XML 29 R18.htm IDEA: XBRL DOCUMENT
v3.21.2

Intangible Assets | 6 Months Ended
--- | ---
Jun. 30, 2021
Intangible Assets Net Excluding Goodwill [Abstract] |
Intangible Assets | 10. INTANGIBLE ASSETS Intangible assets consisted of the following:
|  | As of June 30, 2021 |  |  | As of December 31, 2020 |
(In thousands) |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Book Value |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Book Value |
Customer relationships |  | $ | 20,985 |  |  | $ | (9,030 | ) |  | $ | 11,955 |  |  | $ | 21,123 |  |  | $ | (8,055 | ) |  | $ | 13,068 |
Developed technology |  |  | 8,200 |  |  |  | (3,114 | ) |  |  | 5,086 |  |  |  | 8,200 |  |  |  | (2,546 | ) |  |  | 5,654 |
Licensed technology |  |  | 5,900 |  |  |  | (2,158 | ) |  |  | 3,742 |  |  |  | 5,900 |  |  |  | (1,830 | ) |  |  | 4,070 |
Supplier relationships |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,800 |  |  |  | (2,800 | ) |  |  | — |
Licensing agreements |  |  | 560 |  |  |  | (189 | ) |  |  | 371 |  |  |  | 560 |  |  |  | (152 | ) |  |  | 408 |
Patents |  |  | 500 |  |  |  | (329 | ) |  |  | 171 |  |  |  | 500 |  |  |  | (294 | ) |  |  | 206 |
Trade names |  |  | 210 |  |  |  | (181 | ) |  |  | 29 |  |  |  | 210 |  |  |  | (146 | ) |  |  | 64 |
Total |  | $ | 36,355 |  |  | $ | (15,001 | ) |  | $ | 21,354 |  |  | $ | 39,293 |  |  | $ | (15,823 | ) |  | $ | 23,470 |
The Company evaluates the carrying value of intangible assets whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable and the undiscounted cash flows estimated to be generated by the asset are less than the asset’s carrying value. Due to the current economic environment, particularly related to COVID-19, the Company assessed impairment triggers related to intangible assets during the second quarters of 2021 and 2020. Based on this assessment, no triggers occurred that required us to perform an impairment test, and no impairment losses of intangible assets were recorded for the three and six months ended June 30, 2021 or 2020. Amortization expense was $1.0 million in each of the three months ended June 30, 2021 and 2020 and $2.1 million and $2.4 million for the six months ended June 30, 2021 and 2020, respectively, and was included in cost of revenue, selling, general and administrative expenses and research and development expenses in the Condensed Consolidated Statements of Income (Loss). Estimated future amortization expense of intangible assets was as follows:
|  | As of |
(In thousands) |  | June 30, 2021 |
2021 |  | $ | 2,028 |
2022 |  |  | 3,485 |
2023 |  |  | 3,333 |
2024 |  |  | 3,238 |
2025 |  |  | 3,029 |
Thereafter |  |  | 6,241 |
Total |  | $ | 21,354 |

X
- Definition The entire disclosure for all or part of the information related to 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
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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