Intangible Assets and Goodwill (Tables)

9 Months Ended

Sep. 30, 2017

Intangible Assets and Goodwill

Schedule of finite-lived intangible assets

.  Intangible assets as of September 30, 2017 consisted of the following (in thousands):

	Amortization	Gross		Accumulated		Net
	Period	Amount		Amortization		Amount
Trade names	Indefinite	$	66,087	$	—	$	66,087
Customer relationships	7 to 15 Years		35,150		10,905		24,245
Non-compete agreements	3 Years		138		56		82
Total		$	101,375	$	10,961	$	90,414

Intangible assets as of December 31, 2016 consisted of the following (in thousands):

	Amortization	Gross		Accumulated		Net
	Period	Amount		Amortization		Amount
Trade names	Indefinite	$	65,480	$	—	$	65,480
Customer relationships	7 to 15 Years		34,997		8,699		26,298
Non-compete agreements	3 Years		128		20		108
Total		$	100,605	$	8,719	$	91,886

Intangible assets as of September 30, 2016 consisted of the following (in thousands):

	Amortization	Gross		Accumulated		Net
	Period	Amount		Amortization		Amount
Trade names	Indefinite	$	63,667	$	—	$	63,667
Customer relationships	7 to 15 Years		35,968		8,017		27,951
Non-compete agreements	3 Years		150		10		140
Total		$	99,785	$	8,027	$	91,758

Schedule of indefinite-lived intangible assets

Intangible assets as of September 30, 2017 consisted of the following (in thousands):

	Amortization	Gross		Accumulated		Net
	Period	Amount		Amortization		Amount
Trade names	Indefinite	$	66,087	$	—	$	66,087
Customer relationships	7 to 15 Years		35,150		10,905		24,245
Non-compete agreements	3 Years		138		56		82
Total		$	101,375	$	10,961	$	90,414

Intangible assets as of December 31, 2016 consisted of the following (in thousands):

	Amortization	Gross		Accumulated		Net
	Period	Amount		Amortization		Amount
Trade names	Indefinite	$	65,480	$	—	$	65,480
Customer relationships	7 to 15 Years		34,997		8,699		26,298
Non-compete agreements	3 Years		128		20		108
Total		$	100,605	$	8,719	$	91,886

Intangible assets as of September 30, 2016 consisted of the following (in thousands):

	Amortization	Gross		Accumulated		Net
	Period	Amount		Amortization		Amount
Trade names	Indefinite	$	63,667	$	—	$	63,667
Customer relationships	7 to 15 Years		35,968		8,017		27,951
Non-compete agreements	3 Years		150		10		140
Total		$	99,785	$	8,027	$	91,758

Schedule of estimated amortization expense

As of September 30, 2017, the future amortization expense related to the finite-lived intangible assets is as follows (in thousands):

2017	Remainder of the year	$	751
2018			2,990
2019			2,968
2020			2,947
2021			2,943
Thereafter			11,728
		$	24,327

Schedule of goodwill

Goodwill consisted of the following as of September 30, 2017, December 31, 2016 and September 30, 2016 (in thousands):

	September 30, 2017		December 31, 2016		September 30, 2016
Beginning balance	$	8,271	$	2,286	$	2,286
Goodwill created by the RG Merger		—		3,638		4,238
Goodwill created by the acquisition of SWIMS		—		2,393		3,993
Foreign currency adjustments		200		(46)		211
Ending balance	$	8,471	$	8,271	$	10,728