Schedule of Finite-Lived Intangible Assets |
Intangible assets, net consisted of the following (dollars in thousands):
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September 30, 2018 |
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Weighted Average Useful Lives (Years) |
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Gross Carrying Amount |
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Accumulated Amortization |
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Net Carrying Amount |
Intangible assets: |
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Definite life: |
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Existing technology -- software |
5.2 years |
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$ |
42,299 |
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$ |
26,768 |
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$ |
15,531 |
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Developed technology |
8.0 years |
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7,317 |
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4,573 |
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2,744 |
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Customer relationships |
8.1 years |
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166,616 |
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98,402 |
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68,214 |
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Backlog |
3.0 years |
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18,300 |
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13,217 |
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5,083 |
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Other |
5.1 years |
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2,391 |
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1,753 |
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638 |
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Total |
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$ |
236,923 |
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$ |
144,713 |
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$ |
92,210 |
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December 31, 2017 |
|
Weighted Average Useful Lives (Years) |
|
Gross Carrying Amount |
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Accumulated Amortization |
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Net Carrying Amount |
Intangible assets: |
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Definite life: |
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Existing technology -- software |
4.8 years |
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$ |
42,999 |
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$ |
20,209 |
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$ |
22,790 |
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Existing technology -- games |
5.0 years |
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12,331 |
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12,125 |
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|
206 |
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Developed technology |
8.0 years |
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7,317 |
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|
3,887 |
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3,430 |
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Customer relationships |
7.9 years |
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170,716 |
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85,160 |
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85,556 |
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Backlog |
3.0 years |
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18,300 |
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8,642 |
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9,658 |
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Other |
4.5 years |
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2,746 |
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1,804 |
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|
942 |
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Total |
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$ |
254,409 |
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$ |
131,827 |
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$ |
122,582 |
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Schedule of Finite-Lived Intangible Assets, Amortization Expense |
We expect to record amortization of intangible assets as follows (in thousands):
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Year ending December 31,
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Amount |
2018 (remaining three months) |
$ |
8,072 |
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2019 |
28,647 |
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2020 |
22,263 |
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2021 |
13,824 |
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2022 |
7,907 |
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Thereafter |
11,497 |
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Total |
$ |
92,210 |
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