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Note 6 - Intangible Assets
12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Goodwill and Intangible Assets Disclosure [Text Block]
6.
 
Intangible Assets
 
Intangible assets consisted of the following (
in thousands
):
 
 
 
 
Gross Carrying Amount
 
 
 
Accumulated

Amortization
 
 
Net Carrying Amount
 
 
 
Weighted Average Amortization Period in Years
 
December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
 
$
156,790
 
 
$
(104,740
)
 
$
52,050
 
 
 
12.8
 
Trade names
 
 
16,246
 
 
 
(16,215
)
 
 
31
 
 
 
0.7
 
Intellectual property
 
 
21,700
 
 
 
(6,670
)
 
 
15,030
 
 
 
4.1
 
Restrictive covenants
 
 
263
 
 
 
(234
)
 
 
29
 
 
 
0.7
 
Total
 
$
194,999
 
 
$
(127,859
)
 
$
67,140
 
 
 
 
 
 
 
 
 
Gross Carrying Amount
 
 
 
Accumulated

Amortization
 
 
Net Carrying Amount
 
 
 
Weighted Average Amortization Period in Years
 
December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
 
$
159,290
 
 
$
(89,106
)
 
$
70,184
 
 
 
11.3
 
Trade names
 
 
16,246
 
 
 
(13,916
)
 
 
2,330
 
 
 
1.0
 
Intellectual property
 
 
21,700
 
 
 
(2,874
)
 
 
18,826
 
 
 
5.2
 
Restrictive covenants
 
 
263
 
 
 
(121
)
 
 
142
 
 
 
1.3
 
Total
 
$
197,499
 
 
$
(106,017
)
 
$
91,482
 
 
 
 
 
 
Amortization expense of intangible assets is expected to approximate the following (
in thousands
):
 
Year ending December 31,
 
Amortization
2019
 
 
$
9,195
 
2020
 
 
 
7,664
 
2021
 
 
 
7,197
 
2022
 
 
 
7,197
 
2023
 
 
 
4,822
 
Thereafter
 
 
 
31,065
 
Total 
 
 
$
67,140
 
 
For the years ended
December 31, 2018,
2017
and
2016,
amortization expense related to intangible assets was
$24.3
million,
$22.6
million, and
$20.2
million, respectively. In addition, during the year ended
December 31, 2018,
some of the intangible assets became fully amortized.