Goodwill and Intangible Assets, net

3 Months Ended

Mar. 31, 2018

Goodwill And Intangible Assets Disclosure [Abstract]

NOTE C – Goodwill and Intangible Assets, net

The changes in the net carrying amount of goodwill for the three months ended March 31, 2018 are as follows (in thousands):

	2018
Balances, January 1	$	51,613
Goodwill acquired during the period		—
Foreign currency translation adjustments		(583	)
Balances, March 31	$	51,030

Intangible assets subject to amortization primarily include subscriber relationships, non-competition agreements and acquired technology and are amortized over their respective useful lives (ranging from 1 to 9 years). Intangible assets, net included the following (in thousands):

	March 31, 2018
						Foreign
	Carrying		Accumulated			Currency
	Amount		Amortization			Translation			Net
Subscriber relationships	$	35,512	$	(20,828	)	$	(111	)	$	14,573
Non-competition agreements		2,560		(2,117	)		(12	)		431
Technology and other		2,289		(1,697	)		(19	)		573
	$	40,361	$	(24,642	)	$	(142	)	$	15,577

	December 31, 2017
						Foreign
	Carrying		Accumulated			Currency
	Amount		Amortization			Translation		Net
Subscriber relationships	$	34,350	$	(19,592	)	$	614	$	15,372
Non-competition agreements		2,499		(2,058	)		45		486
Technology and other		2,130		(1,518	)		59		671
	$	38,979	$	(23,168	)	$	718	$	16,529

Total amortization expense for intangible assets during the three months ended March 31, 2018 and 2017 was $1.1 million and $1.2 million, respectively. The estimated annual amortization expense related to intangible assets subject to amortization for the next five years is as follows (in thousands):

Remainder of 2018	$	2,908
2019		3,740
2020		3,384
2021		2,542
2022		1,472
Thereafter		1,531
	$	15,577

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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