Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets, Net (Tables)

v3.20.2
Intangible Assets, Net (Tables)
9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary Of Identifiable Intangible Assets
Intangible assets, net consisted of the following:
(in thousands) September 30,
2020
December 31,
2019
September 30,
2019
Intangible assets subject to amortization:
Patents and purchased technology $ 14,198  $ 14,198  $ 14,198 
Customer relationships 23,000  23,000  23,000 
Gross carrying amount 37,198  37,198  37,198 
Accumulated amortization:
Patents and purchased technology (14,198) (13,311) (12,979)
Customer relationships (16,950) (15,713) (15,300)
Total accumulated amortization (31,148) (29,024) (28,279)
Net carrying amount 6,050  8,174  8,919 
Intangible assets not subject to amortization 115,421  115,421  115,421 
Intangible assets, net $ 121,471  $ 123,595  $ 124,340 
Schedule of finite lived intangible assets future amortization expense
Annual amortization expense is estimated to be as follows for the years 2020 through 2024:
(in thousands)
2020 $ 2,537 
2021 1,650 
2022 1,650 
2023 1,650 
2024 688