XML 58 R22.htm IDEA: XBRL DOCUMENT v3.2.0.727
Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill Allocated by Reportable Segments

The changes in the carrying amount of goodwill, allocated by reportable segments, were as follows (See Note 12):

 

(Dollar amounts in thousands)    Merchant
Acquiring, net
     Payment
Processing
     Business
Solutions
     Total  

Balance at December 31, 2014

   $ 138,121       $ 184,228       $ 46,488       $ 368,837   

Foreign currency translation adjustments

     —           (26      100         74   
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance at June 30, 2015

   $ 138,121       $ 184,202       $ 46,588       $ 368,911   
  

 

 

    

 

 

    

 

 

    

 

 

 
Carrying Amount of Other Intangible Assets

The carrying amount of other intangible assets for the six months ended June 30, 2015 and the year ended December 31, 2014 consisted of the following:

 

          June 30, 2015  
(Dollar amounts in thousands)    Useful life in years    Gross
amount
     Accumulated
amortization
     Net carrying
amount
 

Customer relationships

   14    $ 312,795       $ (106,628    $ 206,167   

Trademark

   10 - 15      39,950         (16,454      23,496   

Software packages

   3 - 10      146,398         (97,265      49,133   

Non-compete agreement

   15      56,539         (17,904      38,635   
     

 

 

    

 

 

    

 

 

 

Other intangible assets, net

      $ 555,682       $ (238,251    $ 317,431   
     

 

 

    

 

 

    

 

 

 
          December 31, 2014  
(Dollar amounts in thousands)    Useful life in years    Gross
amount
     Accumulated
amortization
     Net carrying
amount
 

Customer relationships

   14    $ 312,735       $ (95,482    $ 217,253   

Trademark

   10 - 15      39,950         (14,722      25,228   

Software packages

   3 - 10      138,188         (86,605      51,583   

Non-compete agreement

   15      56,539         (16,019      40,520   
     

 

 

    

 

 

    

 

 

 

Other intangible assets, net

      $ 547,412       $ (212,828    $ 334,584   
     

 

 

    

 

 

    

 

 

 
Estimated Amortization Expenses

The estimated amortization expense of the balances outstanding at June 30, 2015 for the next five years is as follows:

 

(Dollar amounts in thousands)  

Remaining 2015

   $ 23,464   

2016

     39,154   

2017

     35,942   

2018

     32,966   

2019

     31,937   

2020

     30,017