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Goodwill and Other Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2019
Changes in Carrying Value of Goodwill
 
The following table represents the change in the carrying value of goodwill for the nine months ended September 30, 2019 (amounts in thousands):
Balance as of December 31, 2018
  $
326,735
 
Cumulative translation adjustment
   
(793
 )
Acquisition of C Technologies, Inc.
   
142,903
 
         
Balance as of September 30, 2019
  $
468,845
 
         
Intangible assets
Intangible assets, net consisted of the following at September 30, 2019:
 
September 30, 2019
 
  
Gross
Carrying
Value
 
  
Accumulated
Amortization
 
  
Net
Carrying
Value
 
  
Weighted
Average
Useful Life
(in years)
 
  
(Amounts in thousands)
   
 
Finite-lived intangible assets:
 
 
 
  
 
 
  
 
 
  
 
 
Technology
—
developed
  $
82,088
    $
(8,533
 )   $
73,555
     
19
  
Patents
   
240
     
(240
 )    
—  
      
8
  
Customer relationships
   
160,467
     
(22,769
 )    
137,698
     
15
  
Trademarks
   
3,751
     
(286
 )    
3,465
     
20
  
Other intangibles
   
1,696
     
(825
 )    
871
     
3
  
                                 
Total finite-lived intangible assets
   
248,242
     
(32,653
 )    
215,589
     
16
  
Indefinite-lived intangible asset:
 
 
 
  
 
 
  
 
 
  
 
 
Trademarks
   
700
     
—  
      
700
     
—  
  
                                 
Total intangible assets
  $
248,942
    $
(32,653
 )   $
216,289
     
 
                                 
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 September 30, 2019, the Company expects to record the following amortization expense (amounts in thousands):
         
 
Estimated
 
 
Amortization
 
Nine Months Ended September 30,
 
Expense
 
2019 (remaining three months)
  $
3,918
 
2020
   
15,129
 
2021
   
14,633
 
2022
   
14,631
 
2023
   
14,631
 
2024 and thereafter
   
152,647
 
         
Total
  $
215,589