XML 62 R27.htm IDEA: XBRL DOCUMENT v3.19.3
Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill

The changes in the carrying amount of goodwill for the nine months ended September 30, 2019 were as follows (in thousands):
 
TASER
 
Software and Sensors
 
Total
Balance, beginning of period
$
1,338

 
$
23,643

 
$
24,981

Foreign currency translation adjustment
(52
)
 
(53
)
 
(105
)
Balance, end of period
$
1,286

 
$
23,590

 
$
24,876


Indefinite-Lived Intangible Assets Other than Goodwill
Intangible assets (other than goodwill) consisted of the following (in thousands):
 
 
 
September 30, 2019
 
December 31, 2018
 
Useful
Life
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Amortizable (definite-lived) intangible assets:
 
 
 
 
 
 
 
 
 
 
Domain names
5-10 years
 
$
3,161

 
$
(959
)
 
$
2,202

 
$
3,161

 
$
(732
)
 
$
2,429

Issued patents
4-15 years
 
3,170

 
(1,268
)
 
1,902

 
2,940

 
(1,106
)
 
1,834

Issued trademarks
3-11 years
 
1,006

 
(532
)
 
474

 
1,053

 
(599
)
 
454

Customer relationships
4-8 years
 
3,664

 
(1,263
)
 
2,401

 
3,701

 
(880
)
 
2,821

Non-compete agreements
3-4 years
 
446

 
(397
)
 
49

 
540

 
(439
)
 
101

Developed technology
3-7 years
 
10,660

 
(5,982
)
 
4,678

 
13,404

 
(7,081
)
 
6,323

Re-acquired distribution rights
2 years
 
1,932

 
(1,932
)
 

 
1,928

 
(1,813
)
 
115

Total amortizable
 
 
24,039

 
(12,333
)
 
11,706

 
26,727

 
(12,650
)
 
14,077

Not amortizable (indefinite-lived) intangible assets:
 
 
 
 
 
 
 
 
 
 
TASER trademark
 
 
900

 
 
 
900

 
900

 
 
 
900

Patents and trademarks pending
 
 
922

 
 
 
922

 
958

 
 
 
958

Total not amortizable
 
 
1,822

 
 
 
1,822

 
1,858

 
 
 
1,858

Total intangible assets
 
 
$
25,861

 
$
(12,333
)
 
$
13,528

 
$
28,585

 
$
(12,650
)
 
$
15,935


Finite-Lived Intangible Assets Other than Goodwill
Intangible assets (other than goodwill) consisted of the following (in thousands):
 
 
 
September 30, 2019
 
December 31, 2018
 
Useful
Life
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Amortizable (definite-lived) intangible assets:
 
 
 
 
 
 
 
 
 
 
Domain names
5-10 years
 
$
3,161

 
$
(959
)
 
$
2,202

 
$
3,161

 
$
(732
)
 
$
2,429

Issued patents
4-15 years
 
3,170

 
(1,268
)
 
1,902

 
2,940

 
(1,106
)
 
1,834

Issued trademarks
3-11 years
 
1,006

 
(532
)
 
474

 
1,053

 
(599
)
 
454

Customer relationships
4-8 years
 
3,664

 
(1,263
)
 
2,401

 
3,701

 
(880
)
 
2,821

Non-compete agreements
3-4 years
 
446

 
(397
)
 
49

 
540

 
(439
)
 
101

Developed technology
3-7 years
 
10,660

 
(5,982
)
 
4,678

 
13,404

 
(7,081
)
 
6,323

Re-acquired distribution rights
2 years
 
1,932

 
(1,932
)
 

 
1,928

 
(1,813
)
 
115

Total amortizable
 
 
24,039

 
(12,333
)
 
11,706

 
26,727

 
(12,650
)
 
14,077

Not amortizable (indefinite-lived) intangible assets:
 
 
 
 
 
 
 
 
 
 
TASER trademark
 
 
900

 
 
 
900

 
900

 
 
 
900

Patents and trademarks pending
 
 
922

 
 
 
922

 
958

 
 
 
958

Total not amortizable
 
 
1,822

 
 
 
1,822

 
1,858

 
 
 
1,858

Total intangible assets
 
 
$
25,861

 
$
(12,333
)
 
$
13,528

 
$
28,585

 
$
(12,650
)
 
$
15,935


Estimated Amortization Expense of Intangible Assets Estimated amortization for intangible assets with definite lives for the remaining three months of 2019, the next five years ended December 31, and thereafter, is as follows (in thousands):
2019 Remaining
$
948

2020
3,177

2021
2,862

2022
1,256

2023
962

2024
881

Thereafter
1,620

Total
$
11,706