Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Intangible Assets

v3.8.0.1
Note 5 - Intangible Assets
 3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]
5
.      
Intangible Assets
 
The carrying amount and accumulated amortization of intangible assets is comprised of the following (in thousands):
 
   
March 31, 2018
    
December 31, 2017
  
   
Gross
Assets
    
Accumulated
Amortization
    
Net
    
Gross
Assets
    
Accumulated
Amortization
    
Net
  
Nonamortizable intangible assets:
                                                
Trade names
   $
2,000
     $
-
     $
2,000
     $
2,000
     $
-
     $
2,000
  
Amortizable intangible assets:
      
 
      
 
      
 
      
 
      
 
  
Trade names
    
23
      
(23
 )    
-
      
23
      
(23
 )    
-
  
Physician and customer relationships
    
36,534
      
(22,394
 )    
14,140
      
36,534
      
(21,801
 )    
14,733
  
Non-competition agreements
    
1,136
      
(1,131
 )    
5
      
1,136
      
(1,125
 )    
11
  
Software
    
11,230
      
(4,048
 )    
7,182
      
11,230
      
(3,460
 )    
7,770
  
                                                 
Total nonamortizable and amortizable intangible assets
   $
50,923
     $
(27,596
 )   $
23,327
     $
50,923
     $
(26,409
 )   $
24,514
  
 
Amortization expense for the
three
months ended
March 31, 2018
was
$1.2
million compared to
$1.4
million for the
three
months ended
March 31, 2017.
Expected annual amortization expense for intangible assets recorded as of
March 31, 2017
is as follows (in thousands):
 
   
4/1-
12/31/2018
    
2019
    
2020
    
2021
    
2022
    
2023 and
thereafter
    
Total
  
                                                         
Amortization expense
   $
3,462
     $
4,402
     $
4,285
     $
3,930
     $
2,051
     $
3,197
     $
21,327