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Goodwill and Identifiable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill And Intangible Assets Disclosure [Abstract]  
Weighted-Average Useful Lives of Intangible Assets

The weighted-average useful lives of intangible assets at the time of acquisition are as follows:

 

     Weighted-Average
Useful Lives
 

Customer relationships

     9   

Developed technologies

     5   

Trade name and other

     13   
Estimated Future Amortization Expense

Estimated future amortization expense related to finite-lived intangible assets at December 31, 2013 is as follows: (in thousands):

 

     In thousands  

2014

   $ 2,877   

2015

     2,809   

2016

     2,619   

2017

     2,482   

2018

     1,741   

Thereafter

     9,059   
  

 

 

 

Total

   $ 21,587   
  

 

 

 
Schedule of Reportable Segments by Reporting Units

Goodwill was allocable to reporting units included in the Company’s reportable segments, as follows (in thousands):

 

     Portfolio
Purchasing  and
Recovery
    Tax Lien
Business
    Total  

Balance, December 31, 2012

   $ 6,047      $ 49,399      $ 55,446   

Goodwill acquired

     429,621        3,887        433,508   

Goodwill adjustment

     (5,121     (4,009     (9,130

Effect of foreign currency translation

     24,389        —         24,389   
  

 

 

   

 

 

   

 

 

 

Balance, December 31, 2013

   $ 454,936      $ 49,277      $ 504,213   
  

 

 

   

 

 

   

 

 

 
Summary of Acquired Intangible Assets

The Company’s acquired intangible assets are summarized as follows (in thousands):

 

     As of December 31, 2013      As of December 31, 2012  
     Gross
Carrying
Amount
     Accumulated
Amortization
    Net
Carrying
Amount
     Gross
Carrying
Amount
     Accumulated
Amortization
    Net
Carrying
Amount
 

Customer relationships

   $ 1,975       $ (75   $ 1,901       $ —         $ —        $ —     

Developed technologies

     4,909         (468     4,441         —          —         —    

Trade name and other

     15,631         (386     15,245         570         (83     487  

Other intangibles—indefinite lived

     1,962         —         1,962         —          —         —    
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Total intangible assets

   $ 24,477       $ (929   $ 23,549       $ 570       $ (83   $ 487