GOODWILL AND INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2015

NOTE 3: GOODWILL AND INTANGIBLE ASSETS

The change in the carrying amount of goodwill for the nine months ended September 30, 2015 was as follows:

	Technology Segment			Bankruptcy and Settlement Administration Segment			Total
	(in thousands)
Balance as of December 31, 2014	$	189,071		$	215,116		$	404,187
Acquisitions	74,852			—			74,852
Impairment	—			(153		)	(153		)
Foreign currency translation	(113		)	—			(113		)

Balance as of September 30, 2015	$	263,810		$	214,963		$	478,773

The change in the carrying amount of identifiable intangible assets, net for the nine months ended September 30, 2015 was as follows:

	Customer Relationships			Trade Names			Acquired Technology			Non-compete Agreements			Total
	(in thousands)
Balance at December 31, 2014	$	23,672		$	3,279		$	1,056		$	1,598		$	29,605
Acquisitions	15,400			7,000			8,400			3,894			34,694
Impairment	—			—			(1,009		)	—			(1,009		)
Amortization	(8,143		)	(1,212		)	(2,410		)	(1,561		)	(13,326		)

Balance at September 30, 2015	$	30,929		$	9,067		$	6,037		$	3,931		$	49,964

The following table outlines the estimated future amortization expense related to intangible assets at September 30, 2015:

Year Ending December 31,	(in thousands)
2015 (From October 1, 2015 to December 31, 2015)	5,020
2016	14,870
2017	10,586
2018	6,817
2019	5,154
Thereafter	7,517

Total	$	49,964

Impairment of goodwill and identifiable intangible assets

During the second quarter of 2015, management approved a plan to exit the operating business of Minus -10 Software, LLC (“Minus 10”), and as a result, we recorded a non-cash impairment charge of $1.2 million related to the Minus 10 goodwill and acquired intangible assets. In August 2015, we sold our 100% equity interest in Minus 10 for an amount immaterial to the Condensed Consolidated Financial Statements. The historical assets and liabilities and operating results of Minus 10 are included in the Bankruptcy and Settlement Administration segment until the date of disposition and are immaterial to the Condensed Consolidated Financial Statements.

- 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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