Intangible Assets, Net

3 Months Ended

Mar. 31, 2019

Intangible Assets Net Excluding Goodwill [Abstract]

Intangible Assets, Net

3. Intangible assets, net

Intangible assets other than goodwill consist of the following:

		March 31, 2019							December 31, 2018
(In thousands)	Amortization Period	Gross Amount		Accumulated Amortization			Net		Gross Amount		Accumulated Amortization			Net
Software developed for internal use	5-10 years	$	24,570	$	(3,573	)	$	20,997	$	22,990	$	(3,019	)	$	19,971

The gross amount associated with software developed for internal use represents capitalized costs of internally-developed software, including eligible salaries and staff benefits, share-based compensation, traveling expenses incurred by relevant employees, and other relevant costs.

Amortization expenses of $554 and $373 for the three months ended March 31, 2019 and 2018, respectively, were included in depreciation and amortization expense. As of March 31, 2019, intangible assets of $4,083, included in the gross amounts of software developed for internal use, have not started amortization, as they are not ready for their intended use.

The Company capitalized costs of internally-developed software of $1,580 and $1,551 during the three months ended March 31, 2019 and 2018, respectively.

As of March 31, 2019, estimated amortization expense related to the Company’s intangible assets for the remainder of 2019 through 2023 and thereafter are as follows:

(In thousands)
Year	March 31, 2019
Remainder of 2019	$	1,984
2020		2,830
2021		2,828
2022		2,826
2023		2,752
2024 and thereafter		7,777
Total	$	20,997