Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Acquired identifiable intangible assets, and related accumulated amortization, as of March 31, 2021 and December 31, 2020 consist of:

	March 31, 2021
	Gross Carrying Value			Accumulated Amortization			Net Book Value
	(in thousands)
Customer relationships	$	8,355		$	5,760		$	2,595
Tradenames		3,066			500			2,566
Developed technology		1,884			238			1,646
Foreign currency		(804	)		(757	)		(47	)
Total Intangible Assets	$	12,501		$	5,741		$	6,760

	December 31, 2020
	Gross Carrying Value			Accumulated Amortization			Net Book Value
	(in thousands)
Customer relationships	$	7,915		$	5,584		$	2,331
Tradenames		2,686			425			2,261
Developed technology		784			177			607
Foreign currency		(845	)		(784	)		(61	)
Total Intangible Assets	$	10,540		$	5,402		$	5,138

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

As of March 31, 2021, estimated annual amortization expense related to definite lived intangible assets in future periods is as follows:

	(in thousands)
2021	$	988
2022		1,281
2023		1,041
2024		1,008
2025		889
Thereafter		1,600
Total	$	6,807

Schedule of Changes in Carrying Values of Goodwill

Changes in the carrying values of goodwill for the three months ended March 31, 2021 are as follows:

	(in thousands)
Balance as of January 1, 2021	$	8,178
Neat Microphones acquisition		2,508
Balance as of March 31, 2021	$	10,686