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Intangible Assets
6 Months Ended
Jun. 30, 2015
Intangible Assets [Abstract]  
Intangible Assets

(5)  Intangible Assets

 

Intangible assets other than goodwill as of June 30, 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

 

21,304 

 

 

(7,906)

 

 

13,398 

 

 

20,733 

 

 

(7,369)

 

 

13,364 

 

5-20

 

3

Acquired technology

 

74,096 

 

 

(24,427)

 

 

49,669 

 

 

57,383 

 

 

(18,241)

 

 

39,142 

 

3-10

 

4

Internally developed software

 

9,072 

 

 

(6,238)

 

 

2,834 

 

 

9,073 

 

 

(5,517)

 

 

3,556 

 

1-8

 

<1

Customer relationships

 

193,015 

 

 

(47,426)

 

 

145,589 

 

 

157,139 

 

 

(36,975)

 

 

120,164 

 

3-11

 

2

Non-compete agreements

 

35,526 

 

 

(14,301)

 

 

21,225 

 

 

35,469 

 

 

(11,784)

 

 

23,685 

 

3-11

 

3

Trade names

 

29,881 

 

 

(5,890)

 

 

23,991 

 

 

21,800 

 

 

(4,455)

 

 

17,345 

 

2-10

 

5

Other

 

41,690 

 

 

(10,910)

 

 

30,780 

 

 

39,100 

 

 

(6,905)

 

 

32,195 

 

4-10

 

1

Intangible assets with indefinite lives:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks

 

 —

 

 

 —

 

 

 —

 

 

2,110 

 

 

 

 

2,110 

 

N/A

 

N/A

Total intangible assets

$

410,459 

 

$

(122,973)

 

$

287,486 

 

$

348,682 

 

$

(97,121)

 

$

251,561 

 

1-20

 

4

 

For the quarter and six months ended June 30, 2015, the Company capitalized $357 and $560, respectively, of costs incurred to internally develop and extend patents in the United States and various other countries, compared to $172 and $382, respectively, for the quarter and six months ended June 30, 2014.

 

For the quarter and six months ended June 30, 2015, amortization expense on intangible assets was $17,481 and $31,997, respectively, compared to $8,211 and 17,414, respectively, for the quarter and six months ended June 30, 2014.

 

For the years ended 2015, 2016, 2017, 2018, and 2019, annual amortization expense on intangible assets is expected to be $61,040,  $54,704,  $47,189,  $39,046 and $28,471, respectively.