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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Components of Goodwill

Goodwill consisted of the following:

 

 

 

Amount

 

Balance at January 1, 2017

 

$

114,033

 

Additions through acquisitions

 

 

 

Other measurement period adjustments

 

 

 

Balance at March 31, 2017

 

$

114,033

 

 

Components of Intangible Assets

The Company’s intangible assets consisted of the following:

 

 

 

 

 

March 31, 2017

 

 

December 31, 2016

 

 

 

Useful life

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

(years)

 

Cost

 

 

amortization

 

 

Net

 

 

Cost

 

 

amortization

 

 

Net

 

Customer lists

 

5-14

 

$

91,757

 

 

$

(22,214

)

 

$

69,543

 

 

$

91,757

 

 

$

(20,026

)

 

$

71,731

 

Patents and

   technology

 

5-10

 

 

16,734

 

 

 

(6,428

)

 

 

10,306

 

 

 

16,556

 

 

 

(5,990

)

 

 

10,566

 

Trade names and

   trademarks

 

1-2

 

 

2,885

 

 

 

(2,703

)

 

 

182

 

 

 

2,885

 

 

 

(2,637

)

 

 

248

 

 

 

 

 

$

111,376

 

 

$

(31,345

)

 

$

80,031

 

 

$

111,198

 

 

$

(28,653

)

 

$

82,545

 

 

Estimated Annual Amortization Expense for Intangible Assets

Estimated annual amortization expense for intangible assets subsequent to March 31, 2017 is as follows:

 

 

 

Amount

 

2017 (remaining)

 

$

8,071

 

2018

 

 

10,508

 

2019

 

 

10,472

 

2020

 

 

10,189

 

2021

 

 

9,727

 

2022

 

 

9,271

 

Thereafter

 

 

21,793

 

 

 

$

80,031