| Intangible Assets |
The carrying amount and accumulated amortization of intangible
assets as of June 30, 2016 and December 31, 2015, are as follows
(in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
June 30, 2016 |
|
| |
|
Gross
Assets |
|
|
Accumulated
Amortization |
|
|
Net |
|
|
Nonamortizable intangible assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trade names
|
|
$ |
2,000 |
|
|
$ |
— |
|
|
$ |
2,000 |
|
|
Amortizable intangible assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trade names
|
|
|
23 |
|
|
|
23 |
|
|
|
— |
|
|
Physician and customer relationships
|
|
|
32,865 |
|
|
|
18,041 |
|
|
|
14,824 |
|
|
Physician and customer relationships - Ciscura
|
|
|
3,393 |
|
|
|
198 |
|
|
|
3,195 |
|
|
Non-competition agreements
|
|
|
1,094 |
|
|
|
992 |
|
|
|
102 |
|
|
Software
|
|
|
12,663 |
|
|
|
929 |
|
|
|
11,734 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total nonamortizable and amortizable intangible assets
|
|
$ |
52,038 |
|
|
$ |
20,183 |
|
|
$ |
31,855 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
December 31, 2015 |
|
| |
|
Gross
Assets |
|
|
Accumulated
Amortization |
|
|
Net |
|
|
Nonamortizable intangible assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trade names
|
|
$ |
2,000 |
|
|
$ |
— |
|
|
$ |
2,000 |
|
|
Amortizable intangible assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trade names
|
|
|
23 |
|
|
|
15 |
|
|
|
8 |
|
|
Physician and customer relationships
|
|
|
32,865 |
|
|
|
16,946 |
|
|
|
15,919 |
|
|
Physician and customer relationships - Ciscura
|
|
|
3,393 |
|
|
|
103 |
|
|
|
3,290 |
|
|
Non-competition agreements
|
|
|
1,094 |
|
|
|
930 |
|
|
|
164 |
|
|
Software
|
|
|
11,942 |
|
|
|
1,789 |
|
|
|
10,153 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total nonamortizable and amortizable intangible assets
|
|
$ |
51,317 |
|
|
$ |
19,783 |
|
|
$ |
31,534 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortization expense for the three and six months ended June 30,
2016 was $0.9 million and $1.8 million, respectively, compared to
$0.7 million and $1.3 million, respectively, for the three and six
months ended June 30, 2015. Expected annual amortization
expense for intangible assets recorded as of June 30, 2016, is as
follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
7/1-12/31/2016 |
|
|
2017 |
|
|
2018 |
|
|
2019 |
|
|
2020 |
|
|
2021 and
thereafter |
|
|
Amortization expense
|
|
$ |
3,318 |
|
|
$ |
6,383 |
|
|
$ |
6,018 |
|
|
$ |
4,150 |
|
|
$ |
2,590 |
|
|
$ |
7,396 |
|
|