Goodwill and Intangible Assets

9 Months Ended

Sep. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill consists of the following (in thousands):



	September 30, 2016		December 31, 2015
Beginning balance	$	91,301	$	91,301
Addition due to acquisition	23,679		—
Ending balance	$	114,980	$	91,301

Intangible assets as of September 30, 2016 and December 31, 2015 consist of the following (in thousands, except weighted-average amortization period):



	September 30, 2016
	Weighted-Average Amortization Period (in months)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Developed technologies	60	$	15,017	$	(7,779	)	$	7,238
Customer lists	47	9,830		(3,192		)	6,638
Trade names	48	5,243		(1,661		)	3,582
Non-compete agreements	30	1,720		(1,177		)	543
Master service agreements	21	1,030		(972		)	58
Indefinite-lived trade name	—	3,600		—			3,600
Total intangible assets		$	36,440	$	(14,781	)	$	21,659



	December 31, 2015
	Weighted-Average Amortization Period (in months)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Developed technologies	52	$	9,417	$	(6,702	)	$	2,715
Customer lists	20	2,820		(2,239		)	581
Trade names	48	2,343		(920		)	1,423
Non-compete agreements	28	1,220		(832		)	388
Master service agreements	21	1,030		(872		)	158
Indefinite-lived trade name	—	3,600		—			3,600
Total intangible assets		$	20,430	$	(11,565	)	$	8,865

During the three and nine months ended September 30, 2016, amortization expense related to our acquired intangible assets totaled approximately $1.4 million and $3.2 million, respectively. During the three and nine months ended September 30, 2015, amortization expense related to our acquired intangible assets totaled approximately $1.1 million and $4.1 million, respectively.

As of September 30, 2016, the estimated future amortization expense related to our finite-lived intangible assets is as follows (in thousands):



Remaining three months of 2016	$	1,376
2017	5,153
2018	4,255
2019	3,433
2020	2,153
Thereafter	1,689
Total	$	18,059

- 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.

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