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Goodwill and Acquired Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in the Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the years ended December 31, 2016 and 2015 were as follows (in thousands):

 

 

 

 

 

Balance as of December 31, 2015

 

$

34,972

 

Goodwill acquired

 

 

2,476

 

Balance as of December 31, 2016

 

$

37,448

 

 

Summary of Acquired Intangible Assets Subject to Amortization

Acquired intangible assets subject to amortization as of December 31, 2016 and 2015 were as follows (in thousands):

 

 

 

As of December 31, 2016

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Book

Value

 

Acquired Technology

 

$

11,718

 

 

$

(4,085

)

 

$

7,633

 

Customer relationships

 

 

480

 

 

 

-

 

 

 

480

 

Trade name and other

 

 

280

 

 

 

-

 

 

 

280

 

Total

 

$

12,478

 

 

$

(4,085

)

 

$

8,393

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2015

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Book

Value

 

Acquired Technology

 

$

10,668

 

 

$

(2,677

)

 

$

7,991

 

Total

 

$

10,668

 

 

$

(2,677

)

 

$

7,991

 

 

Schedule of Expected Amortization Expense in Future Periods

As of December 31, 2016, the Company expects amortization expense in future periods to be as follows (in thousands):

 

 

 

Acquired

 

Fiscal Year

 

Intangibles

 

2017

 

$

1,666

 

2018

 

 

1,666

 

2019

 

 

1,666

 

2020

 

 

1,666

 

Thereafter

 

 

1,729

 

Total expected amortization expense

 

$

8,393