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Intangible Assets
12 Months Ended
Dec. 31, 2015
Intangible Assets Net Excluding Goodwill [Abstract]  
Intangible Assets

Note 5 – Intangible Assets

Intangible assets subject to amortization at December 31 were as follows:

 

December 31, 2015

 

Intangible Assets

Useful life

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Currency Exchange

 

 

Net

 

Amortized intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patents

5-15 years

 

$

11,823

 

 

$

(7,722

)

 

$

(261

)

 

$

3,840

 

Software license

3 years

 

 

1,212

 

 

 

(1,212

)

 

 

-

 

 

 

-

 

Developed product technology

2-10 years

 

 

152,309

 

 

 

(28,969

)

 

 

(5,929

)

 

 

117,411

 

Customer relationships

12 years

 

 

62,093

 

 

 

(8,491

)

 

 

(1,460

)

 

 

52,142

 

Trademarks and trade names

4-7 years

 

 

3,000

 

 

 

(2,125

)

 

 

-

 

 

 

875

 

Other

4-7 years

 

 

1,610

 

 

 

(309

)

 

 

(75

)

 

 

1,226

 

Total amortized intangible assets

 

 

 

232,047

 

 

 

(48,828

)

 

 

(7,725

)

 

 

175,494

 

Intangible assets with indefinite lives

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   In process research and development

Indefinite

 

 

11,400

 

 

 

-

 

 

 

-

 

 

 

11,400

 

Trademarks and trade names

Indefinite

 

 

10,303

 

 

 

-

 

 

 

(788

)

 

 

9,515

 

Total Intangible assets with indefinite lives

 

 

 

21,703

 

 

 

-

 

 

 

(788

)

 

 

20,915

 

Total intangible assets

 

 

$

253,750

 

 

$

(48,828

)

 

$

(8,513

)

 

$

196,409

 

 

December 31, 2014

 

Intangible Assets

Useful life

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Currency Exchange and Other

 

 

Net

 

Amortized intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patents

5-15 years

 

$

11,815

 

 

$

(7,014

)

 

$

(249

)

 

$

4,552

 

Software license

3 years

 

 

1,212

 

 

 

(1,212

)

 

 

-

 

 

 

-

 

Developed product technology

2-10 years

 

 

50,308

 

 

 

(24,224

)

 

 

(5,749

)

 

 

20,335

 

Customer relationships

12 years

 

 

20,393

 

 

 

(6,202

)

 

 

(1,351

)

 

 

12,840

 

Trademarks and trade names

4-7 years

 

 

3,000

 

 

 

(1,375

)

 

 

(59

)

 

 

1,566

 

Total amortized intangible assets

 

 

 

86,728

 

 

 

(40,027

)

 

 

(7,408

)

 

 

39,293

 

Intangible assets with indefinite lives

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and trade names

Indefinite

 

 

6,403

 

 

 

-

 

 

 

(668

)

 

 

5,735

 

Total Intangible assets with indefinite lives

 

 

 

6,403

 

 

 

-

 

 

 

(668

)

 

 

5,735

 

Total intangible assets

 

 

$

93,131

 

 

$

(40,027

)

 

$

(8,076

)

 

$

45,028

 

Amortization expense related to intangible assets subject to amortization was $9 million, $8 million and $8 million for the years ended December 31, 2015, 2014 and 2013, respectively.

Amortization of intangible assets is as follows:

 

2016

 

$

20,509

 

2017

 

 

18,826

 

2018

 

 

17,844

 

2019

 

 

17,297

 

2020

 

 

15,249

 

2021 and thereafter

 

 

85,769

 

Total

 

$

175,494