Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

4.	Goodwill and Intangible Assets

The changes in the carrying amount of goodwill for the six months ended June 30, 2017 and 2016 were as follows (in thousands):

Goodwill
Balance as of January 1, 2017	$	2,734
Foreign currency translation adjustment		42
Balance as of June 30, 2017	$	2,776

Balance as of January 1, 2016	$	1,476
Foreign currency translation adjustment		55
Balance as of June 30, 2016	$	1,531

Information regarding the Company’s acquisition-related intangible assets is as follows (in thousands):

	Developed technology		Customer relationships		Trademarks and tradenames		Patents		Media Contact Database		Total
Gross carrying amounts:
Balance as of January 1, 2017	$	3,019	$	2,112	$	865	$	43	$	3,510	$	9,549
Foreign currency translation		84		65		4		1		75		229
Balance as of June 30, 2017	$	3,103	$	2,177	$	869	$	44	$	3,585	$	9,778

	Developed technology		Customer relationships		Trademarks and tradenames		Patents		Media Contact Database		Total
Gross carrying amounts:
Balance as of January 1, 2016	$	1,978	$	2,036	$	555	$	41	$	-	$	4,610
Foreign currency translation		137		141		17		3		-		298
Balance as of June 30, 2016	$	2,115	$	2,177	$	572	$	44	$	-	$	4,908

	Developed technology		Customer relationships		Trademarks and tradenames		Patents		Media Contact Database		Total
Accumulated amortization:
Balance as of January 1, 2017	$	545	$	425	$	203	$	10	$	175	$	1,358
Amortization expense		153		89		60		2		181		485
Foreign currency translation		18		15		2		1		2		38
Balance as of June 30, 2017	$	716	$	529	$	265	$	13	$	358	$	1,881

	Developed technology		Customer relationships		Trademarks and tradenames		Patents		Media Contact Database		Total
Accumulated amortization:
Balance as of January 1, 2016	$	280	$	240	$	98	$	5	$	-	$	623
Amortization expense		103		88		44		2		-		237
Foreign currency translation		22		20		3		2		-		47
Balance as of June 30, 2016	$	405	$	348	$	145	$	9	$	-	$	907

Amortization expense relating to acquisition-related intangible assets was $0.2 million and $0.1 million for the three months ended June 30, 2017 and 2016, respectively.

Amortization expense relating to acquisition-related intangible assets was $0.5 million and $0.2 million for the six months ended June 30, 2017 and 2016, respectively.

Estimated amortization expense for intangible assets after June 30, 2017 is as follows (in thousands):

Year	Amortization
2017	$	488
2018		975
2019		975
2020		910
2021		910
Thereafter		3,639
	$	7,897

- 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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