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Basis of Presentation and Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Intangible Assets

The following table provides information related to our intangible assets as of December 31, 2018 and 2017 (in thousands):

 
December 31, 2018
 
December 31, 2017
 
Gross Carrying Amount
 
Accumulated Amortization
 
Total
 
Gross Carrying Amount
 
Accumulated Amortization
 
Total
Customer relationships
$
39,050

 
$
(23,688
)
 
$
15,362

 
$
39,050

 
$
(17,577
)
 
$
21,473

Trade name
11,407

 
(9,203
)
 
2,204

 
11,407

 
(6,494
)
 
4,913

Intellectual property
17,889

 
(4,386
)
 
13,503

 
9,892

 
(2,463
)
 
7,429

Non-compete agreement
1,160

 
(1,160
)
 

 
1,160

 
(1,080
)
 
80

Total intangible assets
$
69,506

 
$
(38,437
)
 
$
31,069

 
$
61,509

 
$
(27,614
)
 
$
33,895

Intangible Assets Amortization Expense
As of December 31, 2018, estimated amortization expense for the intangible assets for each of the next five years was as follows (in thousands):

Period
Amount
2019
$
11,020

2020
7,737

2021
6,320

2022
935

2023
923

Thereafter
4,134

Total
$
31,069

Schedule of Effect of New Accounting Pronouncements
The cumulative effect of the changes made to our consolidated January 1, 2018 balance sheet for the adoption of the new revenue standard was as follows (in thousands):
 
Balance at
 
Impact of
 
Balance at
 
December 31, 2017
 
Adjustments
 
January 1, 2018
Balance Sheet
 
 
 
 
 
Assets
 
 
 
 
 
Inventories, net
$
76,420

 
$
(3,560
)
 
$
72,860

Liabilities
 
 
 
 
 
Deferred revenue
4,703

 
(4,230
)
 
473

Stockholders’ Equity
 
 
 
 
 
Retained earnings
106,923

 
670

 
107,593