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Intangible Assets
3 Months Ended
Mar. 31, 2020
Intangible Assets  
Intangible Assets

Note 6 – Intangible Assets

Intangible asset activity for the three months ended March 31, 2020 is detailed in the following table.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

 

in thousands

    

Acquired Technology

    

Customer Relationships

    

              Other              

    

Total Intangible Assets

Net balance at December 31, 2019

 

$

5,454

 

$

26,884

 

$

3,871

 

$

36,209

Additions

 

 

 —

 

 

 —

 

 

13

 

 

13

Net foreign currency translation

 

 

(203)

 

 

(607)

 

 

(6)

 

 

(816)

Amortization expense

 

 

(860)

 

 

(906)

 

 

(588)

 

 

(2,354)

Net balance at March 31, 2020

 

$

4,391

 

$

25,371

 

$

3,290

 

$

33,052

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2020 balance at cost

 

$

41,794

 

$

38,736

 

$

13,701

 

$

94,231

Accumulated amortization

 

 

(37,403)

 

 

(13,365)

 

 

(10,411)

 

 

(61,179)

Net balance at March 31, 2020

 

$

4,391

 

$

25,371

 

$

3,290

 

$

33,052

 

Certain intangible assets are denominated in local currencies and are subject to currency fluctuations. No impairment of intangible assets was recorded during the three months ended March 31, 2020 or March 31, 2019.