COGNEX CORP - 10-Q filing on 2018-04-30

Intangible Assets (Tables)

3 Months Ended

Apr. 01, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Amortized intangible assets consisted of the following (in thousands):



	Gross Carrying Value				Accumulated Amortization				Net Carrying Value
Distribution networks	$	38,060			$	38,060			$	—
Completed technologies	13,687				4,791				8,896
Customer relationships	8,607				5,330				3,277
Non-compete agreements	370				123				247
Balance as of April 1, 2018	$	60,724			$	48,304			$	12,420

	Gross Carrying Value				Accumulated Amortization				Net Carrying Value
Distribution networks	$	38,060			$	38,060			$	—
Completed technologies	13,687				4,181				9,506
Customer relationships	8,607				5,202				3,405
Non-compete agreements	370				92				278
Balance as of December 31, 2017	$	60,724			$	47,535			$	13,189

Schedule of Intangible Assets, Future Amortization Expense

As of April 1, 2018, estimated future amortization expense related to intangible assets is as follows (in thousands):



Year Ended December 31,		Amount
Remainder of fiscal 2018		$	2,307
2019		2,701
2020		2,185
2021		2,017
2022		1,691
2023		989
Thereafter		530
		$	12,420