Goodwill and Intangible Assets (Notes)

6 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

Goodwill and Intangible Assets, Net

Goodwill

The following table presents the changes in the carrying amount of our goodwill (in thousands):

	Total
Balance as of January 1, 2019	$	11,195
Currency translation	(14		)
Balance as of June 30, 2019	$	11,181

Intangible Assets, Net

Intangible assets, carried at cost less accumulated amortization and amortized on a straight-lined basis, were as follows (in thousands):

	Weighted Average	June 30, 2019
	Amortization Life in Years	Cost		Accumulated Amortization		Net
Patents	10	$	20,928	$	12,812	$	8,116
Customer contracts (1)	12	10,002		5,319		4,683
Non-contractual customer relationships	9	58,039		16,824		41,215
Trademarks	4	425		425		—
Trade name	15	7,456		1,876		5,580
Developed technology	11	82,706		18,990		63,716
Total amortized intangible assets		$	179,556	$	56,246	$	123,310
IPR&D		$	10,744			$	10,744
Total intangible assets		$	190,300	$	56,246	$	134,054

______________________________

⁽¹⁾ During the second quarter of 2019, we acquired certain assets from one of our distributors. We recorded $4.6 million in customer contracts related to that agreement.

	Weighted Average	December 31, 2018
	Amortization Life in Years	Cost		Accumulated Amortization		Net
Patents	10	$	19,399	$	12,147	$	7,252
Customer contracts	9	5,319		5,272		47
Non-contractual customer relationships	9	57,916		13,363		44,553
Trademarks	4	425		425		—
Trade name	15	7,456		1,618		5,838
Developed technology	11	82,857		15,361		67,496
Total amortized intangible assets		$	173,372	$	48,186	$	125,186
IPR&D		$	8,235			$	8,235
Total intangible assets		$	181,607	$	48,186	$	133,421

Intangible assets with definite lives are amortized on a straight-line basis over their estimated useful lives. During the three and six months ended June 30, 2019, intangible asset amortization expense was $4.0 million and $8.0 million, respectively, as compared to $4.0 million and $8.1 million for the three and six months ended June 30, 2018, respectively.

As of June 30, 2019 estimated annual amortization for our intangible assets for each of the next five years is approximately (in thousands):

Remainder of 2019	$	30,272
2020	16,589
2021	16,286
2022	16,142
2023	15,993
Thereafter	28,028
Total	$	123,310