Goodwill And Other Intangible Assets

12 Months Ended

Dec. 31, 2018

Goodwill And Other Intangible Assets [Abstract]

Note 6—Goodwill and Other Intangible Assets

The changes each year in goodwill allocated to the Company’s reportable segments were as follows:

(in thousands)			Americas		Asia		Total
	Goodwill as of December 31, 2015	$	161,188	$	38,102	$	199,290
	Purchase accounting adjustments		(7,674)		—		(7,674)
	Goodwill as of December 31, 2016		153,514		38,102		191,616
	Goodwill as of December 31, 2017	$	153,514	$	38,102	$	191,616
	Acquisition		500		—		500
	Goodwill as of December 31, 2018	$	154,014	$	38,102	$	192,116

During 2018, the Company completed an individually immaterial business acquisition for $2.7 million. See Note 2.

Other assets consist primarily of acquired identifiable intangible assets and capitalized purchased software costs. Acquired identifiable intangible assets as of December 31, 2018 and 2017 were as follows:

			Gross				Net
			Carrying	Accumulated			Carrying
(in thousands)			Amount	Amortization			Amount
	Customer relationships	$	100,146	$	(40,661)	$	59,485
	Purchased software costs		39,069		(30,626)		8,443
	Technology licenses		28,800		(21,006)		7,794
	Trade names and trademarks		7,800		—		7,800
	Other		868		(285)		583
	Intangible assets, December 31, 2018	$	176,683	$	(92,578)	$	84,105

			Gross				Net
			Carrying	Accumulated			Carrying
(in thousands)			Amount	Amortization			Amount
	Customer relationships	$	100,200	$	(34,372)	$	65,828
	Purchased software costs		35,328		(29,612)		5,716
	Technology licenses		28,800		(17,887)		10,913
	Trade names and trademarks		7,800		—		7,800
	Other		868		(261)		607
	Intangible assets, December 31, 2017	$	172,996	$	(82,132)	$	90,864

Customer relationships are being amortized on a straight-line basis over a period of 10 to 14 years. Capitalized purchased software costs are amortized straight-line 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. During 2018, 2017 and 2016, $3.9 million, $3.7 million and $1.9 million, respectively, of purchased software costs were capitalized. Amortization on the statements of cash flow for 2018, 2017 and 2016 was as follows:


		Year Ended December 31,
(in thousands)		2018		2017		2016
Amortization of intangible assets	$	9,485	$	10,065	$	11,838
Amortization of capitalized purchased software costs		1,198		1,078		1,147
Amortization of debt costs		2,717		861		756
	$	13,400	$	12,004	$	13,741

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
	2019	$ 10,950
	2020	10,215
	2021	7,136
	2022	6,943
	2023	6,543