Schedule of intangible assets |
|
|
December 31, 2013 |
|
|
|
|
Gross
Assets |
|
Accumulated
Amortization |
|
Net |
|
Amortization Life and Method |
|
|
(In thousands) |
|
|
Finite Lived Assets |
|
|
|
|
|
|
|
|
|
|
|
Customer contracts and lists |
|
$ |
440,200 |
|
$ |
|
) |
$ |
|
|
3-12 years—straight line |
Premium on purchased credit card portfolios |
|
|
|
|
|
|
) |
|
|
|
5-10 years—straight line, accelerated |
Customer database |
|
|
161,700 |
|
|
|
) |
|
|
|
4-10 years—straight line |
Collector database |
|
|
|
|
|
|
) |
|
|
|
30 years—15% declining balance |
Tradenames |
|
|
|
|
|
|
) |
|
|
|
4-15 years—straight line |
Purchased data lists |
|
|
|
|
|
|
) |
|
|
|
1-5 years—straight line, accelerated |
Favorable lease |
|
|
3,291 |
|
|
|
) |
|
|
|
10 years—straight line |
Noncompete agreements |
|
|
1,300 |
|
|
|
) |
|
|
|
3 years—straight line |
|
|
$ |
|
|
$ |
|
) |
$ |
|
|
|
Indefinite Lived Assets |
|
|
|
|
|
|
|
|
|
|
|
Tradenames |
|
|
12,350 |
|
|
— |
|
|
12,350 |
|
Indefinite life |
Total intangible assets |
|
$ |
|
|
$ |
|
) |
$ |
|
|
|
|
|
December 31, 2012 |
|
|
|
|
Gross
Assets |
|
Accumulated
Amortization |
|
Net |
|
Amortization Life and Method |
|
|
(In thousands) |
|
|
Finite Lived Assets |
|
|
|
|
|
|
|
|
|
|
|
Customer contracts and lists |
|
$ |
440,200 |
|
$ |
(124,351 |
) |
$ |
315,849 |
|
3-12 years—straight line |
Premium on purchased credit card portfolios |
|
|
237,800 |
|
|
(108,227 |
) |
|
129,573 |
|
5-10 years—straight line, accelerated |
Customer database |
|
|
161,700 |
|
|
(102,706 |
) |
|
58,994 |
|
4-10 years—straight line |
Collector database |
|
|
70,550 |
|
|
(63,980 |
) |
|
6,570 |
|
30 years—15% declining balance |
Tradenames |
|
|
59,102 |
|
|
(10,139 |
) |
|
48,963 |
|
4-15 years—straight line |
Purchased data lists |
|
|
14,540 |
|
|
(8,527 |
) |
|
6,013 |
|
1-5 years—straight line, accelerated |
Favorable lease |
|
|
3,291 |
|
|
(29 |
) |
|
3,262 |
|
10 years—straight line |
Noncompete agreements |
|
|
1,300 |
|
|
— |
|
|
1,300 |
|
3 years—straight line |
|
|
$ |
988,483 |
|
$ |
(417,959 |
) |
$ |
570,524 |
|
|
Indefinite Lived Assets |
|
|
|
|
|
|
|
|
|
|
|
Tradenames |
|
|
12,350 |
|
|
— |
|
|
12,350 |
|
Indefinite life |
Total intangible assets |
|
$ |
1,000,833 |
|
$ |
(417,959 |
) |
$ |
582,874 |
|
| |
Schedule of changes in carrying amount of goodwill |
|
|
LoyaltyOne |
|
Epsilon |
|
Private Label
Services and
Credit |
|
Corporate/
Other |
|
Total |
|
|
|
(In thousands) |
|
December 31, 2011 |
|
$ |
241,697 |
|
$ |
945,934 |
|
$ |
261,732 |
|
$ |
— |
|
$ |
1,449,363 |
|
Goodwill acquired during year |
|
|
— |
|
|
294,275 |
|
|
— |
|
|
— |
|
|
294,275 |
|
Effects of foreign currency translation |
|
|
6,373 |
|
|
1,042 |
|
|
— |
|
|
— |
|
|
7,415 |
|
December 31, 2012 |
|
|
248,070 |
|
|
1,241,251 |
|
|
261,732 |
|
|
— |
|
|
1,751,053 |
|
Effects of foreign currency translation |
|
|
(15,621 |
) |
|
271 |
|
|
— |
|
|
— |
|
|
(15,350 |
) |
December 31, 2013 |
|
$ |
232,449 |
|
$ |
1,241,522 |
|
$ |
261,732 |
|
$ |
— |
|
$ |
1,735,703 |
| |