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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill by Reportable Segment

The following table presents goodwill by reportable segment:

 

(in thousands)

 

Index

 

 

Analytics

 

 

All Other

 

 

Total

 

Goodwill at December 31, 2016

 

$

1,202,448

 

 

$

302,611

 

 

$

50,791

 

 

$

1,555,850

 

Foreign exchange translation adjustment

 

 

373

 

 

 

 

 

 

230

 

 

 

603

 

Goodwill at March 31, 2017

 

$

1,202,821

 

 

$

302,611

 

 

$

51,021

 

 

$

1,556,453

 

 

Schedule of Gross Carrying and Accumulated Amortization Amounts Related to Company's Identifiable Intangible Assets

The gross carrying and accumulated amortization amounts related to the Company’s identifiable intangible assets were as follows: 

 

 

 

As of

 

 

 

March 31,

 

 

December 31,

 

 

 

2017

 

 

2016

 

 

 

(in thousands)

 

Gross intangible assets:

 

 

 

 

 

 

 

 

Customer relationships

 

$

361,199

 

 

$

361,199

 

Trademarks/trade names

 

 

223,382

 

 

 

223,382

 

Technology/software

 

 

212,261

 

 

 

210,013

 

Proprietary data

 

 

28,627

 

 

 

28,627

 

Covenant not to compete

 

 

1,225

 

 

 

1,225

 

Subtotal

 

 

826,694

 

 

 

824,446

 

Foreign exchange translation adjustment

 

 

(13,311

)

 

 

(13,946

)

Total gross intangible assets

 

$

813,383

 

 

$

810,500

 

Accumulated amortization:

 

 

 

 

 

 

 

 

Customer relationships

 

$

(172,464

)

 

$

(166,923

)

Trademarks/trade names

 

 

(107,975

)

 

 

(105,077

)

Technology/software

 

 

(186,633

)

 

 

(184,290

)

Proprietary data

 

 

(8,999

)

 

 

(8,571

)

Covenant not to compete

 

 

(1,131

)

 

 

(1,089

)

Subtotal

 

 

(477,202

)

 

 

(465,950

)

Foreign exchange translation adjustment

 

 

2,926

 

 

 

3,090

 

Total accumulated amortization

 

$

(474,276

)

 

$

(462,860

)

Net intangible assets:

 

 

 

 

 

 

 

 

Customer relationships

 

$

188,735

 

 

$

194,276

 

Trademarks/trade names

 

 

115,407

 

 

 

118,305

 

Technology/software

 

 

25,628

 

 

 

25,723

 

Proprietary data

 

 

19,628

 

 

 

20,056

 

Covenant not to compete

 

 

94

 

 

 

136

 

Subtotal

 

 

349,492

 

 

 

358,496

 

Foreign exchange translation adjustment

 

 

(10,385

)

 

 

(10,856

)

Total net intangible assets

 

$

339,107

 

 

$

347,640

 

 

Estimated Amortization Expense for Remainder of 2017 and Succeeding Years

The following table presents the estimated amortization expense for the remainder of 2017 and succeeding years:

 

Years Ending December 31,

 

Amortization

Expense

 

 

 

(in thousands)

 

Remainder 2017

 

$

32,818

 

2018

 

 

42,074

 

2019

 

 

40,074

 

2020

 

 

37,889

 

2021

 

 

36,376

 

Thereafter

 

 

149,876

 

Total

 

$

339,107