Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

The following table presents the Company’s purchased intangible assets as of March 31, 2019 (in thousands):

	Gross Intangibles		Accumulated Amortization			Net Intangibles		Weighted Average Amortization Period (years)
Intangible assets subject to amortization:
Customer relationships	$	190,343	$	(110,232	)	$	80,111		10
Trade names and trademarks		19,313		(11,175	)		8,138		8
Non-compete agreements		2,760		(1,950	)		810		3
Content library		506		(506	)		—		2
Proprietary software		1,040		(760	)		280		4
Intangible assets not subject to amortization:
Domain names		80,938		—			80,938	N/A
	$	294,900	$	(124,623	)	$	170,277		5

The following table presents the Company’s purchased intangible assets as of December 31, 2018 (in thousands):

	Gross Intangibles		Accumulated Amortization			Net Intangibles		Weighted Average Amortization Period (years)
Intangible assets subject to amortization:
Customer relationships	$	189,697	$	(106,502	)	$	83,195		10
Trade names and trademarks		19,236		(10,594	)		8,642		8
Non-compete agreements		2,746		(1,724	)		1,022		3
Content library		517		(517	)		—		2
Proprietary software		1,040		(725	)		315		4
Intangible assets not subject to amortization:
Domain names		80,857		—			80,857	N/A
	$	294,093	$	(120,062	)	$	174,031		5

Estimated Future Amortization Expense

The Company’s estimated future amortization expense for the succeeding years relating to the purchased intangible assets resulting from acquisitions completed prior to March 31, 2019 is as follows (in thousands):

Years Ending December 31,	Amount
2019 (remaining nine months)		12,436
2020		14,052
2021		9,468
2022		8,169
2023		7,325
2024		7,080
2025 and thereafter		30,809

Changes in Goodwill

Changes in goodwill for the three months ended March 31, 2019 consisted of the following (in thousands):

	January 1, 2019		Acquisition- Related ⁽¹⁾			Effect of Foreign Currency		March 31, 2019
Americas	$	255,436	$	291		$	953	$	256,680
EMEA		47,081		(124	)		283		47,240
	$	302,517	$	167		$	1,236	$	303,920

Changes in goodwill for the year ended December 31, 2018 consisted of the following (in thousands):

	January 1, 2018		Acquisition- Related ⁽¹⁾		Effect of Foreign Currency			December 31, 2018
Americas	$	258,496	$	2,175	$	(5,235	)	$	255,436
EMEA		10,769		36,361		(49	)		47,081
	$	269,265	$	38,536	$	(5,284	)	$	302,517

(1) See Note 1, Overview and Basis of Presentation, for further information. The year ended December 31, 2018 includes the goodwill recorded upon acquisition, while the three months ended March 31, 2019 includes the impact of adjustments to acquired goodwill upon finalization of working capital adjustments.