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Intangible Assets
9 Months Ended
Sep. 30, 2016
Intangible Assets [Abstract]  
Intangible Assets

(4)  Intangible Assets



Intangible assets, net, other than goodwill, as of September 30, 2016 and December 31, 2015 were as follows:



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



2016

 

2015

 

 

 

 

(in thousands)

Gross

 

Accumulated Amortization

 

Net

 

Gross

 

Accumulated Amortization

 

Net

 

Useful Life (in years)

 

Weighted Average Useful Life Remaining (in years)

Intangible assets with finite lives:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patent costs

$

16,821 

 

$

(5,812)

 

$

11,009 

 

$

16,251 

 

$

(4,895)

 

$

11,356 

 

1-19

 

8

Acquired technology

 

53,773 

 

 

(25,160)

 

 

28,613 

 

 

52,809 

 

 

(16,405)

 

 

36,404 

 

2-15

 

4

Internally developed software

 

4,730 

 

 

(3,371)

 

 

1,359 

 

 

4,730 

 

 

(2,919)

 

 

1,811 

 

3

 

3

Customer relationships

 

102,265 

 

 

(44,619)

 

 

57,646 

 

 

101,933 

 

 

(36,158)

 

 

65,775 

 

2-15

 

7

Non-compete agreements

 

11,945 

 

 

(9,377)

 

 

2,568 

 

 

12,163 

 

 

(8,558)

 

 

3,605 

 

2-5

 

3

Trade names

 

28,435 

 

 

(15,297)

 

 

13,138 

 

 

28,108 

 

 

(12,498)

 

 

15,610 

 

1-9

 

6

Other

 

46,019 

 

 

(26,834)

 

 

19,185 

 

 

46,435 

 

 

(23,530)

 

 

22,905 

 

1-7

 

5

Total intangible assets

$

263,988 

 

$

(130,470)

 

$

133,518 

 

$

262,429 

 

$

(104,963)

 

$

157,466 

 

1-19

 

5



Amortization expense related to intangible assets was $8,857 and $26,536 for the quarter and nine months ended September 30, 2016, respectively, compared to $15,843 and $47,840 for the quarter and nine months ended September 30, 2015, respectively.



Annual amortization expense for intangible assets is expected to be $35,193,  $32,143,  $26,971,  $21,635 and $16,941 for the years ending 2016, 2017, 2018, 2019, and 2020, respectively.