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Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Gross Carrying Amount and Accumulated Amortization for Intangible Assets Resulting from Acquisitions

The following table summarizes the gross carrying amount and accumulated amortization for intangible assets resulting from acquisitions (in thousands):

 

 

 

Existing

 

 

Customer

 

 

 

 

 

 

 

Technology

 

 

Relationship

 

 

Total

 

Amortization period (in years)

 

 

11.75

 

 

4.0 – 11.75

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount at December 31, 2016

 

$

4,600

 

 

$

10,639

 

 

$

15,239

 

Accumulated amortization

 

 

(2,809

)

 

 

(6,610

)

 

 

(9,419

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible Assets, net at December 31, 2016

 

$

1,791

 

 

$

4,029

 

 

$

5,820

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount at March 31, 2017

 

$

4,600

 

 

$

10,639

 

 

$

15,239

 

Accumulated amortization

 

 

(2,921

)

 

 

(6,862

)

 

 

(9,783

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible Assets, net at March 31, 2017

 

$

1,679

 

 

$

3,777

 

 

$

5,456

 

 

Amortization Expense Included in Condensed Consolidated Statements of Operations

The following table illustrates the amortization expense included in the condensed consolidated statements of operations for the three months ended March 31, 2017 and 2016, respectively (in thousands):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2017

 

 

2016

 

Cost of revenue

 

$

112

 

 

$

112

 

Selling and marketing

 

 

252

 

 

 

252

 

Total

 

$

364

 

 

$

364

 

 

Estimated Future Amortization Expense of Purchased Intangible Assets with Definite Lives

The estimated annual future amortization expense for purchased intangible assets with definite lives over the next five years is as follows (in thousands):

 

2017 (remaining nine months)

 

$

1,091

 

2018

 

 

1,455

 

2019

 

 

1,455

 

2020

 

 

1,455

 

Thereafter

 

 

 

Total

 

$

5,456