Intangible Assets and Goodwill
|12 Months Ended|
Dec. 31, 2018
|Goodwill and Intangible Assets Disclosure [Abstract]|
|Intangible Assets and Goodwill||
NOTE 9. INTANGIBLE ASSETS AND GOODWILL
As of December 31, 2018 and 2017, goodwill was $45,007, and the activity within those years was as follows:
The goodwill is assessed for impairment on an annual basis and also on an interim basis when indicators of impairment exist. The Company completed its goodwill assessment on March 1, 2018, and determined the goodwill was not impaired.
The fair value of identifiable intangible assets consisted of the following at December 31, 2018:
The fair value of identifiable intangible assets consisted of the following at December 31, 2017:
Amortization expense for the years ended December 31, 2018 and 2017 was $8,004 and $8,976, respectively. For the year ended December 31, 2018, amortization expense of $3,751 was charged to operating expenses and $4,253 was charged to cost of revenues. For the year ended December 31, 2017, amortization expense of $2,597 was charged to operating expenses and $6,379 was charged to cost of revenues.
Expected future amortization expense consists of the following for each of the following years ended December 31:
The entire disclosure for goodwill and intangible assets.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef