Quarterly report pursuant to Section 13 or 15(d)

Goodwill And Other Intangible Assets

v3.7.0.1
Goodwill And Other Intangible Assets
6 Months Ended
Jun. 30, 2017
Goodwill And Other Intangible Assets [Abstract]  
Goodwill And Other Intangible Assets



NOTE 5.  OTHER INTANGIBLE ASSETS



Indefinite Lived Intangible Assets



The Company owns certain tradenames and trademarks which provide Black Diamond Equipment and PIEPS with the exclusive and perpetual rights to manufacture and sell their respective products.  There was an increase in tradenames and trademarks during the six months ended June 30, 2017, due to the impact of foreign currency exchange rates.  The following table summarizes the changes in indefinite lived intangible assets:















 

 

 

Balance at December 31, 2016

 

$

22,541 



 

 

 

Impact of foreign currency exchange rates

 

 

247 



 

 

 

Balance at June 30, 2017

 

$

22,788 



 

 

 

Other Intangible Assets, net



Intangible assets such as certain customer relationships, core technologies and product technologies are amortizable over their estimated useful lives.  There was an  increase in gross other intangible assets subject to amortization during the six months ended June 30, 2017 due to the impact of foreign currency exchange rates.  The following table summarizes the changes in gross other intangible assets:







 

 

 

Gross balance at December 31, 2016

 

$

16,980 



 

 

 

Impact of foreign currency exchange rates

 

 

358 



 

 

 

Gross balance at June 30, 2017

 

$

17,338 



 

 

 

Other intangible assets, net of amortization as of June 30, 2017 and December 31, 2016, were as follows:







 

 

 

 

 

 



 

June 30, 2017

 

December 31, 2016



 

 

 

 

 

 

Customer lists and relationships

 

$

14,142 

 

$

13,942 

Product technologies

 

 

2,249 

 

 

2,091 

Core technologies

 

 

947 

 

 

947 



 

 

17,338 

 

 

16,980 

Less accumulated amortization

 

 

(7,889)

 

 

(7,211)



 

$

9,449 

 

$

9,769