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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 2022
Goodwill and Intangible Assets. |
Goodwill and Intangible Assets | Note 6. Goodwill and Intangible Assets Goodwill In the third quarter of fiscal 2021, we completed the AffloVest Acquisition. The purchase price of the AffloVest product line exceeded the net acquisition-date estimated fair value amounts of the identifiable assets acquired and the liabilities assumed by $31.1 million, which was assigned to goodwill. ​ Intangible Assets Our patents and other intangible assets are summarized as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Weighted- | ​ | At June 30, 2022
​ | ​ | Average | ​ | Gross | ​ | ​ | ​ | ​
​ | ​ | Amortization | ​ | Carrying | ​ | Accumulated | ​ | Net
(In thousands) |  | Period | ​ | Amount | ​ | Amortization | ​ | Amount
Definite-lived intangible assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Patents | ​ | 12 years | ​ | $ | 723 | ​ | $ | 140 | ​ | $ | 583
Defensive intangible assets | ​ | 3 years | ​ | ​ | 1,125 | ​ | ​ | 678 | ​ | ​ | 447
Customer accounts | ​ | 1 year | ​ | ​ | 125 | ​ | ​ | 101 | ​ | ​ | 24
Customer relationships | ​ | 12 years | ​ | ​ | 31,000 | ​ | ​ | 1,934 | ​ | ​ | 29,066
Developed technology | ​ | 10 years | ​ | ​ | 13,000 | ​ | ​ | 959 | ​ | ​ | 12,041
Subtotal | ​ | ​ | ​ | ​ | 45,973 | ​ | ​ | 3,812 | ​ | ​ | 42,161
Unamortized intangible assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Tradenames | ​ | ​ | ​ | ​ | 9,500 | ​ | ​ | — | ​ | ​ | 9,500
Patents pending | ​ | ​ | ​ | ​ | 593 | ​ | ​ | — | ​ | ​ | 593
Total intangible assets | ​ | ​ | ​ | $ | 56,066 | ​ | $ | 3,812 | ​ | $ | 52,254
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Weighted- | ​ | At December 31, 2021
​ | ​ | Average | ​ | Gross | ​ | ​ | ​ | ​
​ | ​ | Amortization | ​ | Carrying | ​ | Accumulated | ​ | Net
(In thousands) |  | Period | ​ | Amount | ​ | Amortization | ​ | Amount
Definite-lived intangible assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Patents | ​ | 12 years | ​ | $ | 666 | ​ | $ | 109 | ​ | $ | 557
Defensive intangible assets | ​ | 3 years | ​ | ​ | 1,125 | ​ | ​ | 592 | ​ | ​ | 533
Customer accounts | ​ | 1 year | ​ |  | 125 | ​ |  | 89 | ​ |  | 36
Customer relationships | ​ | 13 years | ​ | ​ | 31,000 | ​ | ​ | 742 | ​ | ​ | 30,258
Developed technology | ​ | 11 years | ​ | ​ | 13,000 | ​ | ​ | 368 | ​ | ​ | 12,632
Subtotal | ​ | ​ | ​ | ​ | 45,916 | ​ | ​ | 1,900 | ​ | ​ | 44,016
Unamortized intangible assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Tradenames | ​ | ​ | ​ | ​ | 9,500 | ​ | ​ | — | ​ | ​ | 9,500
Patents pending | ​ | ​ | ​ | ​ | 565 | ​ | ​ | — | ​ | ​ | 565
Total intangible assets | ​ | ​ | ​ | $ | 55,981 | ​ | $ | 1,900 | ​ | $ | 54,081
​ Amortization expense was $1.0 million and $0.1 million for the three months ended June 30, 2022 and 2021, and $1.9 million and $0.1 million for the six months ended June 30, 2022 and 2021, respectively. Future amortization expenses are expected as follows: ​
​ | ​ | ​ | ​
(In thousands) | ​ | ​ | ​
2022 (July 1 - December 31) | ​ | $ | 1,913
2023 | ​ | ​ | 3,795
2024 | ​ |  | 3,773
2025 | ​ |  | 3,683
2026 | ​ |  | 3,619
Thereafter | ​ |  | 25,378
Total | ​ | $ | 42,161
​

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- 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 https://asc.fasb.org/topic&trid=2144416 + Details
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