XML 23 R12.htm IDEA: XBRL DOCUMENT
v3.20.2

Goodwill And Other Intangible Assets | 9 Months Ended
--- | ---
Sep. 30, 2020
Goodwill And Other Intangible Assets [Abstract] |
Goodwill And Other Intangible Assets | Note 5 – Goodwill and Other Intangible Assets Goodwill allocated to the Company’s reportable segments was as follows:
(in thousands) |  | Americas |  | Asia |  | Total
Goodwill as of December 31, 2019 and September 30, 2020 | $ | 154,014 | $ | 38,102 | $ | 192,116
Other assets, net consist primarily of acquired identifiable intangible assets and capitalized purchased software costs. Intangible assets as of September 30, 2020 and December 31, 2019 were as follows:
|  | As of September 30, 2020
|  | Gross |  |  |  |  |  | Net
|  | Carrying |  | Accumulated |  | Carrying
(in thousands) |  | Amount |  | Amortization |  | Amount
Customer relationships | $ | 100,174 |  | $ | (51,789) |  | $ | 48,385
Purchased software costs |  | 44,467 |  |  | (32,974) |  |  | 11,493
Technology licenses |  | 28,800 |  |  | (26,445) |  |  | 2,355
Trade names and trademarks |  | 7,800 |  |  | — |  |  | 7,800
Other |  | 868 |  |  | (327) |  |  | 541
Total | $ | 182,109 |  | $ | (111,535) |  | $ | 70,574
|  | As of December 31, 2019
|  | Gross |  |  |  |  |  | Net
|  | Carrying |  | Accumulated |  | Carrying
(in thousands) |  | Amount |  | Amortization |  | Amount
Customer relationships | $ | 100,123 |  | $ | (46,981) |  | $ | 53,142
Purchased software costs |  | 41,604 |  |  | (32,012) |  |  | 9,592
Technology licenses |  | 28,800 |  |  | (24,100) |  |  | 4,700
Trade names and trademarks |  | 7,800 |  |  | — |  |  | 7,800
Other |  | 868 |  |  | (309) |  |  | 559
Total | $ | 179,195 |  | $ | (103,402) |  | $ | 75,793
Customer relationships are being amortized on a straight-line basis over a period of 10 to 14 years. Capitalized purchased software costs are amortized straight-line over the estimated useful life of the related software, which ranges from 2 to 14 years. Technology licenses are being amortized over their estimated useful lives in proportion to the economic benefits consumed. The Company’s acquired trade names and trademarks have been determined to have an indefinite life. Amortization on the statements of cash flow for the nine months ended September 30, 2020 and 2019 was as follows:
| Nine Months Ended
| September 30,
(in thousands) |  | 2020 |  |  | 2019
Amortization of intangible assets | $ | 7,120 |  | $ | 7,095
Amortization of capitalized purchased software costs |  | 1,074 |  |  | 1,029
Amortization of debt costs |  | 345 |  |  | 345
| $ | 8,539 |  | $ | 8,469
The estimated future amortization expense of acquired intangible assets and capitalized purchased software costs for each of the next five years is as follows (in thousands):
Year ending December 31, |  | Amount
2020 (remaining three months) | $ | 2,837
2021 |  | 8,230
2022 |  | 8,088
2023 |  | 6,759
2024 |  | 5,581

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration