Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets, net (Tables)

v3.8.0.1
Goodwill and Intangible Assets, net (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of intangible assets, net
Intangible assets, net as of December 31, 2017 consist of the following (in thousands, except weighted average remaining life):
 
 
Cost
 
Accumulated
amortization
 
Carrying
value
 
Weighted
average
remaining life
(in years)
Customer relationships
 
$
14,660

 
$
(6,017
)
 
$
8,643

 
5.5
Developed technology
 
6,820

 
(3,963
)
 
2,857

 
2.2
Trade names
 
6,990

 
(4,196
)
 
2,794

 
4.0
Total
 
$
28,470

 
$
(14,176
)
 
$
14,294

 
 
Intangible assets, net as of December 31, 2016 consist of the following (in thousands, except weighted average remaining life):
 
 
Cost
 
Accumulated
amortization
 
Carrying
value
 
Weighted
average
remaining life
(in years)
Customer relationships
 
$
14,660

 
$
(4,317
)
 
$
10,343

 
6.4
Developed technology
 
6,820

 
(2,600
)
 
4,220

 
3.1
Trade names
 
6,990

 
(3,054
)
 
3,936

 
4.6
Total
 
$
28,470

 
$
(9,971
)
 
$
18,499

 
 
Schedule of expected amortization of intangible assets
As of December 31, 2017, expected amortization of intangible assets for each of the five succeeding fiscal years and thereafter is as follows (in thousands):
2018
$
4,205

2019
3,335

2020
2,143

2021
1,750

2022
1,743

Thereafter
1,118

Total
$
14,294