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Intangible Assets
12 Months Ended
Dec. 31, 2016
Intangible Assets.  
Intangible Assets

7.  Intangible Assets

 

The gross carrying amount and accumulated amortization of the Company’s acquired identifiable intangible assets as of December 31, 2016 are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Weighted Average

 

 

 

    

 

 

    

 

 

 

 

 

Amortization

 

Gross Carrying

 

Accumulated

 

 

 

 

 

 

 Period

 

Amount

 

Amortization

 

Total

 

Acquired technology

 

9  years 

 

$

4,645

 

 

(928)

 

 

3,717

 

Customer relationships

 

10  years 

 

 

260

 

 

(71)

 

 

189

 

Trademark

 

5  years 

 

 

60

 

 

(33)

 

 

27

 

 

 

 

 

$

4,965

 

$

(1,032)

 

$

3,933

 

 

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

 

Gross Carrying

 

Accumulated

 

 

 

 

 

 

 Period

 

Amount

 

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 change in the gross carrying amount of the acquired technology from December 31, 2015 to December 31, 2016 is due to changes attributed to foreign currency translation.

 

Amortization expense for acquired identifiable intangible assets for the years ended December 31, 2016, 2015, and 2014 was $0.6 million, $1.0 million, and $2.4 million, respectively. Estimated amortization expense for subsequent years is as follows (in thousands):

 

 

 

 

 

 

2017

    

$

568

 

2018

 

 

568

 

2019

 

 

461

 

2020

 

 

425

 

2021

 

 

425

 

Thereafter

 

 

1,486

 

Total

 

$

3,933