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Goodwill And Other Intangible Assets
9 Months Ended
Sep. 30, 2017
Goodwill And Other Intangible Assets [Abstract]  
Goodwill And Other Intangible Assets

Note 4 – Goodwill and Other Intangible Assets

Goodwill allocated to the Company’s reportable segments was as follows:

(in thousands)AmericasAsiaTotal
Goodwill as of December 31, 2016 and September 30, 2017$153,514$38,102$191,616

Other assets consist primarily of acquired identifiable intangible assets and capitalized purchased software costs. Intangible assets as of September 30, 2017 and December 31, 2016 were as follows:

As of September 30, 2017
GrossNet
CarryingAccumulatedCarrying
(in thousands)AmountAmortizationAmount
Customer relationships$100,183$(32,770)$67,413
Purchased software costs34,307(29,327)4,980
Technology licenses26,800(17,112)9,688
Trade names and trademarks7,800-7,800
Other868(255)613
Total$169,958$(79,464)$90,494
As of December 31, 2016
GrossNet
CarryingAccumulatedCarrying
(in thousands)AmountAmortizationAmount
Customer relationships$100,053$(27,883)$72,170
Purchased software costs31,582(28,508)3,074
Technology licenses26,800(14,189)12,611
Trade names and trademarks7,800-7,800
Other868(237)631
Total$167,103$(70,817)$96,286

Customer relationships are being amortized on a straight-line basis over a period of 10 to 14 years. Capitalized purchased software costs are being amortized on a straight-line basis over the estimated useful life of the related software, which ranges from 2 to 10 years. Technology licenses are being amortized over their estimated useful lives in proportion to the economic benefits consumed. The Company’s acquired trade names and trademarks have been determined to have an indefinite life. Amortization for the nine months ended September 30, 2017 and 2016 was as follows:

Nine Months Ended
September 30,
(in thousands)20172016
Amortization of intangible assets$7,698$8,945
Amortization of capitalized purchased software costs798867
Amortization of debt costs643567
$9,139$10,379

The estimated future amortization expense of acquired intangible assets for each of the next five years is as follows (in thousands):

Year ending December 31,Amount
2017 (remaining three months)$2,624
201810,252
201910,091
20209,319
20216,389