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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets

The following table presents our intangible assets as of June 30, 2016 and December 31, 2015:

 

(In thousands)

 

June 30, 2016

 

 

December 31, 2015

 

 

 

Gross

Value

 

 

Accumulated Amortization

 

 

Net Value

 

 

Gross

Value

 

 

Accumulated Amortization

 

 

Net Value

 

Customer relationships

 

$

5,925

 

 

$

(2,966

)

 

$

2,959

 

 

$

5,828

 

 

$

(2,627

)

 

$

3,201

 

Developed technology

 

 

5,778

 

 

 

(4,767

)

 

 

1,011

 

 

 

5,720

 

 

 

(4,329

)

 

 

1,391

 

Intellectual property

 

 

2,340

 

 

 

(2,021

)

 

 

319

 

 

 

2,340

 

 

 

(1,854

)

 

 

486

 

Trade names

 

 

270

 

 

 

(270

)

 

 

-

 

 

 

270

 

 

 

(265

)

 

 

5

 

Total

 

$

14,313

 

 

$

(10,024

)

 

$

4,289

 

 

$

14,158

 

 

$

(9,075

)

 

$

5,083

 

 

Estimated Future Amortization Expense Related to Intangible Assets

As of June 30, 2016, the estimated future amortization expense of our intangible assets is as follows:

 

(In thousands)

 

Amount

 

Remainder of 2016

 

$

807

 

2017

 

 

1,162

 

2018

 

 

702

 

2019

 

 

308

 

2020

 

 

285

 

Thereafter

 

 

1,025

 

Total

 

$

4,289