Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v2.4.1.9
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Acquired Intangible Assets

The following table summarizes acquired intangible assets as follows:

 

    

December 31, 2014

     December 31, 2013  
(In thousands)   

Weighted

Average Life

   Gross Carrying
Amount
     Accumulated
Amortization
     Gross Carrying
Amount
     Accumulated
Amortization
 

Patents

   6 Years    $ 2,146       $ 1,077       $ 2,146       $ 891   

Trade Names

   9 Years      8,304         1,288         7,453         552   

Completed and Unpatented Technology

   7 Years      18,107         4,396         15,377         2,620   

Backlog and Customer Relationships

   12 Years      93,448         20,253         88,998         7,210   
     

 

 

    

 

 

    

 

 

    

 

 

 

Total Intangible Assets

9 Years $ 122,005    $ 27,014    $ 113,974    $ 11,273   
     

 

 

    

 

 

    

 

 

    

 

 

 
Summary of Amortization Expense for Intangible Assets for Each of Next Five Years

Based upon acquired intangible assets at December 31, 2014, amortization expense for each of the next five years is estimated to be:

 

(In thousands)       

2015

   $ 9,148   

2016

   $ 8,691   

2017

   $ 8,273   

2018

   $ 7,960   

2019

   $ 7,559