Summary of Intangible Assets by Major Class |
The following tables summarize the gross carrying amounts and accumulated amortization of intangible assets by major class (in thousands):
|
|
March 31, 2018 |
|
Intangible assets subject to amortization (Definite-lived)
|
|
Gross |
|
|
Accumulated
Amortization
|
|
|
Net |
|
Customer relationships |
|
$ |
16,852 |
|
|
$ |
(3,932 |
) |
|
$ |
12,920 |
|
Non-compete agreements |
|
|
94 |
|
|
|
(66 |
) |
|
|
28 |
|
Licenses and permits |
|
|
1,471 |
|
|
|
(416 |
) |
|
|
1,055 |
|
Developed technology |
|
|
6,131 |
|
|
|
(2,146 |
) |
|
|
3,985 |
|
|
|
|
24,548 |
|
|
|
(6,560 |
) |
|
|
17,988 |
|
Intangible assets not subject to amortization (Indefinite-lived) |
|
|
|
|
|
|
|
|
|
|
|
|
Emissions Allowance |
|
|
197 |
|
|
|
- |
|
|
|
197 |
|
Trade name |
|
|
2,158 |
|
|
|
- |
|
|
|
2,158 |
|
Total |
|
$ |
26,903 |
|
|
$ |
(6,560 |
) |
|
$ |
20,343 |
|
|
|
December 31, 2017 |
|
Intangible assets subject to amortization (Definite-lived)
|
|
Gross |
|
|
Accumulated
Amortization
|
|
|
Net |
|
Customer relationships |
|
$ |
16,852 |
|
|
$ |
(3,651 |
) |
|
$ |
13,201 |
|
Non-compete agreements |
|
|
94 |
|
|
|
(61 |
) |
|
|
33 |
|
Licenses and permits |
|
|
1,471 |
|
|
|
(390 |
) |
|
|
1,081 |
|
Developed technology |
|
|
6,131 |
|
|
|
(1,993 |
) |
|
|
4,138 |
|
|
|
|
24,548 |
|
|
|
(6,095 |
) |
|
|
18,453 |
|
Intangible assets not subject to amortization (Indefinite-lived) |
|
|
|
|
|
|
|
|
|
|
|
|
Emissions Allowance |
|
|
197 |
|
|
|
- |
|
|
|
197 |
|
Trade name |
|
|
2,158 |
|
|
|
- |
|
|
|
2,158 |
|
Total |
|
$ |
26,903 |
|
|
$ |
(6,095 |
) |
|
$ |
20,808 |
|
|
Estimated Amortization Expenses for Succeeding Five Fiscal Years |
Based on identified intangible assets that are subject to amortization as of March 31, 2018, we expect future amortization expenses for each period to be as follows (in thousands):
|
|
Total
|
|
|
Remainder of 2018 |
|
|
2019
|
|
|
2020
|
|
|
2021 |
|
|
2022 |
|
|
2023 |
|
|
Thereafter
|
|
Customer relationships |
|
$ |
12,920 |
|
|
$ |
843 |
|
|
$ |
1,123 |
|
|
$ |
1,123 |
|
|
|
1,123 |
|
|
|
1,123 |
|
|
|
1,123 |
|
|
$ |
6,462 |
|
Non-compete agreements |
|
|
28 |
|
|
|
14 |
|
|
|
14 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Licenses and permits |
|
|
1,055 |
|
|
|
79 |
|
|
|
106 |
|
|
|
106 |
|
|
|
101 |
|
|
|
86 |
|
|
|
86 |
|
|
|
491 |
|
Developed technology |
|
|
3,985 |
|
|
|
460 |
|
|
|
613 |
|
|
|
613 |
|
|
|
613 |
|
|
|
613 |
|
|
|
613 |
|
|
|
460 |
|
Total future amortization expense |
|
$ |
17,988 |
|
|
$ |
1,396 |
|
|
$ |
1,856 |
|
|
$ |
1,842 |
|
|
$ |
1,837 |
|
|
$ |
1,822 |
|
|
$ |
1,822 |
|
|
$ |
7,413 |
|
|