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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Goodwill Balances
The following table summarizes the changes in the Company’s goodwill balances from December 31, 2016 to March 31, 2017 for the Company’s two reporting units:
 
Web Presence Unit
 
Email Marketing Unit
 
Total
 
Amount
 
Amount
 
Amount
 
(in thousands)
 
(in thousands)
 
(in thousands)
Goodwill balance at December 31, 2016
$
1,255,604

 
$
604,305

 
$
1,859,909

Goodwill related to 2016 acquisitions
—

 
—

 
—

Foreign translation impact
382

 
—

 
382

Goodwill balance at March 31, 2017
$
1,255,986

 
$
604,305

 
$
1,860,291

Summary of Other Intangible Assets
At December 31, 2016, other intangible assets consisted of the following:
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Weighted
Average
Useful Life
 
(dollars in thousands)
Developed technology
$
284,005

 
$
111,348

 
$
172,657

 
7 years
Subscriber relationships
659,662

 
345,070

 
314,592

 
7 years
Trade-names
133,805

 
57,789

 
76,016

 
8 years
Intellectual property
34,084

 
10,270

 
23,814

 
13 years
Domain names available for sale
29,954

 
4,976

 
24,978

 
Indefinite
Leasehold interests
314

 
314

 
—

 
1 year
Total December 31, 2016
$
1,141,824

 
$
529,767

 
$
612,057

 
 
During the three months ended March 31, 2016, the Company wrote-off acquired in-process research and development of $1.4 million related to its acquisition of Webzai in 2014, as the Company had abandoned certain research and development projects in favor of other projects. There were no impairment charges of intangible assets during the three months ended March 31, 2017.
At March 31, 2017, other intangible assets consisted of the following:
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Weighted
Average
Useful Life
 
(dollars in thousands)
Developed technology
$
284,043

 
$
119,810

 
$
164,233

 
7 years
Subscriber relationships
659,762

 
366,163

 
293,599

 
7 years
Trade-names
133,806

 
61,280

 
72,526

 
8 years
Intellectual property
34,120

 
11,145

 
22,975

 
13 years
Domain names available for sale
30,121

 
5,431

 
24,690

 
Indefinite
Leasehold interests
314

 
314

 
—

 
1 year
Total March 31, 2017
$
1,142,166

 
$
564,143

 
$
578,023