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Note 5. Goodwill and Other Intangible Assets
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets

The components of intangible assets are as follows (in 000’s):

 

   December 31, 2018
    

Gross Carrying

Amount

    

Accumulated

Amortization

    

Net Carrying

Amount

 
Customer lists  $1,770   $(1,770)  $—   
Customer relationships   3,735    (1,534)   2,201 
Proprietary software   782    (753)   29 
Distribution partner relationships   153    (8)   145 
Trademarks – definite-lived   173    (154)   19 
Trademarks – indefinite-lived   408    —      408 
Total intangible assets  $7,021   $(4,219)  $2,802 

 

   December 31, 2017
    

Gross Carrying

Amount

    

Accumulated

Amortization

    

Net Carrying

Amount

 
Customer lists  $1,770   $(1,770)  $—   
Customer relationships   3,424    (1,099)   2,325 
Proprietary software   782    (717)   65 
Trademarks – definite-lived   173    (113)   60 
Trademarks – indefinite-lived   408    —      408 
Total intangible assets  $6,557   $(3,699)  $2,858 

 

The Company performed its annual assessment for impairment of goodwill and intangible assets and determined there was no impairment as of and for the years ended December 31, 2018 and 2017.

 

The amortization of intangible assets is a charge to operating expenses and totaled $520,000 and $375,000 in the years ended 2018 and 2017, respectively.

 

The future amortization of the identifiable intangible assets is as follows (in 000’s):

 

Years Ending December 31:   
 2019   $513 
 2020    406 
 2021    255 
 2022    227 
 2023    227 
 Thereafter    766 
 Total   $2,394 

 

Our goodwill balance of $5,032,000 at December 31, 2018, was related to our acquisition of Basset Press in July 2007, PIR in 2013, ACCESSWIRE in 2014, Interwest in 2017 and FSCwire in 2018. We conducted our annual impairment analyses as of October 1, of 2018 and 2017 and determined that no goodwill was impaired.