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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets, Net  
Schedule of goodwill and intangible assets

 

                                                                                                                                                                                    

 

 

December 31, 2015

 

Weighted
Average
Remaining
Useful Life

 

December 31, 2014

 

Weighted
Average
Remaining
Useful Life

 

 

 

(in thousands)

 

(in years)

 

(in thousands)

 

(in years)

 

Developed technology

 

$

6,050

 

 

1.9

 

$

6,050

 

 

2.9

 

Domain names

 

 

950

 

 

2.8

 

 

950

 

 

3.6

 

Customer relationships

 

 

1,600

 

 

0.8

 

 

1,600

 

 

1.6

 

Non-compete agreements

 

 

580

 

 

2.0

 

 

580

 

 

3.0

 

Capitalized software development costs

 

 

3,980

 

 

1.2

 

 

2,042

 

 

1.2

 

​  

​  

​  

​  

 

 

 

13,160

 

 

 

 

 

11,222

 

 

 

 

Less accumulated amortization

 

 

(7,705

)

 

 

 

 

(4,146

)

 

 

 

​  

​  

​  

​  

Intangible assets, net

 

 

5,455

 

 

 

 

 

7,076

 

 

 

 

Goodwill

 

 

29,201

 

 

 

 

 

29,201

 

 

 

 

​  

​  

​  

​  

Goodwill and intangible assets, net

 

$

34,656

 

 

 

 

$

36,277

 

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of amortization expense

 

                                                                                                                                                                                    

 

 

Year Ended December 31,

 

 

 

2015

 

2014

 

2013

 

 

 

(in thousands)

 

Amortization expense

 

$

3,559 

 

$

2,256 

 

$

717 

 

 

Schedule of estimated future amortization based on the carrying amount of intangible assets

 

        Based on the carrying amount of intangible assets as of December 31, 2015, the estimated future amortization is as follows (in thousands):

                                                                                                                                                                                    

 

 

Year Ended December 31,

 

 

 

 

 

2016

 

2017

 

2018

 

2019

 

Total

 

Developed Technology

 

$

1,508 

 

$

1,407 

 

$

 

$

 

$

2,915 

 

Domain Names

 

 

180 

 

 

100 

 

 

100 

 

 

29 

 

 

409 

 

Customer Relationships

 

 

315 

 

 

 

 

 

 

 

 

315 

 

Non-compete Agreements

 

 

150 

 

 

144 

 

 

 

 

 

 

294 

 

Capitalized Software Development Costs

 

 

1,230 

 

 

292 

 

 

 

 

 

 

1,522 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

$

3,383 

 

$

1,943 

 

$

100 

 

$

29 

 

$

5,455 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​