Goodwill And Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Changes In Carrying Amounts Of Goodwill

The changes in carrying amounts of goodwill for the nine months ended September 30, 2019 are as follows (in thousands):

	Fax and Martech			Voice, Backup, Security and CPP			Total Cloud Services			Digital Media			Consolidated
Balance as of January 1, 2019	$	366,270		$	300,718		$	666,988		$	713,388		$	1,380,376
Goodwill acquired (Note 4)	31,655			179,944			211,599			43,208			254,807
Purchase accounting adjustments (1)	177			—			177			(1,089		)	(912		)
Foreign exchange translation	(2,178		)	(5,557		)	(7,735		)	(270		)	(8,005		)
Balance as of September 30, 2019	$	395,924		$	475,105		$	871,029		$	755,237		$	1,626,266

⁽¹⁾ Purchase accounting adjustments relate to measurement period adjustments to goodwill in connection with prior business acquisitions (see Note 4 - Business Acquisitions).

Schedule Of Intangible Assets With Indefinite Lives

Intangible Assets with Indefinite Lives:

Intangible assets are summarized as of September 30, 2019 and December 31, 2018 as follows (in thousands):

	September 30, 2019		December 31, 2018
Trade names	$	27,379	$	27,379
Other	4,306		4,306
Total	$	31,685	$	31,685

Finite-Lived Intangible Assets By Major Class

Intangible Assets Subject to Amortization:

As of September 30, 2019, intangible assets subject to amortization relate primarily to the following (in thousands):

	Weighted-Average   Amortization Period	Historical Cost		Accumulated Amortization		Net
Trade names	10.3 years	$	192,396	$	77,842	$	114,554
Patent and patent licenses	6.5 years	67,903		62,513		5,390
Customer relationships (1)	8.5 years	623,966		366,706		257,260
Other purchased intangibles	4.5 years	386,144		190,127		196,017
Total		$	1,270,409	$	697,188	$	573,221

⁽¹⁾ Historically, the Company has amortized its customer relationship assets in a pattern that best reflects the pace in which the asset’s benefits are consumed. This pattern results in a substantial majority of the amortization expense being recognized in the first 4 to 5 years, despite the overall life of the asset.

During the nine months ended September 30, 2019, the Company completed acquisitions which were individually immaterial. The identified intangible assets recognized as part of these acquisition and their respective estimated weighted average amortizations were as follows (in thousands):

	Weighted-Average   Amortization Period	Fair Value
Trade names	8.1 years	$	10,450
Customer relationships	7.2 years	121,803
Trademark	6.2 years	32,540
Other purchased intangibles	3.7 years	47,537
Total		$	212,330

As of December 31, 2018, intangible assets subject to amortization relate primarily to the following (in thousands):

	Weighted-Average   Amortization Period	Historical Cost		Accumulated Amortization		Net
Trade names	10.9 years	$	181,231	$	65,722	$	115,509
Patent and patent licenses	6.5 years	67,887		60,541		7,346
Customer relationships (1)	9.1 years	507,330		316,122		191,208
Other purchased intangibles	4.4 years	307,554		126,834		180,720
Total		$	1,064,002	$	569,219	$	494,783

⁽¹⁾ Historically, the Company has amortized its customer relationship assets in a pattern that best reflects the pace in which the asset’s benefits are consumed. This pattern results in a substantial majority of the amortization expense being recognized in the first 4 to 5 years, despite the overall life of the asset.