XML 34 R24.htm IDEA: XBRL DOCUMENT v3.19.1
Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2019
Changes in Carrying Value of Goodwill The following table represents the change in the carrying value of goodwill for the three months ended March 31, 2019 (amounts in thousands):
 
Balance as of December 31, 2018
 
$
326,735
 
Cumulative translation adjustment
 
 
(340
)
Balance as of March 31, 2019
 
$
326,395
 
Intangible assets
Intangible assets, net consisted of the following at March 31, 2019:
 
 
 
March 31, 2019
 
 
 
Gross
Carrying
Value
 
 
Accumulated
Amortization
 
 
Net
Carrying
Value
 
 
Weighted
Average
Useful Life
(in years)
 
 
 
(Amounts in thousands)
 
 
 
 
Finite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Technology - developed
 
$
53,252
 
 
$
(6,625
)
 
$
46,627
 
 
 
19
 
Patents
 
 
240
 
 
 
(240
)
 
 
 
 
 
8
 
Customer relationships
 
 
101,170
 
 
 
(18,253
)
 
 
82,917
 
 
 
14
 
Trademarks
 
 
2,160
 
 
 
(188
)
 
 
1,972
 
 
 
20
 
Other intangibles
 
 
1,059
 
 
 
(627
)
 
 
432
 
 
 
3
 
Total finite-lived intangible assets
 
 
157,881
 
 
 
(25,933
)
 
 
131,948
 
 
 
16
 
Indefinite-lived intangible asset:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks
 
 
700
 
 
 
 
 
 
700
 
 
 
 
Total intangible assets
 
$
158,581
 
 
$
(25,933
)
 
$
132,648
 
 
 
 
 
 
Intangible assets consisted of the following at December 31, 2018:
 
 
 
December 31, 2018
 
 
 
Gross
Carrying
Value
 
 
Accumulated
Amortization
 
 
Net
Carrying
Value
 
 
Weighted
Average
Useful Life
(in years)
 
 
 
(Amounts in thousands)
 
 
 
 
Finite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Technology - developed
 
$
53,315
 
 
$
(5,942
)
 
$
47,373
 
 
 
19
 
Patents
 
 
240
 
 
 
(240
)
 
 
 
 
 
8
 
Customer relationships
 
 
101,460
 
 
 
(16,609
)
 
 
84,851
 
 
 
14
 
Trademarks
 
 
2,160
 
 
 
(159
)
 
 
2,001
 
 
 
20
 
Other intangibles
 
 
1,061
 
 
 
(548
)
 
 
513
 
 
 
3
 
Total finite-lived intangible assets
 
 
158,236
 
 
 
(23,498
)
 
 
134,738
 
 
 
16
 
Indefinite-lived intangible asset:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks
 
 
700
 
 
 
 
 
 
700
 
 
 
 
Total intangible assets
 
$
158,936
 
 
$
(23,498
)
 
$
135,438
 
 
 
 
 
Schedule of Amortization Expense for Amortized Intangible Assets As of March 31, 2019, the Company expects to record the following amortization expense (amounts in thousands):
 
 
 
Estimated
 
 
 
Amortization
 
For the Three Months Ended March 31,
 
Expense
 
2019 (remaining nine months)
 
$
7,851
 
2020
 
 
9,930
 
2021
 
 
9,453
 
2022
 
 
9,450
 
2023
 
 
9,451
 
2024 and thereafter
 
 
85,813
 
Total
 
$
131,948