Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the Company’s goodwill balance for the six months ended June 30, 2016 are summarized in the table below (in thousands):



Balance at December 31, 2015	$	47,422
Acquired in business combinations	23,311
Divestiture of business	(3,739		)
Adjustment due to prior year business combinations	39
Foreign currency translation adjustment	797
Balance at June 30, 2016	$	67,830

Schedule of Finite-Lived Intangible Assets

The following is a summary of the Company’s intangible assets, net (in thousands):



	Estimated Useful Life (Years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
December 31, 2015:
Customer relationships	1-10	$	31,848	$	9,054	$	22,794
Trade name	1-3	2,909		2,476		433
Developed technology	4-7	13,808		5,509		8,299
Total intangible assets		$	48,565	$	17,039	$	31,526



	Estimated Useful Life (Years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
June 30, 2016:
Customer relationships	1-10	$	35,461	$	10,725	$	24,736
Trade name	1.5-3	2,644		2,265		379
Developed technology	4-7	15,265		5,973		9,292
Total intangible assets		$	53,370	$	18,963	$	34,407

Schedule of Finite-lived Intangible Assets, Weighted Average Amortization Period

The following table summarizes the Company's weighted-average amortization period, in total and by major finite-lived intangible asset class (in years), as of:



	June 30, 2016	December 31, 2015
Customer relationships	9.4	9.3
Trade name	2.8	2.9
Developed technology	6.3	6.4
Total weighted-average amortization period	8.2	8.1

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Estimated annual amortization expense for the next five years and thereafter is as follows (in thousands):



	Amortization Expense
Year ending December 31:
Remainder of 2016	$	3,517
2017	6,242
2018	5,895
2019	5,080
2020 and thereafter	13,673
Total	$	34,407