INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

INTANGIBLE ASSETS

Intangible assets consisted of the following:

(In thousands)	September 30, 2018			December 31, 2017
Brand name and trademark (life indefinite) of discontinued operations	$	—		$	1,510
Purchased technology (5-17 year lives)	$	1,447		$	1,401
Purchased technology (5-17 year lives) of discontinued operations, net	—			112
Less: accumulated amortization	(1,415		)	(1,334		)
Purchased technology, net	$	32		$	179
Goodwill	$	185		$	185

The Bovie brand name and trademarks were included in the definitive asset purchase agreement with Specialty Surgical Instrumentation Inc., as previously disclosed.

Goodwill results from our acquisition of Bovie Bulgaria, EOOD.

Amortization of purchased technology was $27,000 and $81,000 for the three and nine months ended September 30, 2018 and 2017, respectively. Amortization expense is classified within selling, general and administration expenses in the consolidated statements of operations.