Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2015

Goodwill And Intangible Assets Disclosure [Abstract]

(4)	GOODWILL AND OTHER INTANGIBLE ASSETS

Other intangible assets and related accumulated amortization consists of the following at December 31:

	2015			2014
Gross carrying amount of acquisition intangibles:
Customer related intangibles	$	181,671		$	61,325
Acquired software		172,666			33,103
Trade name		10,765			3,331
Leases acquired		3,694			—
		368,796			97,759
Accumulated amortization		(73,418	)		(63,037	)
Total intangibles, net	$	295,378		$	34,722

Total amortization expense for intangibles was $10.3 million in 2015, $6.4 million in 2014, and $6.8 million during 2013.

The allocation of acquisition intangible assets is summarized in the following table:

	December 31, 2015						December 31, 2014
	Gross Carrying Amount		Weighted Average Amortization Period		Accumulated Amortization		Gross Carrying Amount		Weighted Average Amortization Period		Accumulated Amortization
Non-amortizable intangibles:
Goodwill	$	653,666		—	$	—	$	124,142		—	$	—
Amortizable intangibles:
Customer related intangibles		181,671	15 years			38,754		61,325	15 years			33,194
Acquired software		172,666	7 years			32,880		33,103	5 years			28,441
Trade name		10,765	12 years			1,747		3,331	15 years			1,402
Leases acquired		3,694	9 years			37		—		—		—

The changes in the carrying amount of goodwill for the two years ended December 31, 2015 are as follows:

	Enterprise Software Solutions		Appraisal and Tax Software Solutions and Services		Total
Balance as of December 31, 2013	$	114,454	$	6,557	$	121,011
Goodwill acquired during 2014 related to the purchase of SoftCode		3,131		—		3,131
Balance as of December 31, 2014		117,585		6,557		124,142
Goodwill acquired during 2015 related to the purchase of NWS		527,618		—		527,618
Goodwill acquired during 2015 related to the purchase of Brazos		1,906		—		1,906
Balance as of December 31, 2015	$	647,109	$	6,557	$	653,666

Estimated annual amortization expense relating to acquired leases will be recorded as a reduction to other income and is expected to be $444,000 in 2016, $444,000 in 2017, $426,000 in 2018, $372,000 in 2019, $313,000 in 2020 and $1.7 million thereafter. Estimated annual amortization expense relating to acquisition intangibles, including acquired software, for which the amortization expense is recorded as cost of revenues, for the next five years is as follows:


2016	$	35,182
2017		34,204
2018		33,528
2019		32,100
2020		30,804

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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