Quarterly report pursuant to Section 13 or 15(d)

3. Goodwill and Purchased Intangibles (Tables)

v3.20.2
3. Goodwill and Purchased Intangibles (Tables)
6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

The following table presents details of our purchased intangible assets as of June 30, 2020 and December 31, 2019:

 

Intangible assets

 

    Balance at
December 31,
2019
  Additions   Impairments   Amortization   Fx and Other   Balance at
June 30,
2020
Patents and trademarks   $       69,853   $       8,755   $           -   $     (6,299)   $      (124)   $     72,185
Customer and merchant relationships        739,236                        -                       -              (48,426)                      -               690,810
Trade name          50,732                -                -        (4,639)           (12)          46,081
Acquired technology         144,792                -               -         (8,150)               -        136,642
Non-compete agreements                  60,931                        -                       -                (7,930)                      -                 53,001
    $  1,065,544   $       8,755   $            -   $   (75,444)   $       (136)   $    998,719
Future Amortization Intangible Assets

The estimated future amortization expense of our intangible assets as of June 30, 2020 is as follows:

 

Year ending December 31,    Amount
2020   $                 75,335
2021                   147,976
2022                   147,868
2023                   145,360
2024                   108,763
Thereafter                   373,417
Total   $               998,719