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Intangible Assets
3 Months Ended
Mar. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

8.

Intangible Assets

The gross amount and accumulated amortization of intangible assets with finite useful lives included in “Intangible assets, net” on the consolidated balance sheets are as follows (in thousands except for years):

 

 

 

March 31, 2020

 

 

December 31, 2019

 

 

Weighted

Average

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

 

Amortization

Period

(in years)

 

Backlog

 

$

109,255

 

 

$

(91,704

)

 

$

17,551

 

 

$

109,255

 

 

$

(87,510

)

 

$

21,745

 

 

 

3

 

Customer relationships

 

 

228,529

 

 

 

(78,533

)

 

 

149,996

 

 

 

228,529

 

 

 

(67,809

)

 

 

160,720

 

 

 

7

 

Leases

 

 

670

 

 

 

(585

)

 

 

85

 

 

 

670

 

 

 

(580

)

 

 

90

 

 

 

5

 

Developed technology

 

 

110,939

 

 

 

(47,799

)

 

 

63,140

 

 

 

110,939

 

 

 

(40,749

)

 

 

70,190

 

 

 

4

 

Trade name

 

 

8,200

 

 

 

(6,242

)

 

 

1,958

 

 

 

8,200

 

 

 

(5,667

)

 

 

2,533

 

 

 

1

 

Non-compete agreements

 

 

3,600

 

 

 

(1,200

)

 

 

2,400

 

 

 

3,600

 

 

 

(925

)

 

 

2,675

 

 

 

3

 

In process research and development

 

 

1,800

 

 

 

 

 

 

 

1,800

 

 

 

1,800

 

 

 

-

 

 

 

1,800

 

 

n/a

 

Other intangibles

 

 

275

 

 

 

(177

)

 

 

98

 

 

 

275

 

 

 

(170

)

 

 

105

 

 

 

10

 

Total intangible assets

 

$

463,268

 

 

$

(226,240

)

 

$

237,028

 

 

$

463,268

 

 

$

(203,410

)

 

$

259,858

 

 

 

 

 

  

The aggregate amortization expense of intangible assets for the three months ended March 31, 2020 and March 31, 2019 was $22.7 million and $21.0 million, respectively.

Estimated amortization expense for the remainder of the current fiscal year and in each of the next four years and beyond is as follows (in thousands):

 

 

 

March 31, 2020

 

2020 (remaining)

 

$

64,042

 

2021

 

 

81,527

 

2022

 

 

35,864

 

2023

 

 

23,549

 

2024

 

 

9,098

 

Thereafter

 

 

21,147

 

Total

 

$

235,227