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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Components of Goodwill

Goodwill consisted of the following:

 

     Amount  

Balance at January 1, 2015

   $ 39,870   

Additions through acquisitions

     62,304   

Other adjustments

     (46
  

 

 

 

Balance at June 30, 2015

$ 102,128   
  

 

 

 
Components of Intangible Assets

The Company’s intangible assets consisted of the following:

 

          June 30, 2015      December 31, 2014  
     Useful life
(years)
   Cost      Accumulated
amortization
    Net      Cost      Accumulated
amortization
    Net  

Customer lists

   5, 7, 10, 12 and 14    $ 86,277       $ (7,069   $ 79,208       $ 21,850       $ (2,939   $ 18,911   

Patents and technology

   5 and 10      15,976         (3,161     12,815         8,473         (2,259     6,214   

Trade names and trademarks

   3, 4, 5 and 10      2,853         (693     2,160         1,690         (481     1,209   
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 
$ 105,106    $ (10,923 $ 94,183    $ 32,013    $ (5,679 $ 26,334   
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 
Estimated Annual Amortization Expense for Intangible Assets

Estimated annual amortization expense for intangible assets subsequent to June 30, 2015 is as follows:

 

     Amount  

2015 (remaining)

   $ 5,286   

2016

     10,526   

2017

     10,377   

2018

     10,339   

2019

     10,302   

Thereafter

     47,353   
  

 

 

 
$ 94,183