InfuSystem Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2015

The following table outlines preliminary goodwill due to the Company’s acquisition of Ciscura as of June 30, 2015 (in thousands):

The carrying amount and accumulated amortization of intangible assets as of June 30, 2015 and December 31, 2014, are as follows (in thousands):


	June 30, 2015
	Gross Assets		Accumulated Amortization		Net
Nonamortizable intangible assets
Trade names	$	2,000	$	—	$	2,000
Amortizable intangible assets
Physician and customer relationships		32,865		15,856		17,009
Non-competition agreements		848		848		—
Software		9,104		1,529		7,575


Total nonamortizable and amortizable intangible assets	$	44,817	$	18,233	$	26,584


	December 31, 2014
	Gross Assets		Accumulated Amortization		Net
Nonamortizable intangible assets
Trade names	$	2,000	$	—	$	2,000
Amortizable intangible assets
Physician and customer relationships		32,865		14,755		18,110
Non-competition agreements		848		777		71
Software		6,299		1,407		4,892


Total nonamortizable and amortizable intangible assets	$	42,012	$	16,939	$	25,073

Expected annual amortization expense for intangible assets recorded as of June 30, 2015, is as follows (in thousands):