XML 126 R38.htm IDEA: XBRL DOCUMENT v2.4.1.9
Intangible Assets and Goodwill (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Disclosure
Intangible assets at December 31, 2014 and 2013 consisted of the following:
 
December 31, 2014
 
December 31, 2013
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Customer relationships
$
337,438

 
$
(263,121
)
 
$
74,317

 
$
354,373

 
$
(251,388
)
 
$
102,985

Supplier relationships
29,000

 
(27,913
)
 
1,087

 
29,000

 
(25,013
)
 
3,987

Software & technology
160,825

 
(154,610
)
 
6,215

 
167,009

 
(155,009
)
 
12,000

Trademarks & other
33,079

 
(32,525
)
 
554

 
42,773

 
(41,358
)
 
1,415

Total intangible assets, net
$
560,342

 
$
(478,169
)
 
$
82,173

 
$
593,155

 
$
(472,768
)
 
$
120,387

Future Amortization
The future amortization expense for intangible assets at December 31, 2014 was as follows:
Year ended December 31,
 
2015
$
28,827

2016
22,061

2017
10,949

2018
8,321

2019
5,257

Thereafter
6,758

Total
$
82,173

Schedule of Goodwill
The changes in the carrying amount of goodwill, by reporting segment, for the years ended December 31, 2014 and 2013 are shown in the tables below. Prior year amounts have been recast for the change in reportable segments and discontinued operations.
 
Gross value before accumulated impairment
 
Accumulated impairment
 
December 31, 2013
 
Impairment
 
Other (1)
 
December 31, 2014
North America Mailing
$
326,664

 
$

 
$
326,664

 
$

 
$
(17,216
)
 
$
309,448

International Mailing
182,261

 

 
182,261

 

 
(20,115
)
 
162,146

Small & Medium Business Solutions
508,925

 

 
508,925

 

 
(37,331
)
 
471,594

Production Mail
118,060

 

 
118,060

 

 
(7,223
)
 
110,837

Presort Services
195,140

 

 
195,140

 

 

 
195,140

Enterprise Business Solutions
313,200

 

 
313,200

 

 
(7,223
)
 
305,977

Digital Commerce Solutions
903,393

 

 
903,393

 

 
(8,243
)
 
895,150

Total reportable segments
1,725,518

 

 
1,725,518

 

 
(52,797
)
 
1,672,721

Discontinued operations
9,353

 

 
9,353

 

 
(9,353
)
 

Total goodwill
$
1,734,871

 
$

 
$
1,734,871

 
$

 
$
(62,150
)
 
$
1,672,721

 
Gross value before accumulated impairment
 
Accumulated impairment
 
December 31, 2012
 
Impairment
 
Other (1)
 
December 31, 2013
North America Mailing
$
322,610

 
$

 
$
322,610

 
$

 
$
4,054

 
$
326,664

International Mailing
182,746

 

 
182,746

 

 
(485
)
 
182,261

Small & Medium Business Solutions
505,356

 

 
505,356

 

 
3,569

 
508,925

Production Mail
120,881

 

 
120,881

 

 
(2,821
)
 
118,060

Presort Services
195,140

 

 
195,140

 

 

 
195,140

Enterprise Business Solutions
316,021

 

 
316,021

 

 
(2,821
)
 
313,200

Digital Commerce Solutions
900,347

 

 
900,347

 

 
3,046

 
903,393

Total reportable segments
1,721,724

 

 
1,721,724

 

 
3,794

 
1,725,518

Discontinued operations
562,879

 
(148,465
)
 
414,414

 
(101,415
)
 
(303,646
)
 
9,353

Total goodwill
$
2,284,603

 
$
(148,465
)
 
$
2,136,138

 
$
(101,415
)
 
$
(299,852
)
 
$
1,734,871



(1)
Primarily represents foreign currency translation adjustments. For discontinued operations, the adjustment primarily represents the write-off of remaining goodwill upon sale.