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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets  
Schedule of changes in goodwill

 

 

 

 

 

 

 

 

 

 

 

    

Gross carrying

    

Accumulated

    

 

 

 

amount

 

impairment

 

Net amount

 

    

(in thousands)

Balance at December 31, 2016

 

$

238,108

 

$

123,200

 

$

114,908

Acquisition

 

 

192,223

 

 

 —

 

 

192,223

Balance at December 31, 2017

 

 

430,331

 

 

123,200

 

 

307,131

Impairment

 

 

 —

 

 

122,829

 

 

(122,829)

Balance at December 31, 2018

 

$

430,331

 

$

246,029

 

$

184,302

 

Schedule of intangible assets excluding goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

December 31, 2017

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

Accumulated

 

 

 

 

 

 

 

Accumulated

 

 

 

 

    

Remaining

    

Gross

    

Amortization

    

 

    

Gross

    

Amortization

    

 

 

 

Amortization

 

Carrying

 

and

 

Net

 

Carrying

 

and

 

Net

 

 

Period

 

Amount

 

Impairment

 

Amount

 

Amount

 

Impairment

 

Amount

 

 

(in years)

 

(in thousands)

Technology

 

6.4

 

$

337,218

 

$

290,808

 

$

46,410

 

$

307,588

 

$

133,121

 

$

174,467

Customer relationships

 

10.2

 

 

164,595

 

 

136,126

 

 

28,469

 

 

164,595

 

 

39,336

 

 

125,259

In-process R&D

 

 —

 

 

13,710

 

 

10,530

 

 

3,180

 

 

43,340

 

 

 —

 

 

43,340

Trademarks and tradenames

 

5.4

 

 

30,910

 

 

23,899

 

 

7,011

 

 

30,910

 

 

4,321

 

 

26,589

Other

 

1.3

 

 

3,686

 

 

3,607

 

 

79

 

 

3,686

 

 

3,498

 

 

188

Total

 

7.3

 

$

550,119

 

$

464,970

 

$

85,149

 

$

550,119

 

$

180,276

 

$

369,843

 

Schedule of estimated annual amortization expense, excluding in-process R&D for intangible assets with definite useful lives

 

 

 

 

 

 

Amortization

 

    

(in thousands)

2019

 

$

16,820

2020

 

 

15,894

2021

 

 

12,772

2022

 

 

10,438

2023

 

 

8,675

Thereafter

 

 

17,370

Total

 

$

81,969