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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2017
Intangible assets

Intangible assets consisted of the following at June 30, 2017 (in thousands):

 

     Gross Carrying
Amount
     Accumulated
Amortization
     Weighted
Average
Useful Life
(in years)
 

Technology – developed

   $ 13,119      $ (1,926      17  

Patents

     240        (223      8  

Customer relationships

     23,312        (6,260      11  

Trademark

     711        —          —    

Other intangibles

     89        (49      2  
  

 

 

    

 

 

    

 

 

 

Total intangible assets

   $ 37,471      $ (8,458      13  
  

 

 

    

 

 

    

Intangible assets consisted of the following at December 31, 2016 (in thousands):

 

     Gross Carrying
Amount
     Accumulated
Amortization
     Weighted
Average
Useful Life
(in years)
 

Technology – developed

   $ 12,911      $ (1,468      17  

Patents

     240        (208      8  

Customer relationships

     22,555        (4,995      11  

Trademark/ tradename

     711        —          —    

Other intangibles

     84        (24      2  
  

 

 

    

 

 

    

 

 

 

Total intangible assets

   $ 36,501      $ (6,695      13  
  

 

 

    

 

 

    
Schedule of Amortization Expense for Amortized Intangible Assets

As of June 30, 2017, the Company expects to record amortization expense as follows (in thousands):

 

Years Ending

   Amortization Expense  

December 31, 2017 (six months remaining)

   $ 1,708  

December 31, 2018

     2,904  

December 31, 2019

     2,870  

December 31, 2020

     2,388  

December 31, 2021

     2,227