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Note 4 - Goodwill and Intangible Assets
 3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Goodwill and Intangible Assets Disclosure [Text Block]
4.
Goodwill and Intangible Assets
Goodwill
 
The change in the carrying amount of goodwill for the
three
months ended
March 31, 2020
is as follows:
 
    March 31,
    2020
(in thousands)        
Balance at December 31, 2019   $
57,381
  
Effect of change in currency translation    
(589
 )
Balance at March 31, 2020   $
56,792
  
 
Intangible Assets
 
        March 31, 2020   December 31, 2019
        (in thousands)
Intangible assets:   Weighted
Average Life*
(Years)		   Gross   Accumulated
Amortization		   Net   Gross   Accumulated
Amortization		   Net
Distribution agreements/customer relationships    
8.4
     $
17,685
     $
(6,550
 )   $
11,135
     $
17,891
     $
(6,340
 )   $
11,551
  
Existing technology    
5.5
      
40,923
      
(20,327
 )    
20,596
      
41,222
      
(19,698
 )    
21,524
  
Trade names    
5.3
      
8,511
      
(3,667
 )    
4,844
      
7,692
      
(3,497
 )    
4,195
  
Patents    
-
      
206
      
(206
 )    
-
      
218
      
(218
 )    
-
  
Indefinite-lived tradename    
NA
      
232
      
-
      
232
      
1,135
      
0
      
1,135
  
Total intangible assets    
 
     $
67,557
     $
(30,750
 )   $
36,807
     $
68,158
     $
(29,753
 )   $
38,405
  
 
* Weighted average life as of
March 31, 2020.
 
During the
three
months ended
March 31, 2020,
the Company determined that
$0.9
million of tradenames previously classified as indefinite-lived should be classified as amortizing due to anticipated changes in worldwide marketing programs and estimated an economic life of
4
years for this intangible asset.
 
Intangible asset amortization expense was
$1.4
million for each of the
three
months ended
March 31, 2020
and
2019.
Amortization expense of existing amortizable intangible assets is currently estimated to be
$4.1
million for the remainder of
2020,
$5.5
million for the year ending
December 31, 2021,
$5.5
million for the year ending
December 31, 2022,
$5.3
million for the year ending
December 31, 2023,
$5.3
million for the year ending
December 31, 2024,
and
$4.2
million for the year ending
December 31, 2025.