Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets Goodwill and Intangible Assets (Tables)

v3.4.0.3
Goodwill and Intangible Assets Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
The following table sets forth the Company’s finite-lived intangible assets resulting from business acquisitions and technology licenses purchased, which continue to be amortized:
 
 
 
March 31, 2016
 
December 31, 2015
 
Weighted
Average
Useful Life
(in Years)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Value
 
Accumulated Amortization
 
Net Carrying Amount
 
 
 
(in thousands)
Licensed technology
3
 
$
2,921

 
$
(2,813
)
 
$
108

 
$
2,921

 
$
(2,725
)
 
$
196

Developed technology
7
 
47,000

 
(6,331
)
 
40,669

 
47,000

 
(4,652
)
 
42,348

Trademarks and trade names
7
 
1,700

 
(222
)
 
1,478

 
1,700

 
(162
)
 
1,538

Customer relationships
5
 
4,700

 
(862
)
 
3,838

 
4,700

 
(627
)
 
4,073

Backlog
1
 
24,200

 
(24,200
)
 

 
24,200

 
(24,200
)
 

 
 
 
$
80,521

 
$
(34,428
)
 
$
46,093

 
$
80,521

 
$
(32,366
)
 
$
48,155

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
The following table presents future amortization of the Company’s intangible assets at March 31, 2016:
 
Amortization
(in thousands)
2016 (nine months)
$
5,981

2017
7,931

2018
7,914

2019
7,897

2020
7,270

Thereafter
9,100

Total
$
46,093