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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 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 June 30, 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 June 30, 2018 and December 31, 2017. Fully amortized intangible assets have been removed from prior year balances for comparability.
(In thousands) |  | June 30, 2018 |  |  | December 31, 2017 |
|  | Gross Value |  |  | Accumulated Amortization |  |  | Net Value |  |  | Gross Value |  |  | Accumulated Amortization |  |  | Net Value |
Customer relationships |  | $ | 20,752 |  |  | $ | (4,781 | ) |  | $ | 15,971 |  |  | $ | 7,474 |  |  | $ | (4,283 | ) |  | $ | 3,191 |
Licensed technology |  |  | 5,900 |  |  |  | (191 | ) |  |  | 5,709 |  |  |  | — |  |  |  | — |  |  |  | — |
Developed technology |  |  | 5,452 |  |  |  | (4,772 | ) |  |  | 680 |  |  |  | 5,524 |  |  |  | (4,663 | ) |  |  | 861 |
Supplier relationship |  |  | 2,800 |  |  |  | (408 | ) |  |  | 2,392 |  |  |  | — |  |  |  | — |  |  |  | — |
Intellectual property |  |  | 930 |  |  |  | (919 | ) |  |  | 11 |  |  |  | 930 |  |  |  | (852 | ) |  |  | 78 |
Patent |  |  | 500 |  |  |  | (123 | ) |  |  | 377 |  |  |  | 500 |  |  |  | (89 | ) |  |  | 411 |
Non-compete |  |  | 200 |  |  |  | (159 | ) |  |  | 41 |  |  |  | 200 |  |  |  | (115 | ) |  |  | 85 |
Trade names |  |  | 100 |  |  |  | (90 | ) |  |  | 10 |  |  |  | 100 |  |  |  | (65 | ) |  |  | 35 |
Total |  | $ | 36,634 |  |  | $ | (11,443 | ) |  | $ | 25,191 |  |  | $ | 14,728 |  |  | $ | (10,067 | ) |  | $ | 4,661 |
Amortization expense, all of which relates to business acquisitions, was $1.0 million and $1.1 million for the three months ended June 30, 2018 and 2017, respectively, and $1.5 million and $1.9 million for the six months ended June 30, 2018 and 2017, respectively. As of June 30, 2018, the estimated future amortization expense of our intangible assets is as follows:
(In thousands) |  | Amount |
Remainder of 2018 |  | $ | 1,785 |
2019 |  |  | 3,542 |
2020 |  |  | 2,659 |
2021 |  |  | 2,365 |
2022 |  |  | 2,352 |
Thereafter |  |  | 12,488 |
Total |  | $ | 25,191 |

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