XML 41 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
INTANGIBLE ASSETS AND GOODWILL (Tables)
9 Months Ended
Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in carrying amount of goodwill during the nine months ended September 30, 2017 were as follows (in thousands):
Balance as of December 31, 2016
$
170,667

Additions upon business combinations
42,007

Goodwill measurement period adjustment
(178
)
Effect of currency translation
5,458

Goodwill reclassified to assets held for sale
(110,768
)
Balance as of September 30, 2017
$
107,186

Schedule of Intangible Assets
Intangible assets at September 30, 2017 and December 31, 2016 consisted of the following (dollars in thousands):
 
September 30, 2017
 
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Weighted
Average
Remaining
Life
Business relationships
$
9,919

 
$
(655
)
 
$
9,264

 
10.5
years
Developed technology
7,834

 
(1,752
)
 
6,082

 
4.3
years
Domains and data licenses
2,869

 
(1,719
)
 
1,150

 
2.5
years
Trademarks
999

 
(285
)
 
714

 
2.4
years
Content
3,961

 
(3,476
)
 
485

 
1.9
years
User relationships
146

 
(26
)
 
120

 
2.5
years
Total
$
25,728

 
$
(7,913
)
 
$
17,815

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Weighted
Average
Remaining
Life
Business relationships
$
17,400

 
$
(2,741
)
 
$
14,659

 
10.1
years
Developed technology
9,280

 
(4,122
)
 
5,158

 
3.1
years
Domains and data licenses
2,804

 
(1,340
)
 
1,464

 
3.0
years
Trademarks
3,338

 
(1,861
)
 
1,477

 
2.1
years
Content
3,674

 
(2,581
)
 
1,093

 
2.0
years
User relationships
12,000

 
(3,240
)
 
8,760

 
5.1
years
Advertiser relationships
1,549

 
(1,549
)
 

 
0.0
years
Total
$
50,045

 
$
(17,434
)
 
$
32,611

 
 
 
Schedule of Future Amortization Expense
As of September 30, 2017, the estimated future amortization of purchased intangible assets for (i) the remaining three months of 2017, (ii) each of the succeeding four years, and (iii) thereafter is as follows (in thousands):
Year Ending December 31,
Amount
2017 (from October 1, 2017)
$
920

2018
3,534

2019
3,278

2020
2,402

2021
2,262

Thereafter
5,419

Total amortization
$
17,815