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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]  
Components of Goodwill

Goodwill consisted of the following:

 

 

 

2015

 

 

2014

 

Balance at January 1,

 

$

39,870

 

 

$

20,335

 

Additions through acquisitions

 

 

72,528

 

 

 

19,952

 

Measurement period adjustments

 

 

27

 

 

 

(417

)

Balance at December 31,

 

$

112,425

 

 

$

39,870

 

 

Components of Intangible Assets

The Company’s intangible assets consisted of the following:

 

 

 

 

 

December 31, 2015

 

 

December 31, 2014

 

 

 

Useful life

(years)

 

Cost

 

 

Accumulated

amortization

 

 

Net

 

 

Cost

 

 

Accumulated

amortization

 

 

Net

 

Customer lists

 

5 - 14

 

$

90,212

 

 

$

(11,319

)

 

$

78,893

 

 

$

21,850

 

 

$

(2,939

)

 

$

18,911

 

Patents and technology

 

5 - 10

 

 

16,390

 

 

 

(4,090

)

 

 

12,300

 

 

 

8,473

 

 

 

(2,259

)

 

 

6,214

 

Trade names and trademarks

 

2 - 10

 

 

2,885

 

 

 

(906

)

 

 

1,979

 

 

 

1,690

 

 

 

(481

)

 

 

1,209

 

 

 

 

 

$

109,487

 

 

$

(16,315

)

 

$

93,172

 

 

$

32,013

 

 

$

(5,679

)

 

$

26,334

 

 

Estimated Annual Amortization Expense for Intangible Assets

Estimated amortization expense for intangible assets is as follows:

 

Years ending December 31,

 

 

 

 

2016

 

$

10,927

 

2017

 

 

10,781

 

2018

 

 

10,728

 

2019

 

 

10,691

 

2020

 

 

10,201

 

Thereafter

 

 

39,844

 

 

 

$

93,172