Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.7.0.1
Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Acquired Intangible Assets
The following table summarizes acquired intangible assets as follows:
 
 
 
December 31, 2016
 
December 31, 2015
(In thousands)
Weighted
Average Life
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Gross Carrying
Amount
 
Accumulated
Amortization
Patents
4 Years
 
$
2,146

 
$
1,450

 
$
2,146

 
$
1,264

Noncompete Agreement
3 Years
 
2,500

 
979

 
2,500

 
479

Trade Names
7 Years
 
10,189

 
3,153

 
10,217

 
2,216

Completed and Unpatented Technology
6 Years
 
24,118

 
9,221

 
24,056

 
6,795

Backlog
-
 
11,224

 
11,224

 
11,202

 
10,793

Customer Relationships
12 Years
 
97,046

 
23,093

 
96,472

 
16,770

Total Intangible Assets
6 Years
 
$
147,223

 
$
49,120

 
$
146,593

 
$
38,317

Summary of Future Amortization Expense for Intangible Assets
Based upon acquired intangible assets at December 31, 2016, amortization expense for each of the next five years is estimated to be:
(In thousands)
 
2017
$
10,445

2018
10,133

2019
9,754

2020
9,198

2021
9,152