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Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2017
Intangible assets

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

 

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

Technology – developed

   $ 51,775      $ (2,491      19  

Patents

     240        (230      8  

Customer relationships

     102,090        (7,774      15  

Trademark – indefinite lived

     2,860        —          —    

Other intangibles

     1,062        (116      3  
  

 

 

    

 

 

    

 

 

 

Total intangible assets

   $ 158,027      $ (10,611      16  
  

 

 

    

 

 

    

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

 

Years Ending

   Amortization Expense  

December 31, 2017 (three months remaining)

   $ 2,625  

December 31, 2018

     10,308  

December 31, 2019

     10,214  

December 31, 2020

     9,619  

December 31, 2021

     9,046