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GOODWILL AND INTANGIBLE ASSETS, NET
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS, NET GOODWILL AND INTANGIBLE ASSETS, NET

The Company recognized goodwill of $6.0 million as a result of the acquisition of Complia. See Note 4, Asset Acquisition, for additional information.

Excluding goodwill, intangible assets, net consisted of the following (in thousands):
 
 
June 30, 2019
 
December 31, 2018
 
 
Gross Carrying
Value
 
Accumulated
Amortization
 
Net Book
Value
 
Gross Carrying
Value
 
Accumulated
Amortization
 
Net Book
Value
Software development cost
 
$
26,767

 
$
(13,931
)
 
$
12,836

 
$
22,190

 
$
(11,647
)
 
$
10,543

Purchased software
 
11,271

 
(1,589
)
 
9,682

 
$
3,555

 
$
(494
)
 
3,061

Customer relationships
 
425

 
(17
)
 
408

 

 

 

Non-compete agreements
 
250

 
(14
)
 
236

 

 

 

Trade name
 
35

 
(2
)
 
33

 

 

 

Total
 
$
38,748

 
$
(15,553
)
 
$
23,195

 
$
25,745

 
$
(12,141
)
 
$
13,604



During the six months ended June 30, 2019, the Company recorded approximately $7.7 million of intangible asset software purchases in connection with the Complia and Leap Orbit acquisitions, as further discussed in Note 4, Asset Acquisition.

Amortization expense for intangible assets with finite lives was $2.0 million and $3.4 million for the three and six months ended June 30, 2019, respectively, and $0.6 million and $1.3 million for the three and six months ended June 30, 2018, respectively. Intangible asset amortization expense is currently expected to total $5.0 million for the remainder of 2019, $8.9 million for fiscal year 2020, $6.1 million for fiscal year 2021, $1.8 million for fiscal year 2022 and $0.9 million for fiscal year 2023.