XML 50 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2013
Summary of Activity Related to Goodwill

The following table summarizes the activity related to ICG’s goodwill (in thousands):

 

 

Gross Carrying
Amount

 

  

Accumulated
Impairment
Losses

 

 

Net Carrying
Amount

 

Goodwill as of December 31, 2012

88,116

  

  

 

(304

 

87,812

  

Increase in goodwill due to Bolt’s acquisition of Superior Access

 

2,540

  

  

 

  

 

 

2,540

  

Goodwill as of December 31, 2013

$

90,656

  

  

 

(304

 

$

90,352

  

 

Summary of Intangible Assets from Continuing Operations

The following table summarizes ICG’s intangible assets from continuing operations (in thousands):

 

 

  

Useful Life

  

As of December 31, 2013

 

Intangible Assets

  

  

Gross
Carrying
Amount

 

  

Accumulated
Amortization

 

  

Net
Carrying
Amount

 

Customer relationships

  

1-11 years

  

$

45,601

  

  

$

(9,546

)  

  

$

36,055

  

Trademarks/trade names

  

3-11 years

  

 

15,813

  

  

 

(2,373

)  

  

 

13,440

  

Technology

  

5-10 years

  

 

9,527

  

  

 

(2,161

)  

  

 

7,366

  

Non-compete agreements

  

2-5 years

  

 

3,666

  

  

 

(2,172

)  

  

 

1,494

  

 

  

 

  

 

74,607

  

  

 

(16,252

)  

  

 

58,355

  

Other intellectual property

  

Indefinite

  

 

400

  

  

 

  

  

 

400

  

 

  

  

  

$

75,007

  

  

$

(16,252

)  

  

$

58,755

  

 

 

  

Useful Life

  

As of December 31, 2012

 

Intangible Assets

  

  

Gross
Carrying
Amount

 

  

Accumulated
Amortization

 

  

Net
Carrying
Amount

 

Customer relationships

  

3-11 years

  

$

40,622

  

  

$

(5,386

)  

  

$

35,236

  

Trademarks/trade names

  

3-11 years

  

 

14,713

  

  

 

(866

)  

  

 

13,847

  

Technology

  

10 years

  

 

10,068

  

  

 

(588

)  

  

 

9,480

  

Non-compete agreements

  

2-5 years

  

 

3,666

  

  

 

(942

)  

  

 

2,724

  

 

  

 

  

 

69,069

  

  

 

(7,782

)  

  

 

61,287

  

Other intellectual property

  

Indefinite

  

 

400

  

  

 

  

  

 

400

  

 

  

  

  

$

69,469

  

  

$

(7,782

)  

  

$

61,687

  

 

Remaining Estimated Amortization Expense

Remaining estimated amortization expense is as follows (in thousands):

 

2014

$

9,169

  

2015

 

8,246

 

2016

 

7,844

 

2017

 

7,429

 

2018

 

6,175

 

Thereafter

 

19,492

 

Remaining amortization expense

$

58,355