Goodwill and Intangible Assets, Net

9 Months Ended

Sep. 30, 2013

Goodwill And Intangible Assets Disclosure [Abstract]

NOTE 7: GOODWILL AND INTANGIBLE ASSETS, NET

The change in goodwill for the nine months ended September 30, 2013 consists of the following (in thousands):


	Total
Balance at December 31, 2012	$	471,684

Additions (1)		34,137
Purchase price allocation adjustments (2)		(5,391	)
Foreign exchange translation adjustments		256


Balance at September 30, 2013	$	500,686

(1)	The additions to goodwill relate to our business acquisitions. See “Note 6—Acquisitions,” above for further information.

(2)	Purchase price allocation adjustments related to our 2012 and 2013 acquisitions, primarily related to tax related adjustments for acquired net operating loss, carryforwards or NOL’s.

Intangible assets, which were acquired in business combinations and recorded at fair value on the date of purchase, consist of the following (in thousands):


	September 30, 2013			December 31, 2012

Intangible assets with definite lives	$	33,707		$	21,382
Less: accumulated amortization		(13,000	)		(13,492	)


Intangible assets with definite lives, net		20,707			7,890
Intangible assets with indefinite lives		30,300			30,300


	$	51,007		$	38,190

The following table presents the components of our intangible assets with definite lives:


			September 30, 2013							December 31, 2012
	Weighted Average Remaining Life (in years)		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
			(In thousands)							(In thousands)
Trade names and trademarks		8.1	$	17,232	$	(6,824	)	$	10,408	$	14,431	$	(9,029	)	$	5,402
Subscriber relationships		6.2		13,682		(5,124	)		8,558		5,617		(3,511	)		2,106
Technology and other		3.1		2,793		(1,052	)		1,741		1,334		(952	)		382


Total		6.9	$	33,707	$	(13,000	)	$	20,707	$	21,382	$	(13,492	)	$	7,890

Intangible assets with definite lives are amortized on a straight-line basis. The estimated amortization expense for intangible assets with definite lives for the remainder of 2013, the annual expense for the next five years, and the expense thereafter, assuming no subsequent impairment of the underlying assets, is expected to be as follows (in thousands):


2013 (remaining three months)	$	1,462
2014		4,631
2015		2,713
2016		2,213
2017		2,052
2018		2,052
2019 and thereafter		5,584


Total	$	20,707

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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