Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets Tables (Tables)

v3.6.0.2
Goodwill and Intangible Assets Tables (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill [Table Text Block]
The following table presents the changes in the carrying amount of goodwill for the periods indicated:    
 
Years Ended December 31,
 
2016
 
2015
 
(in thousands)
Beginning balance
$
49,779

 
$
1,201

Acquisition of wireless infrastructure access business
6,935

 

Acquisition of wireless infrastructure backhaul business
19,301

 

Acquisition of Entropic

 
48,578

Ending balance
$
76,015

 
$
49,779

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:
 
 
 
December 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
 
$
3,311

 
$
(2,957
)
 
$
354

 
$
2,921

 
$
(2,725
)
 
$
196

Developed technology
7
 
77,800

 
(13,550
)
 
64,250

 
47,000

 
(4,652
)
 
42,348

Trademarks and trade names
7
 
1,700

 
(405
)
 
1,295

 
1,700

 
(162
)
 
1,538

Customer relationships
3.7
 
20,000

 
(4,782
)
 
15,218

 
4,700

 
(627
)
 
4,073

Covenants non-compete
3
 
900

 
(156
)
 
744

 

 

 

Backlog
0.5
 
26,600

 
(26,600
)
 

 
24,200

 
(24,200
)
 

 
 
 
$
130,311

 
$
(48,450
)
 
$
81,861

 
$
80,521

 
$
(32,366
)
 
$
48,155


The amortization expense related to intangible assets for the years ended December 31, 2016, 2015 and 2014 was $16.1 million, $29.9 million and $0.4 million, respectively.

The following table sets forth the Company’s activities related to finite-lived intangible assets resulting from acquisitions, other additions, transfers to developed technology from IPR&D, and the related amortization of acquired finite-lived intangible assets:
 
Years Ended December 31,
 
2016
 
2015
 
(in thousands)
Beginning balance
$
48,155

 
$
3,086

Acquisition of Entropic

 
74,200

Acquisition of wireless infrastructure access business
12,300

 

Acquisition of wireless infrastructure backhaul business
34,000

 

Other additions
390

 
100

Transfers to developed technology from IPR&D
3,100

 
700

Amortization
(16,084
)
 
(29,931
)
Ending balance
$
81,861

 
$
48,155

Schedule of Indefinite-Lived Intangible Assets [Table Text Block]
The following table sets forth the Company’s activities related to the indefinite-lived intangible assets resulting from additions to IPR&D through acquisitions, transfers to developed technology from IPR&D and impairment losses:
 
Years Ended December 31,
 
2016
 
2015
 
(in thousands)
Beginning balance
$
3,200

 
$
7,300

Acquisition of Entropic

 
18,200

Acquisition of wireless infrastructure access business
1,300

 

Acquisition of wireless infrastructure backhaul business
22,300

 

Transfers to developed technology from IPR&D
(3,100
)
 
(700
)
Impairment losses
$
(1,300
)
 
$
(21,600
)
Ending balance
$
22,400

 
$
3,200