Goodwill and Intangible Assets

3 Months Ended

Mar. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

NOTE 4 – Goodwill and Intangible Assets

The table below sets forth the changes in goodwill:

Balance at December 31, 2018	$	132,437
Acquisition		2,570
Foreign currency translation adjustment		662
Balance at March 31, 2019	$	135,669

The increase in goodwill is related to the preliminary purchase price accounting allocation of an investment in Canyon Semiconductor. This amount possibly will be changed when the purchase price allocation becomes final later in 2019.

The table below sets forth the value of intangible assets, other than goodwill:

	March 31,			December 31,
	2019			2018
Intangible assets subject to amortization:
Gross carrying amount	$	243,447		$	238,867
Accumulated amortization		(110,894	)		(106,410	)
Foreign currency translation adjustment		(8,270	)		(8,281	)
Total		124,283			124,176
Intangible assets with indefinite lives:
Gross carrying amount		10,303			14,883
Foreign currency translation adjustment		(1,080	)		(1,124	)
Total		9,223			13,759
Total intangible assets, net	$	133,506		$	137,935

The table below sets forth amortization expense related to intangible assets subject to amortization:

Amortization expense	2019		2018
Three months ended March 31	$	4,484	$	4,767