Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2017

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, 2016	$	271,443		$	(39,656	)	$	231,787
Acquisitions (1)	(363		)	—			(363		)
Goodwill as of March 31, 2017	$	271,080		$	(39,656	)	$	231,424

________________

⁽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 March 31, 2017
		Gross Carrying		Accumulated			Net Carrying
Intangible Assets	Useful Life	Amount		Amortization			Amount
Customer relationships	3-11 years	$	65,486	$	(23,640	)	$	41,846
Trademarks/trade names	3-11 years	22,904		(10,847		)	12,057
Technology	5-9 years	26,322		(11,654		)	14,668
Non-compete agreements	3-5 years	3,908		(3,572		)	336
		118,620		(49,713		)	68,907
Other intellectual property (1)	Indefinite	700		—			700
		$	119,320	$	(49,713	)	$	69,607

(in thousands)		As of December 31, 2016
		Gross Carrying		Accumulated			Net Carrying
Intangible Assets	Useful Life	Amount		Amortization			Amount
Customer relationships	3-11 years	$	65,603	$	(21,783	)	$	43,820
Trademarks/trade names	3-11 years	22,904		(10,043		)	12,861
Technology	5-9 years	26,334		(10,675		)	15,659
Non-compete agreements	3-5 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

____________________

⁽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 March 31, 2017 and December 31, 2016.

Remaining Estimated Amortization Expense

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

(in thousands)
2017 (remaining nine months)	$	10,691
2018	12,892
2019	11,351
2020	9,911
2021	9,813
Thereafter	14,249
Remaining amortization expense	$	68,907