Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.8.0.1
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Acquired Intangible Assets
The following table summarizes acquired intangible assets as follows:
 
 
 
December 31, 2017
 
December 31, 2016
(In thousands)
Weighted
Average Life
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Gross Carrying
Amount
 
Accumulated
Amortization
Patents
11 Years
 
$
2,146

 
$
1,629

 
$
2,146

 
$
1,450

Non-compete Agreement
4 Years
 
10,900

 
1,687

 
2,500

 
979

Trade Names
10 Years
 
11,492

 
4,114

 
10,189

 
3,153

Completed and Unpatented Technology
10 Years
 
38,114

 
11,931

 
24,118

 
9,221

Backlog
2 Years
 
14,424

 
12,184

 
11,224

 
11,224

Customer Relationships
16 Years
 
137,967

 
30,005

 
97,046

 
23,093

Total Intangible Assets
13 Years
 
$
215,043

 
$
61,550

 
$
147,223

 
$
49,120

Summary of Future Amortization Expense for Intangible Assets
Based upon acquired intangible assets at December 31, 2017, amortization expense for each of the next five years is estimated to be:
(In thousands)
 
2018
$
19,354

2019
$
16,700

2020
$
15,975

2021
$
14,065

2022
$
13,631