Other Intangible Assets, net (Tables)

12 Months Ended

Dec. 31, 2015

Computer software as of December 31, 2015 and 2014 is summarized as follows:


(in thousands)	2015		2014
Licensed computer software	$	513,443		435,701
Software development costs		404,238		376,026
Acquisition technology intangibles		167,971		167,687

Total computer software		1,085,652		979,414

Less accumulated amortization:
Licensed computer software		282,563		243,866
Software development costs		287,863		275,512
Acquisition technology intangibles		110,156		93,888

Total accumulated amortization		680,582		613,266

Computer software, net	$	405,070		366,148

Weighted Average Useful Life

The weighted average useful life for each component of computer software, and in total, as of December 31, 2015, is as follows:


	Weighted Average Amortization Period (Yrs)
Licensed computer software		5.4
Software development costs		6.1
Acquisition technology intangibles		6.8

Total		5.9

Estimated Future Amortization Expense

Estimated future amortization expense of licensed computer software, software development costs and acquisition technology intangibles as of December 31, 2015 for the next five years is:


(in thousands)	Licensed Computer Software		Software Development Costs		Acquisition Technology Intangibles
2016	$	36,207		27,312		15,352
2017		31,034		21,608		13,868
2018		25,345		16,041		11,393
2019		13,617		9,916		11,393
2020		8,899		7,343		5,734

Contract Acquisition Costs

Components of Intangible Assets

Significant components of contract acquisition costs as of December 31, 2015 and 2014 are summarized as follows:


(in thousands)	2015		2014
Conversion costs, net	$	159,000		159,339
Payments for processing rights, net		88,811		76,966

Total	$	247,811		236,305

Weighted Average Useful Life

The weighted average useful life for each component of contract acquisition costs, and in total, as of December 31, 2015 is as follows:


	Weighted Average Amortization Period (Yrs)
Payments for processing rights		14.7
Conversion costs		12.3

Total		13.3

Estimated Future Amortization Expense

Estimated future amortization expense of conversion costs and payments for processing rights as of December 31, 2015 for the next five years is:


(in thousands)	Conversion Costs		Payments for Processing Rights
2016	$	32,122		17,394
2017		29,148		15,978
2018		25,656		14,561
2019		21,149		12,277
2020		17,800		10,167

Other intangible assets

Components of Intangible Assets

Significant components of other intangible assets as of December 31, 2015 and 2014 are summarized as follows:

2015

(in thousands)

Gross

Accumulated
Amortization

Net

Channel relationships

318,600

(99,909

)

218,691

Customer relationships

166,579

(104,736

)

61,843

Trade name

46,422

(24,422

)

22,000

Database

28,000

(14,000

)

14,000

Covenants-not-to-compete

14,940

(7,834

)

7,106

Trade association

10,000

(5,750

)

4,250

Favorable lease

875

(445

)

430

Total

585,416

(257,096

)

328,320


	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

Weighted Average Useful Life

The weighted average useful life for each component of other intangible assets, and in total, as of December 31, 2015 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, 2015 for the next five years is:


(in thousands)
2016	$	75,213
2017		74,823
2018		60,166
2019		47,870
2020		43,711