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Intangible Assets
12 Months Ended
Dec. 31, 2015
Intangible Assets.  
Intangible Assets

8. Intangible Assets

        Intangible assets, consisting of acquired technology, customer relationships and trademarks, are amortized using the straight-line method over their useful lives of five to ten years.

        The gross carrying amount and accumulated amortization of the Company's acquired identifiable intangible assets as of December 31, 2015 are as follows (in thousands):

                                                                                                                                                                                    

 

 

Weighted Average
Amortization Period

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Total

 

Acquired technology

 

9 years

 

$

4,793

 

$

(403

)

$

4,390

 

Customer relationships

 

10 years

 

 

260

 

 

(45

)

 

215

 

Trademark

 

5 years

 

 

60

 

 

(21

)

 

39

 

​  

​  

​  

​  

​  

​  

 

 

 

 

$

5,113

 

$

(469

)

$

4,644

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

        The gross carrying amount and accumulated amortization of the Company's acquired identifiable intangible assets as of December 31, 2014 are as follows (in thousands):

                                                                                                                                                                                    

 

 

Weighted Average
Amortization Period

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Total

 

Acquired technology

 

8 years

 

$

17,697

 

$

(16,540

)

$

1,157

 

Customer relationships

 

8 years

 

 

1,260

 

 

(978

)

 

282

 

Trademark

 

5 years

 

 

60

 

 

(9

)

 

51

 

​  

​  

​  

​  

​  

​  

 

 

 

 

$

19,017

 

$

(17,527

)

$

1,490

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

        The change in the gross carrying amount of the acquired technology from December 31, 2014 to December 31, 2015 is due to the acquisition of HyPulsion, and changes attributed to foreign currency translation, offset by removal of assets that became fully amortized.

        Amortization expense for acquired identifiable intangible assets for the years ended December 31, 2015, 2014, and 2013 was $1.0 million, $2.4 million, and $2.3 million, respectively. Estimated amortization expense for subsequent years is as follows (in thousands):

                                                                                                                                                                                    

2016

 

 

583 

 

2017

 

 

583 

 

2018

 

 

583 

 

2019

 

 

475 

 

2020

 

 

439 

 

Thereafter

 

 

1,981 

 

​  

​  

Total

 

 

4,644 

 

​  

​  

​  

​