Annual report pursuant to Section 13 and 15(d)

GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

v2.4.1.9
GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2014
GOODWILL AND INTANGIBLE ASSETS, NET [Abstract]  
Summary of Changes in the Carrying Amount of Goodwill
The following table summarizes changes in the carrying amount of goodwill for the year ended December 31, 2014 (in thousands):

   
Balance as of
 December 31, 2013
   
Acquisitions
   
Balance as of
December 31, 2014
 
TC
  $ 0     $ 21,750     $ 21,750  
Summary of Intangible Assets by Major Class
   
December 31, 2014
 
Intangible assets subject to amortization
(Definite-lived)
 
Gross
   
Accumulated
Amortization
   
Net
 
Customer relationships
  $ 16,852     $ (281 )   $ 16,571  
Non-compete agreements
    94       (5 )     89  
Licenses and permits
    1,471       (32 )     1,439  
Developed technology
    6,131       (153 )     5,978  
      24,548       (471 )     24,077  
Intangible assets not subject to amortization
(Indefinite-lived)
                       
Trade name
    2,158       -       2,158  
Total
  $ 26,706     $ (471 )   $ 26,235  
Estimated Amortization Expenses for Succeeding Five Fiscal Years
Estimated amortization expense for the succeeding five fiscal years is as follows (in thousands):

2015
  $ 1,884  
2016
    1,878  
2017
    1,860  
2018
    1,861  
2019
    1,860  
Total
  $ 9,343