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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2018
Intangible assets

Intangible assets consisted of the following at June 30, 2018 (in thousands):

 

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

Technology – developed

   $ 51,701      $ (4,537      19  

Patents

     240        (240      8  

Customer relationships

     101,577        (12,986      14  

Trademark – definite lived

     2,160        (103      20  

Trademark – indefinite lived

     700        —          —    

Other intangibles

     1,062        (392      3  
  

 

 

    

 

 

    

 

 

 

Total intangible assets

   $ 157,440      $ (18,258      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 June 30, 2018, the Company expects to record amortization expense as follows (in thousands):

 

Years Ending

   Amortization Expense  

December 31, 2018 (six months remaining)

   $ 5,284  

December 31, 2019

     10,456  

December 31, 2020

     9,866  

December 31, 2021

     9,365  

December 31, 2022

     9,363