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INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2018
INTANGIBLE ASSETS  
Schedule of intangible assets

Intangible assets on the Company’s consolidated balance sheets consist of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

December 31, 2017

 

    

 

    

Gross

    

Accumulated

    

Net Book

    

Gross

    

Accumulated

    

Net Book

 

 

Life

 

Amount

 

amortization

 

Value

 

Amount

 

amortization

 

Value

Customer lists

 

8 - 17 years

 

$

64,439

 

$

(15,343)

 

$

49,096

 

$

38,659

 

$

(12,721)

 

$

25,938

Trade name

 

10 - 19 years

 

 

12,249

 

 

(3,305)

 

 

8,944

 

 

6,213

 

 

(2,798)

 

 

3,415

Design and technologies

 

10 - 15 years

 

 

13,023

 

 

(2,723)

 

 

10,300

 

 

5,147

 

 

(2,443)

 

 

2,704

Patents

 

17 years

 

 

24

 

 

(10)

 

 

14

 

 

24

 

 

(8)

 

 

16

Total

 

 

 

$

89,735

 

$

(21,381)

 

$

68,354

 

$

50,043

 

$

(17,970)

 

$

32,073

 

Schedule of estimated amortization expense for intangible assets

Estimated amortization expense for intangible assets is as follows (in thousands):

 

 

 

 

Year ending December 31, 

    

Total

2019

 

$

5,736

2020

 

 

5,736

2021

 

 

5,481

2022

 

 

5,481

2023

 

 

5,400

Thereafter

 

 

40,520

 

 

$

68,354