XML 93 R17.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Patents, Goodwill and Other Intangibles Assets
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Patents, Goodwill and Other Intangible Assets PATENTS, GOODWILL AND OTHER INTANGIBLE ASSETS
Patents
As of December 31, 2019 and 2018, patents consisted of the following (in thousands, except for useful life data):
 
December 31,
 
2019
 
2018
Weighted average estimated useful life (years)
9.9

 
10

Gross patents
$
905,814

 
$
851,846

Accumulated amortization
(469,475
)
 
(397,279
)
Patents, net
$
436,339

 
$
454,567


Amortization expense related to capitalized patent costs was $72.3 million, $61.8 million and $52.9 million in 2019, 2018 and 2017, respectively. These amounts are recorded within the "Patent administration and licensing" line of our Consolidated Statements of Income.
The estimated aggregate amortization expense for the next five years related to our patents balance as of December 31, 2019 is as follows (in thousands):
2020
$
71,572

2021
66,962

2022
62,673

2023
56,748

2024
48,135


Goodwill
The following table shows the change in the carrying amount of our goodwill balance from December 31, 2017 to December 31, 2019, all of which is allocated to our one reportable segment (in thousands):
Goodwill balance as of December 31, 2017
 
$
16,033

Technicolor Patent Acquisition
 
 
6,388

Goodwill balance as of December 31, 2018
 
$
22,421

Activity
 
 
—

Goodwill balance as of December 31, 2019
 
$
22,421


Other Intangible Assets
During the year ended December 31, 2019, our other intangible assets were sold in conjunction with the sale of our Hillcrest product business which is discussed further in Note 5, "Business Combinations and Other Transactions". As of December 31, 2018, intangible assets excluding patents were included in "Other Non-Current Assets" on the consolidated balance sheet and consisted of the following (in thousands):
 
 
December 31, 2018
 
Average Life
(Years)
Gross Assets
 
Accumulated Amortization
 
Net
Trade Names
9
$
600

 
$
(133
)
 
$
467

Customer Relationships
10
1,700

 
(340
)
 
1,360

 
 
$
2,300

 
$
(473
)
 
$
1,827