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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2017

 

$

4,600

 

 

$

10,639

 

 

$

15,239

 

Accumulated amortization

 

 

(3,033

)

 

 

(7,114

)

 

 

(10,147

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible Assets, net at June 30, 2017

 

$

1,567

 

 

$

3,525

 

 

$

5,092

 

 

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 and six months ended June 30, 2017 and 2016, respectively (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Cost of revenue

 

$

112

 

 

$

112

 

 

$

224

 

 

$

224

 

Selling and marketing

 

 

252

 

 

 

252

 

 

 

504

 

 

 

504

 

Total

 

$

364

 

 

$

364

 

 

$

728

 

 

$

728

 

 

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 as of June 30, 2017 is as follows (in thousands):

 

2017 (remaining six months)

 

$

727

 

2018

 

 

1,455

 

2019

 

 

1,455

 

2020

 

 

1,455

 

Thereafter

 

 

 

Total

 

$

5,092