XML 25 R16.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Goodwill and Intangible Assets | 3 Months Ended
--- | ---
Mar. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | 10. GOODWILL AND INTANGIBLE ASSETS Goodwill, all of which relates to our acquisition of Bluesocket, Inc., was $3.5 million at March 31, 2018 and December 31, 2017, of which $3.1 million and $0.4 million is allocated to our Network Solutions and Services & Support reportable segments, respectively. We evaluate the carrying value of goodwill during the fourth quarter of each year and between annual evaluations if events occur or circumstances change that would more likely than not reduce the fair value of the reporting unit below its carrying amount. We have elected to first assess the qualitative factors to determine whether it is more likely than not that the fair value of the reporting unit to which the goodwill is assigned is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step impairment test. If we determine that it is more likely than not that its fair value is less than its carrying amount, then the two-step impairment test will be performed. Based on the results of our qualitative assessment in 2017, we concluded that it was not necessary to perform the two-step impairment test. There have been no impairment losses recognized since the acquisition in 2011. Intangible assets are included in other assets in the accompanying Consolidated Balance Sheets and include intangibles acquired in conjunction with our acquisitions of Bluesocket, Inc. on August 4, 2011, the NSN BBA business on May 4, 2012, CommScope’s active fiber access business on September 13, 2016 and Sumitomo Electric Lightwave Corp.’s North American EPON business and technology license and OEM supply agreement with Sumitomo Electric Industries, Ltd. on March 19, 2018. The following table presents our intangible assets as of March 31, 2018 and December 31, 2017. Fully amortized intangible assets have been removed from prior year balances for comparability.
(In thousands) |  | March 31, 2018 |  |  | December 31, 2017 |
|  | Gross Value |  |  | Accumulated Amortization |  |  | Net Value |  |  | Gross Value |  |  | Accumulated Amortization |  |  | Net Value |
Customer relationships |  | $ | 20,998 |  |  | $ | (4,576 | ) |  | $ | 16,422 |  |  | $ | 7,474 |  |  | $ | (4,283 | ) |  | $ | 3,191 |
Licensed technology |  |  | 5,900 |  |  |  | (27 | ) |  |  | 5,873 |  |  |  | — |  |  |  | — |  |  |  | — |
Developed technology |  |  | 5,597 |  |  |  | (4,827 | ) |  |  | 770 |  |  |  | 5,524 |  |  |  | (4,663 | ) |  |  | 861 |
Supplier relationship |  |  | 2,800 |  |  |  | (58 | ) |  |  | 2,742 |  |  |  | — |  |  |  | — |  |  |  | — |
Intellectual property |  |  | 930 |  |  |  | (886 | ) |  |  | 44 |  |  |  | 930 |  |  |  | (852 | ) |  |  | 78 |
Patent |  |  | 500 |  |  |  | (106 | ) |  |  | 394 |  |  |  | 500 |  |  |  | (89 | ) |  |  | 411 |
Non-compete |  |  | 200 |  |  |  | (137 | ) |  |  | 63 |  |  |  | 200 |  |  |  | (115 | ) |  |  | 85 |
Trade names |  |  | 100 |  |  |  | (77 | ) |  |  | 23 |  |  |  | 100 |  |  |  | (65 | ) |  |  | 35 |
Total |  | $ | 37,025 |  |  | $ | (10,694 | ) |  | $ | 26,331 |  |  | $ | 14,728 |  |  | $ | (10,067 | ) |  | $ | 4,661 |
Amortization expense, all of which relates to business acquisitions, was $0.4 million and $1.1 million for the three months ended March 31, 2018 and 2017, respectively. As of March 31, 2018, the estimated future amortization expense of our intangible assets is as follows:
(In thousands) |  | Amount |
Remainder of 2018 |  | $ | 2,833 |
2019 |  |  | 3,559 |
2020 |  |  | 2,676 |
2021 |  |  | 2,380 |
2022 |  |  | 2,366 |
Thereafter |  |  | 12,517 |
Total |  | $ | 26,331 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration