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

Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2016

The carrying amount and accumulated amortization of intangible assets as of September 30, 2016 and December 31, 2015, are as follows (in thousands):


	September 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		18,589		14,276
Physician and customer relationships - InfusAid		200		—		200
Physician and customer relationships - Ciscura		3,393		240		3,153
Non-competition agreements		1,094		1,022		72
Software		13,379		1,266		12,113


Total nonamortizable and amortizable intangible assets	$	52,954	$	21,140	$	31,814


	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

Expected annual amortization expense for intangible assets recorded as of September 30, 2016, is as follows (in thousands):