Goodwill and Intangible Assets

3 Months Ended

Mar. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the carrying amount of goodwill are as follows (in thousands):



	Personal Information Services Reporting Unit			Insurance and Other Consumer Services Reporting Unit			Bail Bonds Industry Solutions Reporting Unit			Totals
Balance as of March 31, 2017
Gross carrying amount	$	35,253		$	10,665		$	—		$	45,918
Accumulated impairment losses	(25,837		)	(10,318		)	—			(36,155		)
Net carrying value of goodwill	$	9,416		$	347		$	—		$	9,763

Balance as of December 31, 2016
Gross carrying amount	$	35,253		$	10,665		$	1,390		$	47,308
Accumulated impairment losses	(25,837		)	(10,318		)	(1,390		)	(37,545		)
Net carrying value of goodwill	$	9,416		$	347		$	—		$	9,763

During the three months ended March 31, 2017, we did not identify any triggering events related to our goodwill and therefore were not required to test our goodwill for impairment. To the extent our Personal Information Services or Insurance and Other Consumer Services reporting units realize unfavorable actual results compared to forecasted results, or decrease forecasted results compared to previous forecasts, or in the event the estimated fair value of those reporting units decrease (as a result, among other things, of changes in market capitalization, including further declines in our stock price), we may incur additional goodwill impairment charges in the future. Future impairment charges on our Personal Information Services reporting unit will be recognized in the operating results of our Personal Information Services segment and our Insurance and Other Consumer Services segment, based on a pro-rata allocation of goodwill.

Our intangible assets consisted of the following (in thousands):



	Gross Carrying Amount			Accumulated Amortization			Impairment			Net Carrying Amount
As of March 31, 2017:
Amortizable intangible assets:
Customer related	$	38,874		$	(38,857	)	$	—		$	17
Marketing related	2,929			(2,883		)	—			46
Technology related	2,771			(2,671		)	—			100
Subtotal	44,574			(44,411		)	—			163
Less: held for sale	(925		)	925			—			—
Total amortizable intangible assets at March 31, 2017	$	43,649		$	(43,486	)	$	—		$	163
As of December 31, 2016:
Amortizable intangible assets:
Customer related	$	38,874		$	(38,822	)	$	(17	)	$	35
Marketing related	3,336			(3,143		)	(138		)	55
Technology related	4,068			(3,197		)	(751		)	120
Subtotal	46,278			(45,162		)	(906		)	210
Less: held for sale	(1,704		)	1,704			—			—
Total amortizable intangible assets at December 31, 2016	$	44,574		$	(43,458	)	$	(906	)	$	210

During the three months ended March 31, 2017, there were no adverse changes in our long-lived assets, which would cause a need for an impairment analysis. Intangible assets decreased in the year ended December 31, 2016 primarily due to the full impairment of assets associated with the decision to wind down our Pet Health Monitoring segment and exit the Habits at Work business. We believe there is a remote possibility of recoverability of these intangible assets as we do not forecast positive cash flows for these businesses.

Intangible assets are amortized over a period of two to ten years. For the three months ended March 31, 2017 and 2016, we had an aggregate amortization expense of $47 thousand and $192 thousand, respectively, which was included in amortization expense in our condensed consolidated statements of operations. We estimate that we will have the following amortization expense for the future periods indicated below (in thousands):



For the remaining nine months ending December 31, 2017	$	105
For the year ending December 31, 2018	58
Total	$	163

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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