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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
Components of Goodwill

Goodwill consisted of the following:

 

 

 

Amount

 

Balance at January 1, 2016

 

$

112,425

 

Additions through acquisitions

 

 

 

Other adjustments

 

 

 

Balance at March 31, 2016

 

$

112,425

 

 

Components of Intangible Assets

The Company’s intangible assets consisted of the following:

 

 

 

 

 

March 31, 2016

 

 

December 31, 2015

 

 

 

Useful life

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

(years)

 

Cost

 

 

amortization

 

 

Net

 

 

Cost

 

 

amortization

 

 

Net

 

Customer lists

 

5-14

 

$

90,212

 

 

$

(13,472

)

 

$

76,740

 

 

$

90,212

 

 

$

(11,319

)

 

$

78,893

 

Patents and

   technology

 

5-10

 

 

16,510

 

 

 

(4,555

)

 

 

11,955

 

 

 

16,390

 

 

 

(4,090

)

 

 

12,300

 

Trade names and

   trademarks

 

1-2

 

 

2,884

 

 

 

(1,350

)

 

 

1,534

 

 

 

2,885

 

 

 

(906

)

 

 

1,979

 

 

 

 

 

$

109,606

 

 

$

(19,377

)

 

$

90,229

 

 

$

109,487

 

 

$

(16,315

)

 

$

93,172

 

 

Estimated Annual Amortization Expense for Intangible Assets

Estimated annual amortization expense for intangible assets subsequent to March 31, 2016 is as follows:

 

 

 

Amount

 

2016 (remaining)

 

$

9,193

 

2017

 

 

10,628

 

2018

 

 

10,374

 

2019

 

 

10,339

 

2020

 

 

10,061

 

2021

 

 

9,604

 

Thereafter

 

 

30,030

 

 

 

$

90,229