XML 43 R32.htm IDEA: XBRL DOCUMENT v3.19.1
INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2019
INTANGIBLE ASSETS  
Schedule of intangible assets

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2019

 

December 31, 2018

 

    

 

 

 

 

    

Gross

    

Accumulated

    

Net Book

    

Gross

    

Accumulated

    

Net Book

 

 

Life

 

Amount

 

amortization

 

Value

 

Amount

 

amortization

 

Value

Customer lists

 

8

-

17

years

 

$

64,316

 

$

(16,297)

 

$

48,019

 

$

64,439

 

$

(15,343)

 

$

49,096

Trade name

 

10

-

19

years

 

 

12,222

 

 

(3,502)

 

 

8,720

 

 

12,249

 

 

(3,305)

 

 

8,944

Design and technologies

 

10

-

15

years

 

 

12,928

 

 

(2,893)

 

 

10,035

 

 

13,023

 

 

(2,723)

 

 

10,300

Patents

 

17

years

 

 

24

 

 

(10)

 

 

14

 

 

24

 

 

(10)

 

 

14

Total

 

 

 

 

 

 

$

89,490

 

$

(22,702)

 

$

66,788

 

$

89,735

 

$

(21,381)

 

$

68,354

 

Schedule of estimated amortization expense for intangible assets

Estimated future intangible asset amortization expense as of March 31, 2019 is as follows (in thousands):

 

 

 

 

 

 

 

Estimated 

 

 

Amortization

 

    

Expense

Remainder of 2019

 

$

4,289

2020

 

 

5,719

2021

 

 

5,470

2022

 

 

5,470

2023

 

 

5,389

2024

 

 

5,087

Thereafter

 

 

35,364

Total estimated amortization expense

 

$

66,788