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Goodwill and Intangible Assets, net
12 Months Ended
Dec. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, net

NOTE H – Goodwill and Intangible Assets, net

The changes in the net carrying amount of goodwill for the years ended December 31, 2018 and 2017 are as follows (in thousands):

 

 

 

2018

 

 

2017

 

Balances, January 1

 

$

51,613

 

 

$

49,777

 

Additions from business acquisitions

 

 

20,272

 

 

 

 

Foreign currency translation

 

 

(2,227

)

 

 

1,836

 

Balances, December 31

 

$

69,658

 

 

$

51,613

 

Intangible assets, net included the following (in thousands):

 

 

 

December 31, 2018

 

 

 

Carrying Amount

 

 

Accumulated Amortization

 

 

Foreign

Currency

Translation

 

 

Net

 

Subscriber relationships

 

$

43,212

 

 

$

(23,284

)

 

$

(623

)

 

$

19,305

 

Non-competition agreements

 

 

2,560

 

 

 

(2,247

)

 

 

(28

)

 

 

285

 

Technology and other

 

 

5,199

 

 

 

(2,012

)

 

 

(36

)

 

 

3,151

 

 

 

$

50,971

 

 

$

(27,543

)

 

$

(687

)

 

$

22,741

 

 

 

 

December 31, 2017

 

 

 

Carrying Amount

 

 

Accumulated Amortization

 

 

Foreign

Currency

Translation

 

 

Net

 

Subscriber relationships

 

$

34,350

 

 

$

(19,592

)

 

$

614

 

 

$

15,372

 

Non-competition agreements

 

 

2,499

 

 

 

(2,058

)

 

 

45

 

 

 

486

 

Technology and other

 

 

2,130

 

 

 

(1,518

)

 

 

59

 

 

 

671

 

 

 

$

38,979

 

 

$

(23,168

)

 

$

718

 

 

$

16,529

 

Amortization expense was $4.1 million, $4.6 million and $4.7 million for the years ended December 31, 2018, 2017 and 2016, respectively.  At December 31, 2018, future amortization expense for intangible assets was as follows (in thousands):

 

2019

 

$

5,026

 

2020

 

 

4,679

 

2021

 

 

3,845

 

2022

 

 

2,742

 

2023

 

 

2,668

 

Thereafter

 

 

3,781

 

 

 

$

22,741