Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2017	$	271,080		$	(39,656	)	$	231,424

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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 June 30, 2017
		Gross Carrying		Accumulated			Net Carrying
Intangible Assets	Useful Life	Amount		Amortization			Amount
Customer relationships (1)	3-11 years	$	65,486	$	(26,573	)	$	38,913
Trademarks/trade names	3-11 years	22,904		(11,651		)	11,253
Technology	5-9 years	26,322		(12,538		)	13,784
Non-compete agreements	3-5 years	3,908		(3,596		)	312
		118,620		(54,358		)	64,262
Other intellectual property (2)	Indefinite	700		—			700
		$	119,320	$	(54,358	)	$	64,962

(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 (2)	Indefinite	700		—			700
		$	119,456	$	(46,050	)	$	73,406

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⁽¹⁾  Included in the accumulated amortization line item is an impairment charge of $0.3 million recognized in the three and six months ended June 30, 2017.

⁽²⁾  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 June 30, 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 six months)	$	8,219
2018	12,348
2019	10,807
2020	9,367
2021	9,271
Thereafter	14,250
Remaining amortization expense	$	64,262