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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2014
GOODWILL AND INTANGIBLE ASSETS  
Schedule of change in the carrying amount of goodwill

 

 

 

Technology
Segment

 

Bankruptcy
and Settlement
Administration
Segment

 

Total

 

 

 

(in thousands)

 

Balance as of December 31, 2013

 

$

189,339

 

$

214,963

 

$

404,302

 

Acquisition

 

 

153

 

153

 

Foreign currency translation

 

156

 

 

156

 

Balance as of June 30, 2014

 

$

189,495

 

$

215,116

 

$

404,611

 

Schedule of Identifiable intangible assets

 

 

 

June 30, 2014

 

December 31, 2013

 

 

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

 

 

(in thousands)

 

Amortizing intangible assets:

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

124,512

 

$

95,538

 

$

124,512

 

$

90,274

 

Trade names

 

6,591

 

2,893

 

6,591

 

2,481

 

Technology

 

1,142

 

29

 

 

 

Non-compete agreements

 

18,947

 

16,759

 

18,947

 

16,178

 

Total

 

$

151,192

 

$

115,219

 

$

150,050

 

$

108,933

 

Schedule of estimated future amortization expense related to intangible assets

The following table outlines the estimated future amortization expense related to intangible assets at June 30, 2014:

 

(in thousands)

 

 

 

Year Ending December 31,

 

 

 

2014 (from July 1, 2014 to December 31, 2014)

 

$

6,369

 

2015

 

10,007

 

2016

 

6,346

 

2017

 

5,504

 

2018

 

3,548

 

2019 and thereafter

 

4,199

 

Total

 

$

35,973