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Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Other Intangible Assets  
Schedule of carrying values of definite-lived intangible assets

 

 

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

 

 

 

Patents

 

Non-
Compete

 

Customer
List

 

Total

 

Estimated useful life

 

14 years

 

5 years

 

5 years

 

 

 

Gross amount at December 31, 2015

 

$

429

 

$

512

 

$

2,046

 

$

2,987

 

Accumulated amortization at December 31, 2015

 

(429

)

(387

)

(1,535

)

(2,351

)

 

 

 

 

 

 

 

 

 

 

Net balance at December 31, 2015

 

$

 

$

125

 

$

511

 

$

636

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of future amortization expense related to intangible assets

Future amortization for the years ending December 31 will be approximately (in thousands):

 

2016

 

318 

 

2017

 

318 

 

 

 

 

 

Total

 

$

636