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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Acquired Intangible Assets

The following is a summary of the Company’s acquired intangible assets (dollars in thousands):

 

 

Weighted

Average

Amortization

Period (years)

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Intangibles, Net

 

June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

10

 

 

$

4,830

 

 

$

1,479

 

 

$

3,351

 

Developed technologies

 

 

9

 

 

 

1,080

 

 

 

341

 

 

 

739

 

Tradename

 

 

3

 

 

 

120

 

 

 

86

 

 

 

34

 

Total intangible assets, net

 

 

 

 

 

$

6,030

 

 

$

1,906

 

 

$

4,124

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

10

 

 

$

4,830

 

 

$

1,237

 

 

$

3,593

 

Developed technologies

 

 

9

 

 

 

1,080

 

 

 

274

 

 

 

806

 

Tradename

 

 

3

 

 

 

120

 

 

 

67

 

 

 

53

 

Total intangible assets, net

 

 

 

 

 

$

6,030

 

 

$

1,578

 

 

$

4,452

 

Schedule of Estimated Annual Amortization of Intangible Assets

The estimated annual amortization of intangible assets for the next five years and thereafter is shown in the following table (in thousands):

 

 

 

 

Estimated Future Amortization

 

2019 (remaining six months)

 

$

(328

)

2020

 

 

(628

)

2021

 

 

(598

)

2022

 

 

(563

)

2023

 

 

(563

)

Thereafter

 

 

(1,444

)

Total

 

$

(4,124

)