Note 4 - Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2019

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

Note 4 – Goodwill and Other Intangible Assets

There were no changes in the carrying amount of Goodwill during the three months and six months ended June 30, 2019.

Intangible assets other than goodwill at June 30, 2019 and December 31, 2018 were as follows:

	June 30, 2019							December 31, 2018							Useful		Weighted Average
(in thousands)	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net		Life (in years)		Useful Life Remaining (in years)
Intangible assets with finite lives:
Marketing assets	$	930	$	(481	)	$	449	$	930	$	(434	)	$	496		10.0		4.9
Non-compete agreement		270		(214	)		56		270		(206	)		64		2.0 - 5.0		3.5
Trade secrets		250		(250	)		-		250		(233	)		17		5.0		0.0
Trade names		1,080		(810	)		270		1,080		(540	)		540		2.0		0.5
Software technology		12,229		(1,621	)		10,608		12,229		(997	)		11,232		10.0		8.5
Customer relationships		10,070		(3,337	)		6,733		10,070		(2,569	)		7,501		6.0 - 9.0		4.3
Total intangible assets	$	24,829	$	(6,713	)	$	18,116	$	24,829	$	(4,979	)	$	19,850

Amortization expense for intangible assets was $0.9 million and $0.8 million for the three months ended June 30, 2019 and 2018, respectively, and $1.7 million and $1.6 million for the six months ended June 30, 2019 and 2018, respectively.

Estimated aggregated amortization expense based on the current carrying value of the amortizable intangible assets is as follows:

(in thousands)	Estimated Amortization Expense
Remaining 2019	$	1,717
2020		2,895
2021		2,895
2022		2,895
2023		2,691
Thereafter		5,023
Total estimated amortization expense	$	18,116