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

Goodwill consisted of the following:

 

 

 

2016

 

 

2015

 

Balance at January 1,

 

$

112,425

 

 

$

39,870

 

Additions through acquisitions

 

 

1,409

 

 

 

72,528

 

Measurement period adjustments

 

 

199

 

 

 

27

 

Balance at December 31,

 

$

114,033

 

 

$

112,425

 

 

Components of Intangible Assets

The Company’s intangible assets consisted of the following:

 

  

 

 

 

December 31, 2016

 

 

December 31, 2015

 

 

 

Useful life

(years)

 

Cost

 

 

Accumulated

amortization

 

 

Net

 

 

Cost

 

 

Accumulated

amortization

 

 

Net

 

Customer lists

 

5 - 14

 

$

91,757

 

 

$

(20,026

)

 

$

71,731

 

 

$

90,212

 

 

$

(11,319

)

 

$

78,893

 

Patents and technology

 

5 - 10

 

 

16,556

 

 

 

(5,990

)

 

 

10,566

 

 

 

16,390

 

 

 

(4,090

)

 

 

12,300

 

Trade names and trademarks

 

1-2

 

 

2,885

 

 

 

(2,637

)

 

 

248

 

 

 

2,885

 

 

 

(906

)

 

 

1,979

 

 

 

 

 

$

111,198

 

 

$

(28,653

)

 

$

82,545

 

 

$

109,487

 

 

$

(16,315

)

 

$

93,172

 

 

Estimated Annual Amortization Expense for Intangible Assets

Estimated amortization expense for intangible assets is as follows:

 

Years ending December 31,

 

 

 

 

2017

 

$

10,761

 

2018

 

 

10,508

 

2019

 

 

10,472

 

2020

 

 

10,189

 

2021

 

 

9,727

 

Thereafter

 

 

30,888

 

 

 

$

82,545