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Intangible Assets
9 Months Ended
Sep. 30, 2017
Intangible Assets  
Intangible Assets

Note 4 – Intangible Assets

Intangible asset activity for the nine months ended September 30, 2017 is detailed in the following table.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capitalized

 

Customer

 

    

 

 

Total Intangible

 

    

Technology

    

Relationships

    

Other

    

Assets

Net balance at December 31, 2016

 

$

11,392

 

$

24,774

 

$

10,383

 

$

46,549

Additions-Other

 

 

 —

 

 

 —

 

 

65

 

 

65

Net foreign currency translation

 

 

16

 

 

13

 

 

44

 

 

73

Amortization expense

 

 

(3,346)

 

 

(1,641)

 

 

(1,616)

 

 

(6,603)

Net balance at September 30, 2017

 

$

8,062

 

$

23,146

 

$

8,876

 

$

40,084

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2017 balance at cost

 

$

37,256

 

$

27,825

 

$

13,371

 

$

78,452

Accumulated amortization

 

 

(29,194)

 

 

(4,679)

 

 

(4,495)

 

 

(38,368)

Net balance at September 30, 2017

 

$

8,062

 

$

23,146

 

$

8,876

 

$

40,084

 

Certain intangible assets are denominated in local currencies and are subject to currency fluctuations.