Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying amount of goodwill and accumulated impairment (loss) during the six months ended June 30, 2016 and year ended December 31, 2015 were as follows:


	Six Months Ended June 30,									Twelve Months Ended December 31,
	2016									2015
	Gross Carrying Amount			Accumulated Impairment (Loss)			Net			Gross Carrying Amount			Accumulated Impairment (Loss)			Net
Beginning balance at January 1	$	339,117		$	(139,414	)	$	199,703		$	331,795		$	(139,414	)	$	192,381
Acquired goodwill⁽¹⁾		395,784			—			395,784			8,017			—			8,017
Foreign currency translation		(2,882	)		—			(2,882	)		(695	)		—			(695	)

Ending balance at June 30, 2016 and December 31, 2015	$	732,019		$	(139,414	)	$	592,605		$	339,117		$	(139,414	)	$	199,703

⁽¹⁾

During 2016, the Company recorded $395,784 of goodwill related to the Newport Merger. During 2015, the Company recorded $7,042 of goodwill related to the acquisition of Precisive. During 2015, the Company recorded a purchase accounting adjustment of $975 primarily related to an inventory valuation adjustment related to an acquisition that occurred in 2014.

Intangible Assets

Components of the Company’s intangible assets are comprised of the following:


As of June 30, 2016:	Gross		Accumulated Amortization			Foreign Currency Translation			Net
Completed technology⁽¹⁾	$	176,586	$	(85,881	)	$	(366	)	$	90,339
Customer relationships⁽¹⁾		280,344		(20,906	)		(1,114	)		258,324
Patents, trademarks, trade names and other⁽¹⁾		99,822		(28,314	)		39			71,547
In-process research and development		6,899		—			(126	)		6,773

	$	563,651	$	(135,101	)	$	(1,567	)	$	426,983


As of December 31, 2015:	Gross		Accumulated Amortization			Foreign Currency Translation			Net
Completed technology ⁽²⁾	$	101,200	$	(82,330	)	$	(272	)	$	18,598
Customer relationships ⁽²⁾		37,251		(16,345	)		10			20,916
Patents, trademarks, trade names and other ⁽²⁾		30,396		(25,888	)		5			4,513

	$	168,847	$	(124,563	)	$	(257	)	$	44,027

⁽¹⁾

During 2016, the Company recorded $394,804 of separately identified intangible assets related to the Newport Merger, of which $75,386 was completed technology, $243,093 was customer relationships, $69,426 was patents, trademarks, trade names and other, and $6,899 was in-process research and development.

⁽²⁾	During 2015, the Company recorded $5,110 of separately identified intangible assets related to the acquisition of Precisive, of which $820 was completed technology, $1,430 was customer relationships and $2,860 was patents, trademarks, trade names and other.

Estimated Amortization Expense

Estimated amortization expense for each of the remaining fiscal years is as follows:


Year	Amount
2016 (remaining)	$	24,739
2017		41,424
2018		37,376
2019		37,333
2020		33,351
2021		26,896
Thereafter		170,664