CONTROL4 CORP - 10-K filing on 2015-02-20

Goodwill and Intangible assets (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of changes in carrying amount of goodwill

Changes in the carrying amount of goodwill consisted of the following (in thousands):

	Amount
Balance at December 31, 2013	$	—
Current period acquisitions	231
Balance at December 31, 2014	$	231

Schedule of company's intangible assets and related accumulated amortization

The Company’s intangible assets and related accumulated amortization consisted of the following as of December 31, 2013 and December 31, 2014 (in thousands):

	December 31, 2013
	Gross Carrying Amount		Accumulated Amortization			Net
Developed technology	$	1,647	$	(742	)	$	905
Non-competition agreements	31		(8		)	23
Total intangible assets	$	1,678	$	(750	)	$	928

	December 31, 2014
	Gross Carrying Amount		Accumulated Amortization			Net
Developed technology	$	2,597	$	(1,214	)	$	1,383
Non-competition agreements	53		(27		)	26
Total intangible assets	$	2,650	$	(1,241	)	$	1,409

Schedule of amortization expense during the respective periods

The Company recorded amortization expense during the respective periods for these intangible assets as follows: (in thousands):

	Years Ended
	December 31,
	2013		2014
Amortization of intangible assets	$	319	$	491

Schedule of amortization of finite-lived intangible assets

Amortization of finite lived intangible assets as of December 31, 2014 is as follows for the next four years (in thousands):

	Amount
2015	$	612
2016	418
2017	237
2018	142
	$	1,409