Note 4 - Goodwill and Other Intangible Assets

3 Months Ended

Mar. 31, 2020

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 ended March 31, 2020.

Intangible assets other than goodwill at  March 31, 2020 and December 31, 2019 were as follows:

	March 31, 2020							December 31, 2019							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	$	(550	)	$	380	$	930	$	(527	)	$	403	10.0	4.0
Non-compete agreement		270		(226	)		44		270		(222	)		48	2.0 - 5.0	2.8
Software technology		13,229		(2,618	)		10,611		13,229		(2,275	)		10,954	10.0	7.8
Customer relationships		10,070		(4,490	)		5,580		10,070		(4,106	)		5,964	6.0 - 9.0	3.6
Total intangible assets	$	24,499	$	(7,884	)	$	16,615	$	24,499	$	(7,130	)	$	17,369

Amortization expense for intangible assets was $0.8 million and $0.9 million for the three months ended  March 31, 2020 and 2019, 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 2020	$	2,262
2021		3,016
2022		3,016
2023		2,813
2024		1,400
Thereafter		4,108
Total estimated amortization expense	$	16,615