XML 42 R28.htm IDEA: XBRL DOCUMENT v3.8.0.1
Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
The following is a summary of intangible assets excluding goodwill recorded as other assets:
 
 
March 31, 2018
 
December 31, 2017
Intangible assets subject to amortization
 
$
31,890

 
$
41,715

Indefinite-lived intangible assets(1)
 
3,556

 
3,556

Total
 
$
35,446

 
$
45,271

(1) Indefinite-lived intangible assets are comprised of state insurance and agent licenses, as well as perpetual software licenses.
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
Intangible assets subject to amortization consisted of the following:
 
 
Weighted-average remaining amortization period (in years)
 
Gross carrying amount
 
Accumulated amortization
 
Net carrying amount
March 31, 2018
 
 
 
 
 
 
 
 
Value of business acquired
 
 
$
42,788

 
$
(42,788
)
 
$

Agency agreements acquired
 
7.8
 
34,661

 
(7,793
)
 
26,868

Trade names acquired
 
5.8
 
6,381

 
(1,359
)
 
5,022

Total
 
 
 
$
83,830

 
$
(51,940
)
 
$
31,890

 
 
 
 
 
 
 
 
 
December 31, 2017
 
 
 
 
 
 
 
 
Value of business acquired
 
0.3
 
$
42,788

 
$
(34,335
)
 
$
8,453

Agency agreements acquired
 
8.0
 
34,661

 
(6,669
)
 
27,992

Trade names acquired
 
6.0
 
6,381

 
(1,111
)
 
5,270

Total
 
 
 
$
83,830

 
$
(42,115
)
 
$
41,715

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated amortization expense of our intangible assets to be recognized by the Company over the next five years is as follows:
Year ending December 31,
 
Estimated Amortization Expense
Remaining 2018
 
$
4,095

2019
 
5,355

2020
 
4,267

2021
 
3,555

2022
 
3,246

2023
 
3,246