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Other Intangible Assets, Net (Tables) - Other intangible assets
12 Months Ended
Dec. 31, 2016
Significant Components of Contract Acquisition Costs, Net of Accumulated Amortization

 

 

 

 

 

 

 

 

 

 

 

 

2016

 

(in thousands)

    

Gross

    

Accumulated
Amortization

    

Net

 

Merchant relationships

 

$

588,000

 

(63,000)

 

$

525,000

 

Channel relationships

 

 

439,600

 

(148,815)

 

 

290,785

 

Customer relationships

 

 

166,340

 

(122,465)

 

 

43,875

 

Trade name

 

 

62,397

 

(45,197)

 

 

17,200

 

Covenants-not-to-compete

 

 

29,940

 

(13,869)

 

 

16,071

 

Database

 

 

28,000

 

(19,600)

 

 

8,400

 

Trade association

 

 

10,000

 

(6,750)

 

 

3,250

 

Favorable lease

 

 

3,006

 

(911)

 

 

2,095

 

Total

 

$

1,327,283

 

(420,607)

 

$

906,676

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

Covenants-not-to-compete

 

 

14,940

 

(7,834)

 

 

7,106

 

Database

 

 

28,000

 

(14,000)

 

 

14,000

 

Trade association

 

 

10,000

 

(5,750)

 

 

4,250

 

Favorable lease

 

 

875

 

(445)

 

 

430

 

Total

 

$

585,416

 

(257,096)

 

$

328,320

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Useful Life

The weighted average useful life for each component of other intangible assets, and in total, as of December 31, 2016 is as follows:

 

 

 

 

 

    

Weighted Average
Amortization Period (Yrs)

 

Merchant relationships

 

7.0

 

Channel relationships

 

8.6

 

Customer relationships

 

8.2

 

Trade name

 

3.9

 

Covenants-not-to-compete

 

4.1

 

Database

 

5.0

 

Trade association

 

10.0

 

Favorable lease

 

5.4

 

Total

 

7.4

 

 

Estimated Future Amortization Expense

 

 

 

 

 

(in thousands)

    

 

 

 

2017

 

$

180,304

 

2018

 

 

161,647

 

2019

 

 

145,601

 

2020

 

 

140,193

 

2021

 

 

119,617