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Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2018
Intangible assets

Intangible assets consisted of the following at March 31, 2018 (in thousands):

 

     Gross Carrying
Amount
     Accumulated
Amortization
     Weighted
Average
Useful Life
(in years)
 

Technology – developed

   $ 51,860      $ (3,898      19  

Patents

     240        (240      8  

Customer relationships

     102,210        (11,446      14  

Trademark – definite lived

     2,160        (75      20  

Trademark – indefinite lived

     700        —          —    

Other intangibles

     1,066        (304      3  
  

 

 

    

 

 

    

 

 

 

Total intangible assets

   $ 158,236      $ (15,963      16  
  

 

 

    

 

 

    

Intangible assets consisted of the following at December 31, 2017 (in thousands):

 

     Gross Carrying
Amount
     Accumulated
Amortization
     Weighted
Average
Useful Life
(in years)
 

Technology – developed

   $ 51,801      $ (3,201      19  

Patents

     240        (238      8  

Customer relationships

     102,120        (9,636      14  

Trademarks – definite lived

     2,160        (47      20  

Trademarks – indefinite lived

     700        —          —    

Other intangibles

     1,063        (209      3  
  

 

 

    

 

 

    

 

 

 

Total intangible assets

   $ 158,084      $ (13,331      16  
  

 

 

    

 

 

    
Schedule of Amortization Expense for Amortized Intangible Assets

As of March 31, 2018, the Company expects to record amortization expense as follows (in thousands):

 

Years Ending

   Amortization Expense  

December 31, 2018 (nine months remaining)

   $ 7,978  

December 31, 2019

     10,513  

December 31, 2020

     9,910  

December 31, 2021

     9,395  

December 31, 2022

     9,395