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Goodwill and Other Intangibles (Table)
9 Months Ended
Sep. 30, 2014
Goodwill and Other Intangibles  
Changes in the carrying amount of goodwill by reportable segment

The following table presents the changes in the carrying amount of goodwill by reportable segment for the nine months ended September 30, 2014 (dollars in thousands):

 

 

 

European
Operations

 

Total

 

Balance at December 31, 2013

 

$

 

$

 

2014 Activity:

 

 

 

 

 

Acquisition of ID’S

 

14,896

 

14,896

 

Currency translation adjustment

 

(564

)

(564

)

Balance at September 30, 2014

 

$

14,332

 

$

14,332

 

 

 

Schedule of future amortization expense for acquired other intangibles

Acquired other intangible assets consisted of the following at September 30, 2014 and December 31, 2013 (dollars in thousands):

 

 

 

September 30, 2014

 

December 31, 2013

 

 

 

 

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Gross Carrying
Amount

 

Accumulated
Amortization

 

Useful Lives
(Years)

 

Trade name

 

$

8,552 

 

$

 

$

8,400 

 

$

 

 

Customer-related intangibles

 

30,377 

 

10,589 

 

27,851 

 

8,923 

 

13.3 

 

Proprietary software

 

23,649 

 

19,678 

 

21,501 

 

17,921 

 

6.2 

 

Trading rights

 

339 

 

 

243 

 

 

 

Other

 

50 

 

 

50 

 

 

 

Total

 

$

62,967 

 

$

30,267 

 

$

58,045 

 

$

26,844