Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2019

Schedule of changes in carrying amount of goodwill

Changes in the carrying amount of goodwill consisted of the following (in thousands):


	Amount
Balance at December 31, 2018	$	21,530
Current period acquisitions		9,874
Foreign currency translation adjustment		(1)
Balance at March 31, 2019	$	31,403

Schedule of company's intangible assets and related accumulated amortization

The Company’s intangible assets and related accumulated amortization consisted of the following as of March 31, 2019 and December 31, 2018 (in thousands):


	March 31, 2019
		Gross Carrying		Accumulated
		Amount		Amortization		Net
Developed technology	$	23,854	$	(11,251)	$	12,603
Customer relationships		12,009		(4,424)		7,585
Trademark/trade name		6,776		(1,575)		5,201
Total intangible assets	$	42,639	$	(17,250)	$	25,389

	December 31, 2018
	Gross Carrying		Accumulated
	Amount		Amortization		Net
Developed technology	$	17,495	$	(10,145)	$	7,350
Customer relationships		12,009		(4,050)		7,959
Trademark/trade name		6,776		(1,434)		5,342
Non-competition agreements		295		(295)		—
Total intangible assets	$	36,575	$	(15,924)	$	20,651

Schedule of amortization expense during the respective periods

The Company recorded amortization expense during the three-month periods ended March 31, 2019 and 2018 for these intangible assets as follows (in thousands):


	Three Months Ended
	March 31,
	2019		2018
Cost of revenue	$	864	$	921
Research and development		259		28
Sales and marketing		497		497
Total amortization of intangible assets	$	1,620	$	1,446

Schedule of amortization of finite lived intangible assets

Amortization of finite lived intangible assets as of March 31, 2019 for the next five years is as follows (in thousands):


	Amount
Remainder of 2019	$	5,355
2020		6,051
2021		3,457
2022		3,243
2023		3,183
Thereafter		4,100
	$	25,389