Schedule of intangible assets |
|
|
December 31, 2015
|
|
|
|
|
|
Gross Assets
|
|
Accumulated Amortization
|
|
Net
|
|
Amortization Life and Method
|
|
|
|
(In thousands)
|
|
|
|
Finite Lived Assets
|
|
|
|
|
|
|
|
|
|
Customer contracts and lists
|
|
$
|
1,195,214
|
|
$
|
(361,579
|
)
|
$
|
833,635
|
|
3-12 years—straight line
|
|
Premium on purchased credit card portfolios
|
|
259,477
|
|
(113,957
|
)
|
145,520
|
|
3-10 years—straight line, accelerated
|
|
Customer database
|
|
210,300
|
|
(163,131
|
)
|
47,169
|
|
3-10 years—straight line
|
|
Collector database
|
|
50,577
|
|
(47,747
|
)
|
2,830
|
|
30 years—15% declining balance
|
|
Publisher networks
|
|
140,200
|
|
(29,238
|
)
|
110,962
|
|
5-7 years—straight line
|
|
Tradenames
|
|
84,867
|
|
(44,107
|
)
|
40,760
|
|
2-15 years—straight line
|
|
Purchased data lists
|
|
11,873
|
|
(6,372
|
)
|
5,501
|
|
1-5 years—straight line, accelerated
|
|
Favorable lease
|
|
6,891
|
|
(1,873
|
)
|
5,018
|
|
3-10 years—straight line
|
|
Noncompete agreements
|
|
1,300
|
|
(1,300
|
)
|
—
|
|
3 years—straight line
|
|
|
|
$
|
1,960,699
|
|
$
|
(769,304
|
)
|
$
|
1,191,395
|
|
|
|
Indefinite Lived Assets
|
|
|
|
|
|
|
|
|
|
Tradenames
|
|
12,350
|
|
—
|
|
12,350
|
|
Indefinite life
|
|
|
|
|
|
|
|
|
|
|
|
Total intangible assets
|
|
$
|
1,973,049
|
|
$
|
(769,304
|
)
|
$
|
1,203,745
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2014
|
|
|
|
|
|
Gross Assets
|
|
Accumulated Amortization
|
|
Net
|
|
Amortization Life and Method
|
|
|
|
(In thousands)
|
|
|
|
Finite Lived Assets
|
|
|
|
|
|
|
|
|
|
Customer contracts and lists
|
|
$
|
1,328,056
|
|
$
|
(295,263
|
)
|
$
|
1,032,793
|
|
4-12 years—straight line
|
|
Premium on purchased credit card portfolios
|
|
289,173
|
|
(114,923
|
)
|
174,250
|
|
3-10 years—straight line, accelerated
|
|
Customer databases
|
|
210,300
|
|
(126,157
|
)
|
84,143
|
|
3-10 years—straight line
|
|
Collector database
|
|
60,238
|
|
(56,239
|
)
|
3,999
|
|
30 years—15% declining balance
|
|
Publisher networks
|
|
140,200
|
|
(1,662
|
)
|
138,538
|
|
5-7 years—straight line
|
|
Tradenames
|
|
86,934
|
|
(29,408
|
)
|
57,526
|
|
2-15 years—straight line
|
|
Purchased data lists
|
|
12,335
|
|
(6,497
|
)
|
5,838
|
|
1-5 years—straight line, accelerated
|
|
Favorable lease
|
|
6,891
|
|
(767
|
)
|
6,124
|
|
3-10 years—straight line
|
|
Noncompete agreements
|
|
1,300
|
|
(867
|
)
|
433
|
|
3 years—straight line
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
2,135,427
|
|
$
|
(631,783
|
)
|
$
|
1,503,644
|
|
|
|
Indefinite Lived Assets
|
|
|
|
|
|
|
|
|
|
Tradenames
|
|
12,350
|
|
—
|
|
12,350
|
|
Indefinite life
|
|
|
|
|
|
|
|
|
|
|
|
Total intangible assets
|
|
$
|
2,147,777
|
|
$
|
(631,783
|
)
|
$
|
1,515,994
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Schedule of changes in carrying amount of goodwill |
|
|
LoyaltyOne
|
|
Epsilon
|
|
Card Services
|
|
Corporate/ Other
|
|
Total
|
|
|
|
(In thousands)
|
|
December 31, 2013
|
|
$
|
232,449
|
|
$
|
1,241,522
|
|
$
|
261,732
|
|
$
|
—
|
|
$
|
1,735,703
|
|
Goodwill acquired during year
|
|
565,015
|
|
1,650,299
|
|
—
|
|
—
|
|
2,215,314
|
|
Effects of foreign currency translation
|
|
(84,007
|
)
|
(1,526
|
)
|
—
|
|
—
|
|
(85,533
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2014
|
|
713,457
|
|
2,890,295
|
|
261,732
|
|
—
|
|
3,865,484
|
|
Goodwill acquired during year
|
|
34,712
|
|
—
|
|
—
|
|
—
|
|
34,712
|
|
Effects of foreign currency translation
|
|
(84,667
|
)
|
(1,451
|
)
|
—
|
|
—
|
|
(86,118
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2015
|
|
$
|
663,502
|
|
$
|
2,888,844
|
|
$
|
261,732
|
|
$
|
—
|
|
$
|
3,814,078
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|