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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
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):  

 

 

 

 

 

 

 

Developed

 

 

Customer

 

 

 

 

 

 

 

Trademarks

 

 

Technology

 

 

Relationships

 

 

Total

 

Amortization period (in years)

 

5

 

 

10 - 12

 

 

4 - 12

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount at December 31, 2017

 

$

 

 

$

4,600

 

 

$

10,639

 

 

$

15,239

 

Accumulated amortization

 

0

 

 

 

(3,257

)

 

 

(7,617

)

 

 

(10,874

)

Intangible assets, net at December 31, 2017

 

$

 

 

$

1,343

 

 

$

3,022

 

 

$

4,365

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount at December 31, 2018

 

$

600

 

 

$

8,300

 

 

$

15,039

 

 

$

23,939

 

Accumulated amortization

 

 

(77

)

 

 

(3,978

)

 

 

(8,904

)

 

 

(12,959

)

Intangible assets, net at December 31, 2018

 

$

523

 

 

$

4,322

 

 

$

6,135

 

 

$

10,980

 

Amortization Expense Included in Condensed Consolidated Statements of Operations

The following table illustrates the amortization expense included in the consolidated statements of operations for the years ended December 31, 2018 and 2017 (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2018

 

 

2017

 

Cost of revenue

 

$

721

 

 

$

448

 

Selling and marketing

 

 

1,364

 

 

 

1,007

 

Total

 

$

2,085

 

 

$

1,455

 

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):

 

2019

 

$

2,386

 

2020

 

 

2,385

 

2021

 

 

930

 

2022

 

 

930

 

2023

 

 

853

 

Thereafter

 

 

3,496

 

Total

 

$

10,980

 

3VR and TSS  
Summary of Carrying Amount of Goodwill Resulting from Acquisitions of 3VR and TSS

The following table summarizes the carrying amount of goodwill resulting from the acquisitions of 3VR and TSS (in thousands):

 

 

 

Premises

 

 

Identity

 

 

Total

 

Balance at December 31, 2017

 

$

 

 

$

 

 

$

 

Acquisition of businesses

 

 

5,796

 

 

 

3,490

 

 

 

9,286

 

Balance at December 31, 2018

 

$

5,796

 

 

$

3,490

 

 

$

9,286