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Intangibles
6 Months Ended
Jun. 30, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangibles

9. Intangibles

Intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.

Amortization of capitalized patent costs associated with the application and award of patents in the U.S. and various other countries are capitalized and amortized on a straight-line basis over the term of the patents as determined at the award date, which varies depending on the pendency period of the application, generally approximating seventeen years.

Amortization of intangible assets acquired is calculated using the straight-line method over the estimated useful lives of the assets.

 

 

 

June 30,

2016

 

 

December 31,

2015

 

Capitalized patent costs

 

$

6,971

 

 

$

6,779

 

Intangible assets acquired:

 

 

 

 

 

 

 

 

Purchased patents and intellectual property

 

 

250

 

 

 

250

 

Existing technology

 

 

1,560

 

 

 

1,560

 

Customer relationships

 

 

290

 

 

 

290

 

Backlog

 

 

760

 

 

 

760

 

Tradenames

 

 

290

 

 

 

290

 

Non-solicitation agreements

 

 

120

 

 

 

120

 

Gross intangible assets

 

 

10,241

 

 

 

10,049

 

Accumulated amortization

 

 

(3,772

)

 

 

(3,436

)

Intangibles, net

 

$

6,469

 

 

$

6,613