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Intangible Asset and Goodwill | 3 Months Ended
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Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Asset and Goodwill | Intangible Assets and Goodwill Goodwill The following tables present goodwill information for each of the reportable segments for the three months ended March 31, 2019:
Reportable Segment: |  | As of December 31, 2018 |  | Effect of Exchange Rates (1) |  | As of March 31, 2019
|  | (In thousands)
MID |  | $ | 66,643 |  |  | $ | — |  |  | $ | 66,643 |
RSD |  | 140,535 |  |  | 650 |  |  | 141,185 |
Total |  | $ | 207,178 |  |  | $ | 650 |  |  | $ | 207,828 |
(1) Effect of exchange rates relates to foreign currency translation adjustments for the period.
|  | As of
|  | March 31, 2019
Reportable Segment: |  | Gross Carrying Amount |  | Accumulated Impairment Losses |  | Net Carrying Amount
|  | (In thousands)
MID |  | $ | 66,643 |  |  | $ | — |  |  | $ | 66,643 |
RSD |  | 141,185 |  |  | — |  |  | 141,185 |
Other |  | 21,770 |  |  | (21,770 | ) |  | — |
Total |  | $ | 229,598 |  |  | $ | (21,770 | ) |  | $ | 207,828 |
Intangible Assets The components of the Company’s intangible assets as of March 31, 2019 and December 31, 2018 were as follows:
|  |  | As of March 31, 2019
| Useful Life |  | Gross Carrying Amount (1) |  | Accumulated Amortization (1) |  | Net Carrying Amount
|  |  | (In thousands)
Existing technology | 3 to 10 years |  | $ | 259,389 |  |  | $ | (217,734 | ) |  | $ | 41,655 |
Customer contracts and contractual relationships | 1 to 10 years |  | 67,395 |  |  | (55,143 | ) |  | 12,252 |
Non-compete agreements and trademarks | 3 years |  | 300 |  |  | (300 | ) |  | — |
In-process research and development | Not applicable |  | 1,600 |  |  | — |  |  | 1,600 |
Total intangible assets |  |  | $ | 328,684 |  |  | $ | (273,177 | ) |  | $ | 55,507 |
|  |  | As of December 31, 2018
| Useful Life |  | Gross Carrying Amount (1) |  | Accumulated Amortization (1) |  | Net Carrying Amount
|  |  | (In thousands)
Existing technology | 3 to 10 years |  | $ | 258,903 |  |  | $ | (213,824 | ) |  | $ | 45,079 |
Customer contracts and contractual relationships | 1 to 10 years |  | 67,667 |  |  | (54,410 | ) |  | 13,257 |
Non-compete agreements and trademarks | 3 years |  | 300 |  |  | (300 | ) |  | — |
In-process research and development | Not applicable |  | 1,600 |  |  | — |  |  | 1,600 |
Total intangible assets |  |  | $ | 328,470 |  |  | $ | (268,534 | ) |  | $ | 59,936 |
(1) The changes in gross carrying amount and accumulated amortization reflect the effects of exchange rates during the period. During the three months ended March 31, 2019 and 2018, the Company did not purchase or sell any intangible assets. Included in customer contracts and contractual relationships are favorable contracts which are acquired software and service agreements where the Company has no performance obligations. Cash received from these acquired favorable contracts reduces the favorable contract intangible asset. For the three months ended March 31, 2019 and 2018, the Company received $0.5 million and $0.9 million, respectively, related to the favorable contracts. As of March 31, 2019 and December 31, 2018, the net balance of the favorable contract intangible assets was $0.5 million and $0.9 million, respectively. Amortization expense for intangible assets for the three months ended March 31, 2019 and 2018 was $5.0 million and $10.5 million, respectively. The estimated future amortization of intangible assets as of March 31, 2019 was as follows (amounts in thousands):
Years Ending December 31: | Amount
2019 (remaining 9 months) | $ | 14,903 |
2020 | 20,023 |
2021 | 13,317 |
2022 | 2,062 |
2023 | 1,541 |
Thereafter | 2,061 |
Total amortizable purchased intangible assets | $ | 53,907 |
In-process research and development | 1,600 |
Total intangible assets | $ | 55,507 |
It is reasonably possible that the businesses could perform significantly below the Company's expectations or a deterioration of market and economic conditions could occur. This would adversely impact the Company's ability to meet its projected results, which could cause the goodwill in any of its reporting units or long-lived assets in any of its asset groups to become impaired. Significant differences between these estimates and actual cash flows could materially affect the Company's future financial results. If the Company determines that its goodwill or long-lived assets are impaired, it would be required to record a non-cash charge that could have a material adverse effect on its results of operations and financial position.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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