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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets [Abstract]  
Goodwill
The changes in the carrying amount of goodwill for the three months ended March 31, 2018 are as follows (in thousands):
 
Balance at December 31, 2017
 
$
305,238
 
Effect of foreign currency translation adjustments
  
(96)
 
Balance at March 31, 2018
 
$
305,142
 
 
Intangible Assets
The following table presents a summary of the Company's intangible assets that are subject to amortization (in thousands):
 
 
 
March 31, 2018
  
December 31, 2017
 
 
 
Gross
Carrying
Amounts
  
Accumulated
Amortization
  
Net
Carrying
Amounts
  
Gross
Carrying
Amounts
  
Accumulated
Amortization
  
Net
Carrying
Amounts
 
Customer relationships
 
$
71,976
  
$
(31,729)
 
 
$
40,247
  
$
75,407
  
$
(32,307)
 
 
$
43,100
 
Non-compete agreements
  
1,556
   
(788)
 
  
768
   
1,556
   
(707)
 
  
849
 
Customer backlog
  
1,650
   
(1,279)
 
  
371
   
1,650
   
(866)
 
  
784
 
Trade name
  
100
   
(77)
 
  
23
   
100
   
(53)
 
  
47
 
Internally developed software
  
11,235
   
(5,373)
 
  
5,862
   
11,325
   
(5,039)
 
  
6,286
 
Total
 
$
86,517
  
$
(39,246)
 
 
$
47,271
  
$
90,038
  
$
(38,972)
 
 
$
51,066
 
 
Estimated Useful Lives of Intangible Assets
The estimated useful lives of identifiable intangible assets are as follows:
 
Customer relationships
5 – 10 years
Non-compete agreements
2 – 5 years
Customer backlog
1  year
Trade name
1  year
Internally developed software
2 – 7 years
 
Estimated Annual Amortization Expense
Estimated annual amortization expense for the next five years ended December 31 and thereafter is as follows (in thousands):

2018 remaining
 
$
10,301
 
2019
 
$
12,322
 
2020
 
$
9,242
 
2021
 
$
7,109
 
2022
 
$
5,764
 
Thereafter
 
$
2,533