Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangibles Assets (Tables)

v3.8.0.1
Goodwill and Intangibles Assets (Tables)
3 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill [Table Text Block]
 
Carrying Amount
 
(in thousands)
Balance as of December 31, 2017
$
237,992

Adjustments
(182
)
Balance as of March 31, 2018
$
237,810

Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]
The following table sets forth the Company’s finite-lived intangible assets resulting from business acquisitions and other purchases, which continue to be amortized:
 
 
 
March 31, 2018
 
December 31, 2017
 
Weighted
Average
Useful Life
(in Years)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
 
 
(in thousands)
Licensed technology
3.7
 
$
2,070

 
$
(718
)
 
$
1,352

 
$
2,070

 
$
(575
)
 
$
1,495

Developed technology
6.9
 
241,561

 
(48,220
)
 
193,341

 
241,561

 
(39,252
)
 
202,309

Trademarks and trade names
6.1
 
13,800

 
(2,557
)
 
11,243

 
13,800

 
(1,992
)
 
11,808

Customer relationships
4.6
 
121,100

 
(33,908
)
 
87,192

 
121,100

 
(26,661
)
 
94,439

Non-compete covenants
3.0
 
1,100

 
(597
)
 
503

 
1,100

 
(506
)
 
594

 
6.1
 
$
379,631

 
$
(86,000
)
 
$
293,631

 
$
379,631

 
$
(68,986
)
 
$
310,645

Finite-lived Intangible Assets Amortization Expense [Table Text Block]
The following table sets forth amortization expense associated with finite-lived intangible assets, which is included in the consolidated statements of income as follows:
 
Three Months Ended March 31,
 
2018
 
2017
 
(in thousands)
Cost of net revenue
$
8,978

 
$
2,684

Research and development
42

 
137

Selling, general and administrative
7,994

 
1,881

 
$
17,014

 
$
4,702

Schedule of Finite-Lived Intangible Assets [Table Text Block]
The following table sets forth the activity during the three months ended March 31, 2018 related to finite-lived intangible assets resulting from amortization:
 
Carrying Amount
 
(in thousands)
Balance as of December 31, 2017
$
310,645

Amortization
(17,014
)
Balance as of March 31, 2018
$
293,631

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
The following table presents future amortization of the Company’s finite-lived intangible assets at March 31, 2018:
 
Amount
 
(in thousands)
2018 (9 months)
$
51,027

2019
57,191

2020
56,325

2021
55,542

2022
38,012

Thereafter
35,534

Total
$
293,631