Goodwill and Intangibles

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Impairment

The Company did not record any goodwill or intangible asset impairment charges for continuing operations for the years ended December 31, 2019, 2018 and 2017.

Goodwill

There were no changes in goodwill from December 31, 2018 to December 31, 2019. Changes in goodwill were as follows for the period from December 31, 2017 to December 31, 2018:


	NET Services
Balances at December 31, 2017
Goodwill	$	191,215
Accumulated impairment losses	(96,000)
	95,215

Acquisition of Circulation	40,001
Balances at December 31, 2018
Goodwill	231,216
Accumulated impairment losses	(96,000)
	$	135,216

The total amount of goodwill from continuing operations that was deductible for income tax purposes related to acquisitions as of December 31, 2019 and 2018 was $29 for each year.

Intangible Assets

Intangible assets are comprised of acquired customer relationships, trademarks and trade names, and developed technology. Intangible assets consisted of the following:


		December 31,
		2019						2018
	Estimated Useful Life (Yrs)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Customer relationships	3 - 15	$	45,200	$	(35,980)	$	45,200	$	(32,632)
Developed technology	5	14,100		(3,525)		14,100		(705)

Trademarks and trade names	3	200		(83)		200		(17)
Total		$	59,500	$	(39,588)	$	59,500	$	(33,354)

The weighted-average amortization period at December 31, 2019 for intangibles was 12.3 years. No significant residual value is estimated for these intangible assets. Amortization expense from continuing operations was $6,234, $3,755 and $2,901 for the years ended December 31, 2019, 2018 and 2017, respectively.

The total amortization expense is estimated to be as follows for the next five years as of December 31, 2019:


Year	Amount
2020	$	6,234
2021	6,101
2022	5,461
2023	2,116
2024	—
Total	$	19,912