Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Activity Related to Goodwill

The following table summarizes the activity related to Actua’s goodwill:

(in thousands)	Gross carrying amount		Accumulated impairment losses			Net carrying amount
Goodwill as of December 31, 2014	$	260,115	$	—		$	260,115
Decrease in goodwill due to FolioDynamix impairment charge	—		(39,656		)	(39,656		)
Goodwill as of December 31, 2015	$	260,115	$	(39,656	)	$	220,459
Acquisitions (1)	11,328		—			11,328
Goodwill as of December 31, 2016	$	271,443	$	(39,656	)	$	231,787

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⁽¹⁾  Refer to Note 4, "Consolidated Businesses", for details of acquisitions.

Summary of Intangible Assets from Continuing Operations

The following table summarizes Actua’s intangible assets:

(in thousands)		As of December 31, 2016
		Gross carrying		Accumulated			Net carrying
Intangible assets	Useful life	amount		amortization			amount
Customer relationships	1-11 years	$	65,603	$	(21,783	)	$	43,820
Trademarks/trade names	3-11 years	22,904		(10,043		)	12,861
Technology	5-10 years	26,334		(10,675		)	15,659
Non-compete agreements	2-5 years	3,915		(3,549		)	366
		118,756		(46,050		)	72,706
Other intellectual property (1)	Indefinite	700		—			700
		$	119,456	$	(46,050	)	$	73,406

(in thousands)		As of December 31, 2015
		Gross carrying		Accumulated			Net carrying
Intangible assets	Useful life	amount		amortization			amount
Customer relationships	1-11 years	$	61,820	$	(14,377	)	$	47,443
Trademarks/trade names	3-11 years	22,898		(6,829		)	16,069
Technology	5-10 years	23,086		(6,945		)	16,141
Non-compete agreements	2-5 years	3,605		(3,515		)	90
		111,409		(31,666		)	79,743
Other intellectual property (1)	Indefinite	700		—			700
		$	112,109	$	(31,666	)	$	80,443

 ______________________________

⁽¹⁾ Included in this line item is a domain name valued at $0.3 million that Actua currently believes has an indefinite life and a domain name for which Actua estimated the residual value to approximate its carrying value of $0.4 million as of both December 31, 2016 and December 31, 2015.

Remaining Estimated Amortization Expense

Remaining estimated amortization expense for the respective years is set forth as follows:

(in thousands)
2017	$	14,377
2018	12,912
2019	11,370
2020	9,930
2021	9,834
Thereafter	14,283
Remaining amortization expense	$	72,706