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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Change in the carrying amount of goodwill
The change in the carrying amount of goodwill during 2017 and 2018 was as follows (in thousands):
Balance at December 31, 2016
$
2,343

Goodwill from Nesscap Acquisition
11,624

Foreign currency translation adjustments
740

Balance at December 31, 2017
14,707

Foreign currency translation adjustments
(518
)
Balance at December 31, 2018
$
14,189

Schedule of intangible assets
The composition of intangible assets subject to amortization was as follows (in thousands):
 
 
As of December 31, 2018
 
 
Useful Life
(in years)
 
Gross Initial Carrying Value
 
Cumulative Foreign Currency Translation Adjustment
 
Accumulated Amortization
 
Net Carrying Value
Customer relationships - institutional
 
14
 
$
3,200

 
$
57

 
$
(390
)
 
$
2,867

Customer relationships - non-institutional
 
10
 
4,400

 
74

 
(759
)
 
3,715

Trademarks and trade names
 
10
 
1,500

 
25

 
(259
)
 
1,266

Developed technology
 
8
 
2,700

 
43

 
(587
)
 
2,156

Total intangible assets
 
 
 
$
11,800

 
$
199

 
$
(1,995
)
 
$
10,004

 
 
As of December 31, 2017
 
 
Useful Life
(in years)
 
Gross Initial Carrying Value
 
Cumulative Foreign Currency Translation Adjustment
 
Accumulated Amortization
 
Net Carrying Value
Customer relationships - institutional
 
14
 
$
3,200

 
$
197

 
$
(156
)
 
$
3,241

Customer relationships - non-institutional
 
10
 
4,400

 
266

 
(304
)
 
4,362

Trademarks and trade names
 
10
 
1,500

 
90

 
(103
)
 
1,487

Developed technology
 
8
 
2,700

 
160

 
(235
)
 
2,625

Total intangible assets
 
 
 
$
11,800

 
$
713

 
$
(798
)
 
$
11,715