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Intangible Assets
3 Months Ended
Mar. 31, 2015
Intangible Assets [Abstract]  
Intangible Assets

(5)  Intangible Assets

 

Intangible assets other than goodwill at March 31, 2015 and December 31, 2014 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

 

 

 

(in thousands)

Gross

 

Accumulated Amortization

 

Net

 

Gross

 

Accumulated Amortization

 

Net

 

Useful Life (in years)

 

Weighted Average Useful Life Remaining (in years)

Intangible assets with finite lives:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Licenses

$

5,875 

 

$

(5,875)

 

$

 —

 

$

5,875 

 

$

(5,875)

 

$

 —

 

N/A

 

N/A

Patent costs

 

20,949 

 

 

(7,613)

 

 

13,336 

 

 

20,733 

 

 

(7,369)

 

 

13,364 

 

5-20

 

3

Acquired technology

 

71,498 

 

 

(20,687)

 

 

50,811 

 

 

57,383 

 

 

(18,241)

 

 

39,142 

 

3-10

 

4

Internally developed software

 

9,072 

 

 

(5,878)

 

 

3,194 

 

 

9,073 

 

 

(5,517)

 

 

3,556 

 

1-8

 

<1

Customer relationships

 

185,497 

 

 

(39,163)

 

 

146,334 

 

 

157,139 

 

 

(36,975)

 

 

120,164 

 

3-11

 

2

Non-compete agreements

 

35,114 

 

 

(12,637)

 

 

22,477 

 

 

35,469 

 

 

(11,784)

 

 

23,685 

 

3-11

 

3

Trade names

 

26,774 

 

 

(4,684)

 

 

22,090 

 

 

21,800 

 

 

(4,455)

 

 

17,345 

 

2-10

 

5

Other

 

41,983 

 

 

(8,854)

 

 

33,129 

 

 

39,100 

 

 

(6,905)

 

 

32,195 

 

4-10

 

1

Intangible assets with indefinite lives:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks

 

2,110 

 

 

 —

 

 

2,110 

 

 

2,110 

 

 

 

 

2,110 

 

N/A

 

N/A

Total intangible assets

$

398,872 

 

$

(105,391)

 

$

293,481 

 

$

348,682 

 

$

(97,121)

 

$

251,561 

 

1-20

 

4

 

For the quarter ended March 31, 2015 and 2014, the Company capitalized $203 and $210, respectively, of costs incurred to internally develop and extend patents in the United States and various other countries.

 

Amortization expense of intangible assets for the quarter ended March 31, 2015 and 2014 was $14,517 and $9,204 respectively.

 

Annual amortization expense for intangible assets is expected to be $54,467,  $48,813,  $43,796,  $35,663 and $25,876 for the years ended 2015, 2016, 2017, 2018 and 2019, respectively.