Note 4 - Goodwill and Intangible Assets

9 Months Ended

Sep. 30, 2017

Goodwill and Intangible Assets Disclosure [Text Block]

(

)

Goodwill and Intangible Assets

The change in the carrying amount of goodwill for the

nine

months ended

September 30, 2017,

is as follows:

Balance as of December 31, 2016	$	40,323
Translation effect		2,877
Balance as of September 30, 2017	$	43,200

Acquired intangible assets, which are amortized, consist of the following:

				As of September 30, 2017
	Amortization Period (in years)			Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount

Internal-use software	3	-	7	$	6,971	$	(1,535	)	$	5,436
Technology-based intangibles		20			3,589		(1,346	)		2,243
Customer-related intangibles	10	-	15		7,597		(1,047	)		6,550
				$	18,157	$	(3,928	)	$	14,229

				As of December 31, 2016
	Amortization Period (in years)			Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount

Internal-use software	3	-	7	$	6,444	$	(829	)	$	5,615
Technology-based intangibles		20			3,204		(1,082	)		2,122
Customer-related intangibles	10	-	15		7,522		(459	)		7,063
				$	17,170	$	(2,370	)	$	14,800

The change in the gross carrying amount is due to additions and the impact of foreign currency translation.

Amortization expense was

$477

and

$1,375

for the

three

and

nine

months ended

September 30, 2017,

respectively. Amortization expense was

$227

and

$614

for the

three

and

nine

months ended

September 30, 2016,

respectively.

Amortization expense related to intangible assets is expected to be approximately

$1,881

for

2017,

$2,019

for

2018

and

2019,

and

$2,003

for

2020

and

2021.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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