Other Intangible Assets, net (Tables)

12 Months Ended

Dec. 31, 2014

Contract Acquisition Costs

Components of Intangible Assets

Significant components of contract acquisition costs as of December 31, 2014 and 2013 are summarized as follows:

(in thousands)	2014		2013
Conversion costs, net	$	159,339		112,177
Payments for processing rights, net		76,966		72,651
Total	$	236,305		184,828

Weighted Average Useful Life

The weighted average useful life for each component of contract acquisition costs, and in total, as of December 31, 2014 is as follows:

	Weighted Average Amortization Period (Yrs)
Payments for processing rights		14.5
Conversion costs		12.3
Total		13.4

Estimated Future Amortization Expense

Estimated future amortization expense of conversion costs and payments for processing rights as of December 31, 2014 for the next five years is:

(in thousands)	Conversion Costs		Payments for Processing Rights
2015	$	30,060		16,897
2016		28,598		13,797
2017		26,210		11,691
2018		23,687		10,229
2019		20,715		8,322

Computer Software, Intangible Asset

Components of Intangible Assets

Computer software as of December 31, 2014 and 2013 is summarized as follows:

(in thousands)	2014		2013
Licensed computer software	$	435,701		393,947
Software development costs		376,026		337,993
Acquisition technology intangibles		167,687		168,336
Total computer software		979,414		900,276
Less accumulated amortization:
Licensed computer software		243,866		207,496
Software development costs		275,512		254,046
Acquisition technology intangibles		93,888		74,854
Total accumulated amortization		613,266		536,396
Computer software, net	$	366,148		363,880

Weighted Average Useful Life

The weighted average useful life for each component of computer software, and in total, as of December 31, 2014, is as follows:

	Weighted Average Amortization Period (Yrs)
Licensed computer software		5.2
Software development costs		5.8
Acquisition technology intangibles		6.8
Total		5.7

Estimated Future Amortization Expense

Estimated future amortization expense of licensed computer software, software development costs and acquisition technology intangibles as of December 31, 2014 for the next five years is:

(in thousands)	Licensed Computer Software		Software Development Costs		Acquisition Technology Intangibles
2015	$	41,956		25,334		16,670
2016		31,960		18,919		15,202
2017		21,326		13,770		13,718
2018		11,017		7,689		11,243
2019		6,097		1,568		11,243

Other intangible assets

Components of Intangible Assets

Significant components of other intangible assets as of December 31, 2014 and 2013 are summarized as follows:

	2014
(in thousands)	Gross		Accumulated Amortization			Net
Channel relationships	$	318,600		(60,079	)	$	258,521
Customer relationships		167,140		(87,201	)		79,939
Trade name		46,480		(15,680	)		30,800
Database		28,000		(8,400	)		19,600
Covenants-not-to-compete		14,940		(5,551	)		9,389
Trade association		10,000		(4,750	)		5,250
Favorable lease		875		(267	)		608
Total	$	586,035		(181,928	)	$	404,107

	2013
(in thousands)	Gross		Accumulated Amortization			Net
Channel relationships	$	318,600		(20,261	)	$	298,339
Customer relationships		167,871		(69,114	)		98,757
Trade name		46,561		(6,527	)		40,034
Database		28,000		(2,800	)		25,200
Covenants-not-to-compete		14,940		(2,887	)		12,053
Trade association		10,000		(3,750	)		6,250
Favorable lease		875		(89	)		786
Total	$	586,847		(105,428	)	$	481,419

Weighted Average Useful Life

The weighted average useful life for each component of other intangible assets, and in total, as of December 31, 2014 is as follows:

	Weighted Average Amortization Period (Yrs)
Channel relationships		8.0
Customer relationships		8.2
Trade name		4.9
Database		5.0
Covenants-not-to-compete		5.3
Trade association		10.0
Favorable Lease		4.9
Total		7.6

Estimated Future Amortization Expense

Estimated future amortization expense of other intangible assets as of December 31, 2014 for the next five years is:

(in thousands)
2015	$	75,770
2016		75,213
2017		74,823
2018		60,166
2019		47,870