XML 55 R28.htm IDEA: XBRL DOCUMENT v2.4.1.9
Long-Lived Assets (Tables)
 12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Summary of Depreciation, Amortization and Accretion
The consolidated balances consisted of the following for the periods stated: 
 
For the Year Ended December 31,
 
2014
 
2013
 
2012
 
(Dollars in thousands)
Depreciation
$
10,200

 
$
9,664

 
$
11,054

Amortization
5,722

 
4,965

 
6,411

Accretion(1)
755

 
538

 
767

Total depreciation, amortization and accretion
$
16,677

 
$
15,167

 
$
18,232

 
(1) 
Accretion expense included $(29,000) in 2013 and $29,000 in 2012 related to a prior acquisition.
Summary of Changes in Asset Retirement Obligation Liability Balances
The components of the changes in the asset retirement obligation liabilities for the periods stated were as follows:
 
Short-Term
Portion
 
Long-Term
Portion
 
Total
 
(Dollars in thousands)
Balance at January 1, 2013
$
379

 
$
7,557

 
$
7,936

Accretion
(112
)
 
679

 
567

Amounts paid
(415
)
 
—

 
(415
)
Reductions recorded
(445
)
 
314

 
(131
)
Reclassifications
951

 
(951
)
 
—

Balance at December 31, 2013
$
358

 
$
7,599

 
$
7,957

Accretion
28

 
727

 
755

Amounts paid
(399
)
 
—

 
(399
)
Reductions recorded
(141
)
 
(1,025
)
 
(1,166
)
Reclassifications
496

 
(496
)
 
—

Balance at December 31, 2014
$
342

 
$
6,805

 
$
7,147
Schedule of Accretion Discount Rates on Interest Method
The accretion was recorded on the interest method utilizing the following discount rates for the specified periods: 
 
 
Period
Discount Rate
2014 – January 1 through December 31 – Additions(1)
10.48
%
2014 – December 31 - Incremental Estimates(2)
12.10
%
2013 – December 31 Additions(1) and Incremental Estimates
10.48
%
2013 – January 1 through September 30 – Additions(1)
10.60
%
2012 – December 31 Additions(1) and Incremental Estimates
10.60
%
2012 – September 30 – Incremental Estimates(2)
12.14
%
2012 – January 1 through September 30 – Additions(1)
10.77
%
 
(1) 
Transmitters moved to new sites resulting in additional liability.
(2) 
Weighted average credit adjusted risk-free rate used to discount downward revision to estimated future cash flows.
Summary of Amortizable Intangible Assets
The net consolidated balance of amortizable intangible assets consisted of the following at December 31, 2014 and 2013: 
 
 
 
As of December 31,
 
 
 
2014
 
2013
 
Useful Life
(In Years)
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Balance
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Balance
 
 
 
(Dollars in thousands)
Customer relationships
10
 
$
25,002

 
$
(9,584
)
 
$
15,418

 
$
25,002

 
$
(7,084
)
 
$
17,918

Acquired technology
2 - 4
 
8,452

 
(7,741
)
 
711

 
8,452

 
(5,865
)
 
2,587

Non-compete agreements
3 - 5
 
2,370

 
(2,242
)
 
128

 
2,370

 
(2,132
)
 
238

Trademarks
15
 
5,754

 
(2,313
)
 
3,441

 
5,702

 
(1,077
)
 
4,625

Total amortizable intangible assets
 
 
$
41,578

 
$
(21,880
)
 
$
19,698

 
$
41,526

 
$
(16,158
)
 
$
25,368
Summary of Estimated Amortization of Intangible Assets for Future Periods
Estimated amortization of intangible assets for future periods was as follows: 
 
 
 
(Dollars in
thousands)
For the year ending December 31,
 
2015
$
4,735

2016
4,160

2017
2,886

2018
2,500

2019
2,500

Thereafter
2,917

Total
$
19,698