GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

6 Months Ended

Jun. 30, 2015

GOODWILL AND INTANGIBLE ASSETS, NET [Abstract]

Summary of Intangible Assets by Major Class

The following tables summarize the gross carrying amounts and accumulated amortization of intangible assets by major class (in thousands):

	June 30, 2015
Intangible assets subject to amortization (Definite-lived)	Gross		Accumulated Amortization			Net
Customer relationships	$	16,852	$	(842	)	$	16,010
Non-compete agreements		94		(14	)		80
Licenses and permits		1,471		(97	)		1,374
Developed technology		6,131		(460	)		5,671
		24,548		(1,413	)		23,135
Intangible assets not subject to amortization (Indefinite-lived)
Trade name		2,158		-			2,158
Total	$	26,706	$	(1,413	)	$	25,293

	December 31, 2014
Intangible assets subject to amortization (Definite-lived)	Gross		Accumulated Amortization			Net
Customer relationships	$	16,852	$	(281	)	$	16,571
Non-compete agreements		94		(5	)		89
Licenses and permits		1,471		(32	)		1,439
Developed technology		6,131		(153	)		5,978
		24,548		(471	)		24,077
Intangible assets not subject to amortization (Indefinite-lived)
Trade name		2,158		-			2,158
Total	$	26,706	$	(471	)	$	26,235

Estimated Amortization Expenses for Succeeding Five Fiscal Years

Based on identified intangible assets that are subject to amortization as of June 30, 2015, we expect future amortization expenses for each period to be as follows (in thousands):

	Remainder of 2015		2016		2017		2018		2019
Customer relationships	$	562	$	1,123	$	1,123	$	1,123	$	1,123
Non-compete agreements		9		19		19		19		14
Licenses and permits		65		123		106		106		106
Developed technology		306		613		613		613		613
Total future amortization expense	$	942	$	1,878	$	1,861		1,861	$	1,856