Intangible Assets Disclosure |
GOODWILL AND INTANGIBLE ASSETS A summary of intangible assets is presented below: | | | | | | | | | | | | | | | | | | June 30, 2018 | (In thousands) | Weighted Average Amortization Period (in years) | | Gross Carrying Amount | | Accumulated Amortization | | Intangible Assets, net | In-process research & development | — | | $ | 19,753 |
| | $ | — |
| | $ | 19,753 |
| Supplier network | 10.0 | | 4,000 |
| | (1,467 | ) | | 2,533 |
| Customer relationships & other intangibles | 6.8 | | 42,175 |
| | (14,712 | ) | | 27,463 |
| Developed Technology | 10.0 | | 20,460 |
| | (1,705 | ) | | 18,755 |
| Patents | 16.5 | | 7,612 |
| | (1,143 | ) | | 6,469 |
| Total intangible assets | | | $ | 94,000 |
| | $ | (19,027 | ) | | $ | 74,973 |
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| | | | | | | | | | | | | | | | | | December 31, 2017 | (In thousands) | Weighted Average Amortization Period (in years) | | Gross Carrying Amount | | Accumulated Amortization | | Intangible Assets, net | In-process research & development | — | | $ | 20,003 |
| | $ | — |
| | $ | 20,003 |
| Supplier network | 10.0 | | 4,000 |
| | (1,267 | ) | | 2,733 |
| Customer relationships & other intangibles | 6.8 | | 41,345 |
| | (11,589 | ) | | 29,756 |
| Developed Technology | 10.0 | | 20,460 |
| | (682 | ) | | 19,778 |
| Patents | 16.9 | | 7,389 |
| | (1,000 | ) | | 6,389 |
| Total intangible assets | | | $ | 93,197 |
| | $ | (14,538 | ) | | $ | 78,659 |
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A summary of the net carrying value of goodwill is presented below: | | | | | (In thousands) | | December 31, 2016 | $ | 105,926 |
| Additions and adjustments | 17,907 |
| Foreign exchange | 57 |
| December 31, 2017 | 123,890 |
| Additions and adjustments | — |
| Foreign exchange | (140 | ) | June 30, 2018 | $ | 123,750 |
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