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INTANGIBLE ASSETS AND GOODWILL (Tables)
12 Months Ended
Dec. 31, 2013
INTANGIBLE ASSETS AND GOODWILL  
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
 
$
(187,350
)
$
252,850
 
3-12 years—straight line
Premium on purchased credit card portfolios
   
216,041
   
(118,006
)
 
98,035
 
5-10 years—straight line, accelerated
Customer database
   
161,700
   
(122,230
)
 
39,470
 
4-10 years—straight line
Collector database
   
65,895
   
(60,711
)
 
5,184
 
30 years—15% declining balance
Tradenames
   
58,567
   
(15,443
)
 
43,124
 
4-15 years—straight line
Purchased data lists
   
17,567
   
(11,959
)
 
5,608
 
1-5 years—straight line, accelerated
Favorable lease
   
3,291
   
(375
)
 
2,916
 
10 years—straight line
Noncompete agreements
   
1,300
   
(433
 
867
 
3 years—straight line
   
$
964,561
 
$
(516,507
)
$
448,054
   
Indefinite Lived Assets
                     
Tradenames
   
12,350
   
   
12,350
 
Indefinite life
Total intangible assets
 
$
976,911
 
$
(516,507
)
$
460,404
   
 
 
   
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 estimated amortization expense related to intangible assets
 
   
For Years Ending
December 31,
 
   
(In thousands)
 
2014
 
$
118,945
 
2015
   
94,436
 
2016
   
77,873
 
2017
   
52,172
 
2018
   
42,539
 
2019 & thereafter
   
62,089
 
 
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