XML 31 R10.htm IDEA: XBRL DOCUMENT v3.8.0.1
Intangible Assets, Net
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET
INTANGIBLE ASSETS, NET
Intangible Assets
Amortizable intangible assets at December 31, 2017 and 2016 related primarily to customer relationships and trademarks that resulted from our acquisition of Amcom Software, Inc. in 2011. Such intangibles are being amortized over a period of ten years and six years respectively. We have not recorded an impairment of our intangible assets during the years ended December 31, 2017, 2016 and 2015.
The net consolidated balance of intangible assets consisted of the following at December 31, 2017 and 2016: 
 
 
 
As of December 31,
 
 
 
2017
 
2016
(Dollars in thousands)
Useful Life (In Years)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Customer relationships
10
 
$
25,002

 
$
(17,085
)
 
$
7,917

 
$
25,002

 
$
(14,585
)
 
$
10,417

Trademarks
6
 
5,754

 
(5,754
)
 

 
5,754

 
(5,368
)
 
386

Total amortizable intangible assets
6 - 10
 
$
30,756

 
$
(22,839
)
 
$
7,917

 
$
30,756

 
$
(19,953
)
 
$
10,803


Estimated amortization of intangible assets for future periods was as follows: 
For the year ending December 31,
(Dollars in thousands)
2018
$
2,500

2019
2,500

2020
2,500

2021
417

Total
$
7,917