Goodwill and Intangibles (Tables)

3 Months Ended

Mar. 31, 2014

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, 2013	$	90,770		(304	)	$	90,466
Change in goodwill during the three months ended March 31, 2014		—		—			—
Goodwill as of March 31, 2014	$	90,770		(304	)	$	90,466

Summary of Intangible Assets from Continuing Operations

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

	Useful Life	As of March 31, 2014
Intangible Assets		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer relationships	1-11 years	$	45,599	$	(10,696	)	$	34,903
Trademarks/trade names	3-11 years		15,813		(2,777	)		13,0369
Technology	5-10 years		9,527		(2,610	)		6,917
Non-compete agreements	2-5 years		3,666		(2,470	)		1,196
Other intellectual property (1)	2 years		400		—			400
		$	75,005	$	(18,553	)	$	56,452

⁽¹⁾ ICG currently estimates the residual value of this asset to be $0.4 million. 

	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

Remaining Estimated Amortization Expense

Remaining estimated amortization expense for the respective years set forth below is as follows (in thousands):

2014 (remaining nine months)	$	6,864
2015		8,254
2016		7,844
2017		7,426
2018		6,172
Thereafter		19,492
Remaining amortization expense	$	56,052