Goodwill and Purchased Intangible Assets

12 Months Ended

Dec. 31, 2017

Identifiable Intangible Assets [Abstract]

Goodwill and Purchased Intangible Assets

5.	Goodwill and Purchased Intangible Assets:

Goodwill

The gross amount of goodwill at both December 31, 2017 and 2016 was $215,367. Reflecting an impairment charge of $192,872 in 2008, the carrying amount of goodwill totaled $22,495 and remained unchanged over both the years ended December 31, 2017 and 2016.

Purchased Intangible Assets

Purchased intangible assets as of December 31, 2017 and 2016 are as follows:

	Gross Carrying Amount		Accumulated Amortization		Net
December 31, 2017
Finite-lived intangibles:
Developed technology	$	65,827	$	58,522	$	7,305
Customer and distributor relationships		9,560		8,818		742
Trade names		4,361		3,776		585
Total identifiable intangible assets	$	79,748	$	71,116	$	8,632

December 31, 2016
Finite-lived intangibles:
Developed technology	$	65,527	$	56,986	$	8,541
Customer and distributor relationships		9,560		8,514		1,046
Trade names		4,361		3,675		686
Total identifiable intangible assets	$	79,448	$	69,175	$	10,273

Intangible asset amortization expense amounted to $1,940, $2,320 and $2,145 for the years ended December 31, 2017, 2016 and 2015, respectively. Assuming no change in the gross carrying value of identifiable intangible assets and estimated lives, estimated amortization expense will be $1,519 for 2018, $1,519 for 2019, $1,317 for 2020, $569 for 2021, and $503 for 2022.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details