NOTE 6 – INTANGIBLE ASSETS

The Company had goodwill in the amount of $441,361 as of March 31, 2018 and December 31, 2017, subject to the provisions of ASC 350, “Intangibles-Goodwill and Other.”

Identifiable intangible assets with finite lives at March 31, 2018 and December 31, 2017 are summarized as follows:

	Amortization Period (in years)		Gross Carrying Amount at 3/31/18		Accumulated Amortization at 3/31/18		Gross Carrying Amount at 12/31/17		Accumulated Amortization at 12/31/17
Customer relationships & lists		10	$	190,097	$	109,798	$	190,061	$	105,573
Trademarks & trade names		5-17		40,630		13,939		40,630		12,895
Developed technology		5		13,338		6,603		13,338		5,936
Other		3-18		13,590		5,370		13,466		5,018
			$	257,655	$	135,710	$	257,495	$	129,422

Amortization of identifiable intangible assets was approximately $6,193 for the three months ended March 31, 2018. Assuming no change in the gross carrying value of identifiable intangible assets, the estimated amortization expense for the remainder of 2018 is approximately $18,552, approximately $22,639 for 2019, $20,601 for 2020, $17,394 for 2021, $15,825 for 2022 and $14,505 for 2023. At March 31, 2018, there were no identifiable intangible assets with indefinite useful lives as defined by ASC 350. Identifiable intangible assets are reflected in “Intangible assets with finite lives, net” in the Company’s condensed consolidated balance sheets. There were no changes to the useful lives of intangible assets subject to amortization during the three months ended March 31, 2018.