Note 4 - Goodwill and Other Intangible Assets

9 Months Ended

Sep. 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 and nine months ended September 30, 2019.

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

	September 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	$	(504	)	$	426	$	930	$	(434	)	$	496	10.0	4.6
Non-compete agreement		270		(218	)		52		270		(206	)		64	2.0 - 5.0	3.3
Trade secrets		250		(250	)		-		250		(233	)		17	5.0	0.0
Trade names		1,080		(945	)		135		1,080		(540	)		540	2.0	0.3
Software technology		13,229		(1,933	)		11,296		12,229		(997	)		11,232	10.0	8.3
Customer relationships		10,070		(3,721	)		6,349		10,070		(2,569	)		7,501	6.0 - 9.0	4.1
Total intangible assets	$	25,829	$	(7,571	)	$	18,258	$	24,829	$	(4,979	)	$	19,850

Amortization expense for intangible assets was $0.9 million and $0.8 million for the three months ended  September 30, 2019 and 2018, respectively, and $2.6 million and $2.4 million for the nine months ended September 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	$	889
2020		3,016
2021		3,016
2022		3,016
2023		2,813
Thereafter		5,508
Total estimated amortization expense	$	18,258