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Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2018
Intangible assets

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

 

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

Technology – developed

   $ 51,689      $ (5,221      19  

Patents

     240        (240      8  

Customer relationships

     101,563        (14,821      14  

Trademark – definite lived

     2,160        (131      20  

Trademark – indefinite lived

     700        —          —    

Other intangibles

     1,061        (466      3  
  

 

 

    

 

 

    

Total intangible assets

   $ 157,413      $ (20,879      16  
  

 

 

    

 

 

    

Intangible assets consisted of the following at December 31, 2017 (amounts 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 September 30, 2018, the Company expects to record amortization expense as follows (amounts in thousands):

 

Years Ending

   Amortization Expense  

December 31, 2018 (three months remaining)

   $ 2,636  

December 31, 2019

     10,433  

December 31, 2020

     9,854  

December 31, 2021

     9,363  

December 31, 2022

     9,361