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Goodwill and Other Intangible Assets
3 Months Ended
Mar. 31, 2015
Goodwill and Other Intangible Assets [Abstract]  
Goodwill and Intangible Assets [Text Block]
Goodwill and Other Intangible Assets
 
The Company's goodwill was $25.2 million as of March 31, 2015 and December 31, 2014.
 
The Company's intangible assets and related accumulated amortization as of March 31, 2015 and December 31, 2014 consisted of the following (in thousands):
 
 
 
 
March 31, 2015
 
December 31, 2014
 
Useful Life
 
Gross
 
Accumulated Amortization
 
Net
 
Gross
 
Accumulated Amortization
 
Net
Customer list
10 years
 
$
1,000.0

 
$
(420.1
)
 
$
579.9

 
$
1,000.0

 
$
(395.1
)
 
$
604.9

Manufacturing technology
10 years
 
3,900.0

 
(1,638.4
)
 
2,261.6

 
3,900.0

 
(1,540.9
)
 
2,359.1

Tradename
10 years
 
800.0

 
(336.1
)
 
463.9

 
800.0

 
(316.1
)
 
483.9

In process R&D
Indefinite
 
43,690.0

 

 
43,690.0

 
43,690.0

 

 
43,690.0

Patent rights
19 years
 
669.0

 
(255.3
)
 
413.7

 
669.0

 
(246.5
)
 
422.5

Total Intangible Assets
 
 
$
50,059.0

 
$
(2,649.9
)
 
$
47,409.1

 
$
50,059.0

 
$
(2,498.6
)
 
$
47,560.4


 
Total intangible amortization expense was classified in the operating expense categories for the periods included below as follows (in thousands):
 
 
 
Three Months Ended March 31,
 
 
2015
 
2014
Cost of revenue
 
$
79.2

 
$
79.2

Research and development
 
27.1

 
27.1

Selling, general and administrative
 
45.0

 
45.0

Total
 
$
151.3

 
$
151.3



Estimated intangible amortization expense on an annual basis for the succeeding five years is as follow (in thousands):

2015
$
453.9

2016
605.2

2017
605.2

2018
605.2

2019
605.2

Thereafter
44,534.4

Total
$
47,409.1