XML 30 R17.htm IDEA: XBRL DOCUMENT v3.5.0.2
Other Intangible Assets
6 Months Ended
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Other Intangible Assets
Other Intangible Assets
Other intangible assets are as follows (in thousands):
 
June 30, 2016
 
December 31, 2015
 
Cost
 
Accumulated Amortization
 
Cost
 
Accumulated Amortization
Finite-lived intangible assets:
 
 
 
 
 
 
 
Patents and technology
$
19,229

 
$
5,398

 
$
20,960

 
$
5,809

Customer lists
41,877

 
11,626

 
52,607

 
14,640

Trademarks and brand names
3,947

 
2,242

 
7,191

 
3,360

Total finite-lived intangible assets acquired
65,053

 
19,266

 
80,758

 
23,809

Deferred financing costs
1,812

 
1,063

 
1,665

 
858

Total amortizable intangible assets
66,865

 
$
20,329

 
82,423

 
$
24,667

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
Trademarks and brand names
11,630

 
 
 
11,630

 
 
Total other intangible assets
$
78,495

 
 
 
$
94,053

 
 
 
 
 
 
 
 
 
 
Carrying value:
 
 
 
 
 
 
 
Other intangible assets, net
$
58,166

 
 
 
$
69,386

 
 

Finite-lived intangible assets acquired are amortized on a straight-line basis over two to 20 years. Amortization of finite-lived intangible assets acquired totaled $0.9 million and $1.2 million for the three months ended June 30, 2016 and 2015, respectively, and $2.1 million and $2.4 million for the six months ended June 30, 2016 and 2015, respectively.
During the three months ended March 31, 2016, the Company recorded an impairment of finite-lived intangible assets of $9.2 million (see Note 3).
Amortization of deferred financing costs was $0.1 million and $0.1 million for the three months ended June 30, 2016 and 2015, respectively, and $0.2 million and $0.2 million for the six months ended June 30, 2016 and 2015, respectively.