Intangible Assets and Goodwill (Tables)

6 Months Ended

Jun. 30, 2015

Intangible Assets and Goodwill

Schedule of components of intangible assets

The following table provides the components of the Company’s intangible assets, other than goodwill (in thousands):

	Initial
	Weighted	June 30, 2015						December 31, 2014
	Average	Initial		Accumulated		Net		Initial		Accumulated		Net
	Amortization	Cost		Amortization		Balance		Cost		Amortization		Balance
Franchise agreements	12.0	$	162,761	$	(94,039)	$	68,722	$	162,835	$	(87,330)	$	75,505
Other intangible assets:
Software (a)	4.4	$	9,252	$	(7,238)	$	2,014	$	8,356	$	(7,126)	$	1,230
Trademarks	14.6		2,949		(1,513)		1,436		2,919		(1,424)		1,495
Total other intangible assets	6.9	$	12,201	$	(8,751)	$	3,450	$	11,275	$	(8,550)	$	2,725

(a) As of June 30, 2015 and December 31, 2014, capitalized software development costs of $1,868,000 and $857,000, respectively, were recorded in “Other intangible assets” in the accompanying Condensed Consolidated Balance Sheets. As of these dates, the associated information technology infrastructure projects were not complete and ready for their intended use and thus were not subject to amortization.

Schedule of estimated future amortization of intangible assets, other than goodwill

The estimated future amortization of intangible assets, other than goodwill, is as follows (in thousands):

Year ending December 31:
Remainder of 2015	$	7,040
2016		14,179
2017		10,261
2018		6,645
2019		6,635
Thereafter		27,412
	$	72,172

Schedule of changes to goodwill

The following table presents changes to goodwill for the six months ended June 30, 2015 (in thousands):

Balance, January 1, 2015	$	72,463
Effect of changes in foreign currency exchange rates		(216)
Balance, June 30, 2015	$	72,247