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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2016
Goodwill and Intangible Assets [Abstract]  
Goodwill
The changes in the carrying amount of goodwill for the six months ended June 30, 2016 are as follows (in thousands):
 
Balance at December 31, 2015
 
$
269,383
 
Purchase accounting adjustments
  
195
 
Effect of foreign currency translation adjustments
  
(42
)
Balance at June 30, 2016
 
$
269,536
 
 
Intangible Assets
The following table presents a summary of the Company's intangible assets that are subject to amortization (in thousands):
 
 
 
June 30, 2016
  
December 31, 2015
 
 
 
Gross
Carrying
Amounts
  
Accumulated
Amortization
  
Net
Carrying
Amounts
  
Gross
Carrying
Amounts
  
Accumulated
Amortization
  
Net
Carrying
Amounts
 
Customer relationships
 
$
67,673
  
$
(27,620
)
 
$
40,053
  
$
68,959
  
$
(23,397
)
 
$
45,562
 
Non-compete agreements
  
858
   
(489
)
  
369
   
1,235
   
(719
)
  
516
 
Customer backlog
  
270
   
(188
)
  
82
   
350
   
(88
)
  
262
 
Trade name
  
100
   
(83
)
  
17
   
100
   
(33
)
  
67
 
Internally developed software
  
10,706
   
(3,262
)
  
7,444
   
9,500
   
(2,499
)
  
7,001
 
Total
 
$
79,607
  
$
(31,642
)
 
$
47,965
  
$
80,144
  
$
(26,736
)
 
$
53,408
 
 
Estimated Useful Lives of Intangible Assets
The estimated useful lives of identifiable intangible assets are as follows:
 
Customer relationships
3 – 10 years
Non-compete agreements
3 – 5 years
Internally developed software
1 – 7 years
Trade name
1  year
Customer backlog
9 – 12 months
 
Estimated Annual Amortization Expense
Estimated annual amortization expense for the next five years ended December 31 and thereafter is as follows (in thousands):

2016 remaining
 
$
6,398
 
2017
 
$
10,506
 
2018
 
$
9,548
 
2019
 
$
8,501
 
2020
 
$
5,479
 
Thereafter
 
$
7,533