Goodwill and Intangible Assets (Notes)

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

Goodwill and Intangible Assets, Net

Goodwill

The following table presents the changes in the carrying amount of our goodwill (in thousands):

	Total
Balance as of January 1, 2020	$	31,245
Currency translation	(478		)
Balance as of March 31, 2020	$	30,767

Intangible Assets, Net

Intangible assets, carried at cost less accumulated amortization and amortized on a straight-lined basis, were as follows (in thousands):

	Weighted Average	March 31, 2020
	Amortization Life in Years	Cost		Accumulated Amortization		Net
Patents	10	$	22,854	$	13,886	$	8,968
Customer contracts	12	10,093		5,584		4,509
Non-contractual customer relationships	9	56,258		21,102		35,156
Trademarks	4	425		425		—
Trade name	15	18,237		2,555		15,682
Developed technology	13	152,893		27,403		125,490
Non-compete	3	2,500		347		2,153
Total amortized intangible assets		$	263,260	$	71,302	$	191,958
Internally developed software*		$	14,879			$	14,879
Total intangible assets		$	278,139	$	71,302	$	206,837

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* Internally developed software will be amortized when the projects are complete and the assets are ready for their intended use.

	Weighted Average	December 31, 2019
	Amortization Life in Years	Cost		Accumulated Amortization		Net
Patents	10	$	22,322	$	13,519	$	8,803
Customer contracts	12	10,122		5,506		4,616
Non-contractual customer relationships	9	57,296		19,787		37,509
Trademarks	4	425		425		—
Trade name	15	18,256		2,254		16,002
Developed technology	13	152,354		24,228		128,126
Non-compete	3	2,500		139		2,361
Total amortized intangible assets		$	263,275	$	65,858	$	197,417
Internally developed software*		$	13,991			$	13,991
Total intangible assets		$	277,266	$	65,858	$	211,408

______________________________

* Internally developed software will be amortized when the projects are complete and the assets are ready for their intended use.

Intangible assets with definite lives are amortized on a straight-line basis over their estimated useful lives. During the three months ended March 31, 2020 and 2019, intangible asset amortization expense was $5.8 million and $4.0 million, respectively.

As of March 31, 2020 estimated annual amortization for our intangible assets for each of the next five years is approximately (in thousands):

Remainder of 2020	$	17,424
2021	22,997
2022	22,355
2023	21,512
2024	21,422
2025	15,629
Thereafter	70,619
Total	$	191,958