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Intangible Assets
12 Months Ended
Dec. 31, 2017
Intangible Assets [Abstract]  
Intangible Assets

Note 6 Intangible Assets



Intangible assets other than goodwill at December 31, 2017 and December 31, 2016 are summarized as follows:









 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



2017

 

2016

 

 

 

 

(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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

$

105,505 

 

$

(57,796)

 

$

47,709 

 

$

99,067 

 

$

(46,252)

 

$

52,815 

 

1-14

 

6

Acquired technology

 

54,716 

 

 

(39,644)

 

 

15,072 

 

 

52,881 

 

 

(27,543)

 

 

25,338 

 

1-16

 

2

Trade names

 

25,813 

 

 

(15,552)

 

 

10,261 

 

 

28,110 

 

 

(16,015)

 

 

12,095 

 

1-8

 

6

Patent costs

 

17,909 

 

 

(7,338)

 

 

10,571 

 

 

16,263 

 

 

(5,873)

 

 

10,390 

 

1-20

 

15

Trade secrets

 

19,431 

 

 

(11,530)

 

 

7,901 

 

 

19,134 

 

 

(9,383)

 

 

9,751 

 

7

 

4

Acquired patents

 

16,661 

 

 

(11,969)

 

 

4,692 

 

 

16,965 

 

 

(10,674)

 

 

6,291 

 

1-6

 

8

Other

 

20,012 

 

 

(17,435)

 

 

2,577 

 

 

23,431 

 

 

(18,610)

 

 

4,821 

 

2-4

 

2

Total intangible assets

$

260,047 

 

$

(161,264)

 

$

98,783 

 

$

255,851 

 

$

(134,350)

 

$

121,501 

 

1-20

 

6



The Company includes all amortization from assets attributable to the generation of revenue in the Cost of Sales line item in the statement of operations. Amortization related to assets that are not attributable to the generation of revenue are included in the Research and Development and Selling and General Administrative line items in the statement of operations. Amortization expense related to intangible assets was $35,559,  $35,124 and $61,066 for the years ended December 31, 2017,  2016 and 2015, respectively. Amortization of these intangible assets is calculated on a straight-line basis.



Annual amortization expense for intangible assets is expected to be $29,448 in 2018, $20,411 in 2019, $17,308 in 2020, $12,859 in 2021 and $7,493 in 2022.



For discussion on intangible asset impairment testing, see Note 2.