Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.10.0.1
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule changes in goodwill During the three and six months ended June 30, 2018, we completed the acquisition of AdsWizz. The changes in the carrying amount of goodwill for the six months ended June 30, 2018, are as follows:

 
6/30/2018
 
(in thousands)
Balance as of December 31, 2017
$
71,243

Goodwill related to acquisition of AdsWizz
107,674

Balance as of June 30, 2018
$
178,917

Summary of gross carrying amounts and accumulated amortization of intangible assets - finite lived The following summarizes information regarding the gross carrying amounts and accumulated amortization of intangible assets:
 
 
As of December 31, 2017
 
As of June 30, 2018
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
 
 
(in thousands)
 
(in thousands)
Finite-lived intangible assets
 
 
 
 
 
 
 
 
 
 
 
 
Patents
 
$
8,030

 
$
(3,289
)
 
$
4,741

 
$
8,030

 
$
(3,655
)
 
$
4,375

Developed technology
 
27,950

 
(13,608
)
 
14,342

 
59,950

 
(16,908
)
 
43,042

Customer relationships
 
940

 
(940
)
 
—

 
12,940

 
(1,238
)
 
11,702

Trade names
 
1,320

 
(994
)
 
326

 
1,920

 
(1,175
)
 
745

Total finite-lived intangible assets
 
$
38,240

 
$
(18,831
)
 
$
19,409

 
$
82,840

 
$
(22,976
)
 
$
59,864

Note: Amounts may not recalculate due to rounding
Schedule of future amortization expense related to finite-lived intangible assets The following is a schedule of future amortization expense related to finite-lived intangible assets as of June 30, 2018.

 
As of 
 June 30, 
 2018
 
(in thousands)
Remainder of 2018
$
8,605

2019
16,696

2020
16,401

2021
11,877

2022
5,193

Thereafter
1,092

Total future amortization expense
$
59,864