Quarterly report pursuant to Section 13 or 15(d)

3. Goodwill and Purchased Intangibles (Tables)

v3.20.1
3. Goodwill and Purchased Intangibles (Tables)
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

The following table presents details of our purchased intangible assets as of March 31, 2020 and December 31, 2019:

 

Intangible assets

 

    Balance at
December 31,
2019
  Additions   Impairments   Amortization   Fx and Other   Balance at
March 31,
2020
Patents and trademarks   $ 69,853      $ -      $ -      $ (3,104)     $ (56)     $ 66,693   
Customer and merchant relationships     739,236        -        -        (24,213)       -        715,023   
Trade name     50,732        -        -        (2,320)       (5)       48,407   
Acquired technology     144,792        -        -        (4,075)       -        140,717   
Non-compete agreements     60,931        -        -        (3,965)       -        56,966   
    $ 1,065,544      $ -      $ -      $ (37,677)     $ (61)     $ 1,027,806   
Future Amortization Intangible Assets

The estimated future amortization expense of our intangible assets as of March 31, 2020 is as follows:

 

Year ending December 31,    Amount
2020   $ 113,030   
2021     148,014   
2022     147,868   
2023     145,360   
2024     108,764   
Thereafter     364,770   
Total   $ 1,027,806