-Other

 

 

 —

 

 

 —

 

 

(32)

 

 

(32)

Net foreign currency translation

 

 

16

 

 

13

 

 

 —

 

 

29

Amortization expense

 

 

(4,462)

 

 

(2,243)

 

 

(2,104)

 

 

(8,809)

Net balance at December 31, 2017

 

$

6,946

 

$

22,544

 

$

8,398

 

$

37,888

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017 balance at cost

 

$

37,294

 

$

27,831

 

$

13,381

 

$

78,506

Accumulated amortization

 

 

(30,348)

 

 

(5,287)

 

 

(4,983)

 

 

(40,618)

Net balance at December 31, 2017

 

$

6,946

 

$

22,544

 

$

8,398

 

$

37,888

 

Additions - eSignLive refers to intangible assets acquired in the acquisition of eSignLive described in Note 3 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, 2018

    

$

7,324

December 31, 2019

 

 

6,213

December 31, 2020

 

 

5,878

December 31, 2021

 

 

2,578

December 31, 2022

 

 

2,578

Thereafter

 

 

12,218

Subject to amortization

 

 

36,789

Trademarks

 

 

1,099

Total intangible assets

 

$

37,888