Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.3.1.900
Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Acquired Intangible Assets
The following table summarizes acquired intangible assets as follows:
 
 
 
December 31, 2015
 
December 31, 2014
(In thousands)
Weighted
Average Life
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Gross Carrying
Amount
 
Accumulated
Amortization
Patents
5 Years
 
$
2,146

 
$
1,264

 
$
2,146

 
$
1,077

Noncompete Agreement
4 Years
 
2,500

 
479

 
—

 
—

Trade Names
8 Years
 
10,217

 
2,216

 
8,304

 
1,288

Completed and Unpatented Technology
7 Years
 
24,056

 
6,795

 
18,107

 
4,396

Backlog
1 Year
 
11,202

 
10,793

 
10,902

 
9,629

Customer Relationships
13 Years
 
96,472

 
16,770

 
82,546

 
10,624

Total Intangible Assets
6 Years
 
$
146,593

 
$
38,317

 
$
122,005

 
$
27,014

Summary of Future Amortization Expense for Intangible Assets
Based upon acquired intangible assets at December 31, 2015, amortization expense for each of the next five years is estimated to be:
(In thousands)
 
2016
$
10,762

2017
$
10,336

2018
$
10,023

2019
$
9,622

2020
$
9,088