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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Gross Carrying Amount of Goodwill

The following table displays the changes in the gross carrying amount of goodwill (in thousands):

 

 

Amount

 

Balance at December 31, 2017

 

$

31,328

 

Foreign currency translation

 

 

(251

)

Payments made for acquisition

 

 

 

Balance at March 31, 2018

 

$

31,077

 

 

Schedule of Intangible Assets

Intangible assets consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

As of  March 31, 2018

 

 

 

Gross

carrying

amount

 

 

Weighted

average life

(years)

 

Accumulated

amortization

 

 

Net

carrying

amount

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

$

4,075

 

 

3.04

 

$

(2,282

)

 

$

1,793

 

Tradenames

 

 

2,634

 

 

5.18

 

 

(822

)

 

 

1,812

 

Non-compete

 

 

240

 

 

2.00

 

 

(140

)

 

 

100

 

Customer relationships

 

 

8,669

 

 

5.00

 

 

(4,422

)

 

 

4,247

 

Total intangible assets

 

$

15,618

 

 

 

 

$

(7,666

)

 

$

7,952

 

 

 

 

 

 

 

 

 

 

As of December 31, 2017

 

 

 

Gross

carrying

amount

 

 

Weighted

average life

(years)

 

Accumulated

amortization

 

 

Net

carrying

amount

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

$

4,065

 

 

3.04

 

$

(2,017

)

 

$

2,048

 

Tradenames

 

 

2,495

 

 

5.18

 

 

(701

)

 

 

1,794

 

Non-compete

 

 

240

 

 

2.00

 

 

(110

)

 

 

130

 

Customer relationships

 

 

8,556

 

 

5.00

 

 

(3,894

)

 

 

4,662

 

Total intangible assets

 

$

15,356

 

 

 

 

$

(6,722

)

 

$

8,634

 

 

Schedule of Expected Amortization of Intangible Assets

The expected amortization of the intangible assets, as of March 31, 2018, for each of the next five years and thereafter is as follows (in thousands):

 

 

 

Amounts

 

2018 (for the remaining nine months)

 

$

2,493

 

2019

 

 

2,611

 

2020

 

 

1,366

 

2021

 

 

1,295

 

2022 and thereafter

 

 

187

 

 

 

$

7,952