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Capitalized Software Development Costs
6 Months Ended
Jun. 30, 2017
Research And Development [Abstract]  
Capitalized Software Development Costs

(5) Capitalized Software Development Costs

Capitalized software development costs consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

As of June 30, 2017

 

 

 

Gross

carrying

amount

 

 

Amortization

period

 

Accumulated

amortization

 

 

Net

carrying

amount

 

Capitalized software development costs

 

$

33,726

 

 

3 years

 

$

(24,436

)

 

$

9,290

 

Total capitalized software development costs

 

$

33,726

 

 

 

 

$

(24,436

)

 

$

9,290

 

 

 

 

 

 

 

 

 

 

As of December 31, 2016

 

 

 

Gross

carrying

amount

 

 

Amortization

period

 

Accumulated

amortization

 

 

Net

carrying

amount

 

Capitalized software development costs

 

$

30,658

 

 

3 years

 

$

(21,866

)

 

$

8,792

 

Total capitalized software development costs

 

$

30,658

 

 

 

 

$

(21,866

)

 

$

8,792

 

 

The Company capitalized software development costs of $3.1 million and $5.5 million for the six months ended June 30, 2017 and the year ended December 31, 2016, respectively.

Amortization expense for capitalized software development costs was $1.1 million and $2.6 million for the three and six months ended June 30, 2017, respectively, and $1.2 million and $2.3 million for the three and six months ended June 30, 2016, respectively. Amortization of capitalized software development costs is classified within cost of revenue in the consolidated statements of operations.

The expected amortization of capitalized software development costs, as of June 30, 2017, for each of the following years is as follows (in thousands):

 

 

 

Amounts

 

2017 (for the remaining six months)

 

$

2,303

 

2018

 

 

3,867

 

2019

 

 

2,610

 

2020

 

 

510

 

 

 

$

9,290