XML 40 R14.htm IDEA: XBRL DOCUMENT v3.2.0.727
Other Intangible Assets
6 Months Ended
Jun. 30, 2015
Other Intangible Assets  
Other Intangible Assets

 

(9)Other Intangible Assets

 

The carrying values of the Company’s definite lived intangible assets as of June 30, 2015 and December 31, 2014, are as follows (in thousands):

 

 

 

Patents

 

Non-
Compete

 

Customer
List

 

Total

 

Estimated useful life

 

14 years

 

5 years

 

5 years

 

 

 

Gross amount at June 30, 2015

 

$

429

 

$

512

 

$

2,046

 

$

2,987

 

Accumulated amortization at June 30, 2015

 

(429

)

(356

)

(1,408

)

(2,193

)

 

 

 

 

 

 

 

 

 

 

Net balance at June 30, 2015

 

$

 

$

156

 

$

638

 

$

794

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross amount at December 31, 2014

 

$

429

 

$

512

 

$

2,046

 

$

2,987

 

Accumulated amortization at December 31, 2014

 

(429

)

(325

)

(1,280

)

(2,034

)

 

 

 

 

 

 

 

 

 

 

Net balance at December 31, 2014

 

$

 

$

187

 

$

766

 

$

953

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization expense related to intangible assets was approximately $79,000 and $113,000 for the three-month periods ended June 30, 2015 and 2014, respectively, and $159,000 and $232,000 for the six-month periods ended June 30, 2015 and 2014, respectively.  The estimated remaining amortization expense as of June 30, 2015 is as follows (in thousands):

 

Remainder of:

                                                                                                                                                                

2015

 

$

158 

 

2016

 

318 

 

2017

 

318 

 

 

 

 

 

Total

 

$

794