XML 47 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Estimated Useful Lives
The Company's intangible assets and estimated useful lives are classified as follows:
 
December 31, 2017
 
December 31, 2016
(in thousands)
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Gross
Carrying
Amount
 
Accumulated
Amortization
Finite-lived intangible assets:
 
 
 
 
 
 
 
Developed software and core technologies (3 – 11 years)
$
365,317

 
$
(297,645
)
 
$
338,594

 
$
(275,130
)
Customer lists and contract backlog (5 – 15 years)
171,048

 
(104,522
)
 
159,549

 
(88,414
)
Trade names (2 – 10 years)
127,200

 
(104,130
)
 
127,952

 
(90,289
)
Total
$
663,565

 
$
(506,297
)
 
$
626,095

 
$
(453,833
)
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
Trade name
$
357

 
 
 
$
357

 
 
Estimated Future Amortization Expense for Intangible Assets
As of December 31, 2017, estimated future amortization expense for the intangible assets reflected above is as follows:
(in thousands)
 
2018
$
39,162

2019
26,362

2020
25,449

2021
21,225

2022
16,197

Thereafter
28,873

Total intangible assets subject to amortization, net
157,268

Indefinite-lived trade name
357

Other intangible assets, net
$
157,625
Changes in Goodwill
The changes in goodwill during the years ended December 31, 2017 and 2016 are as follows:
(in thousands)
2017
 
2016
Beginning balance - January 1
$
1,337,215

 
$
1,332,348

Acquisitions
36,554

 
6,184

Adjustments(1)
(111
)
 
(1
)
Currency translation
4,895

 
(1,316
)
Ending balance - December 31
$
1,378,553

 
$
1,337,215


(1) In accordance with the accounting for business combinations, the Company recorded adjustments to goodwill for the effect of changes in the provisional fair values of the assets acquired and liabilities assumed during the measurement period (up to one year from the acquisition date) as the Company obtained new information about facts and circumstances that existed as of the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date.