Goodwill and Intangible Assets

3 Months Ended

Mar. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying amount of goodwill for the three months ended March 31, 2016 were as follows (in thousands):



Balance, beginning of period	$	9,596
Purchase accounting adjustments ^(a)	(372		)
Foreign currency translation adjustment	(45		)
Balance, end of period	$	9,179

^(a)Purchase accounting adjustments related to deferred tax liabilities associated with finalization of the short-period tax returns for MediaSolv. There was no impact to the condensed consolidated statements of operations for these adjustments as a result of the adoption of ASU 2015-16, which was effective for the Company on January 1, 2016.

Intangible assets (other than goodwill) consisted of the following (in thousands):



		March 31, 2016							December 31, 2015
	Useful Life	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Amortized:
Domain names	5 years	$	125	$	(120	)	$	5	$	125	$	(120	)	$	5
Issued patents	4-15 years	1,877		(689		)	1,188		1,866		(659		)	1,207
Issued trademarks	3-11 years	615		(273		)	342		603		(255		)	348
Customer relationships	4-8 years	1,014		(133		)	881		1,035		(93		)	942
Non-compete agreements	3-4 years	460		(183		)	277		464		(164		)	300
Developed technology	7 years	3,470		(450		)	3,020		3,470		(326		)	3,144
Total amortized		7,561		(1,848		)	5,713		7,563		(1,617		)	5,946
Not amortized:
TASER trademark		900					900		900					900
Patents and trademarks pending		818					818		742					742
Total not amortized		1,718					1,718		1,642					1,642
Total intangible assets		$	9,279	$	(1,848	)	$	7,431	$	9,205	$	(1,617	)	$	7,588

Amortization expense relative to intangible assets for the three months ended March 31, 2016 and 2015 was approximately $235,000 and $61,000, respectively. Estimated amortization for intangible assets with definitive lives for the remaining nine months of 2016, the next five years ended December 31, and thereafter, is as follows (in thousands):



2016 (remaining nine months)	$	707
2017	937
2018	925
2019	803
2020	740
2021	733
Thereafter	868
Total	$	5,713

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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