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Goodwill and Acquired Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in the Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the period ended March 31, 2018 were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

Balance as of January 1

 

$

36,389

 

Changes during the three month period

 

 

-

 

Balance as of March 31

 

$

36,389

 

 

Summary of Acquired Intangible Assets Subject to Amortization

Acquired intangible assets subject to amortization are presented as follows (in thousands):

 

 

 

As of March 31, 2018

 

 

 

Weighted Average Remaining Useful life (years)

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Book

Value

 

Acquired technology

 

 

5.8

 

 

$

3,753

 

 

$

(1,321

)

 

$

2,432

 

Customer relationships

 

 

5.7

 

 

 

480

 

 

 

(90

)

 

 

390

 

Trade name and other

 

 

5.7

 

 

 

280

 

 

 

(50

)

 

 

230

 

Total acquired intangibles

 

 

5.7

 

 

$

4,513

 

 

$

(1,461

)

 

$

3,052

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2017

 

 

 

Weighted Average Remaining Useful life (years)

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Book

Value

 

Acquired technology

 

 

6.0

 

 

$

3,753

 

 

$

(1,216

)

 

$

2,537

 

Customer relationships

 

 

6.0

 

 

 

480

 

 

 

(71

)

 

 

409

 

Trade name and other

 

 

6.0

 

 

 

280

 

 

 

(42

)

 

 

238

 

Total acquired intangibles

 

 

6.0

 

 

$

4,513

 

 

$

(1,329

)

 

$

3,184

 

 

Schedule of Expected Amortization Expense in Future Periods

As of March 31, 2018, the amortization expense in future periods is expected to be as follows (in thousands):

 

 

 

Acquired

 

Fiscal Year

 

Technology

 

2018 (remaining 9 months)

 

 

397

 

2019

 

 

529

 

2020

 

 

529

 

2021

 

 

529

 

Thereafter

 

 

1,068

 

Total expected amortization expense

 

$

3,052