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Intangible Assets
6 Months Ended
Jun. 30, 2014
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets

4.  Intangible Assets

Intangible assets consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2014

 

 

Gross

 

 

 

 

 

 

 

 

carrying

 

Accumulated

 

 

 

 

 

amount

 

amortization

 

Net

Owned website names

    

$

17,565 

    

$

(11,278)

    

$

6,287 

Customer relationships

 

 

20,976 

 

 

(17,743)

 

 

3,233 

Technology

 

 

7,990 

 

 

(7,905)

 

 

85 

Non-compete agreements

 

 

207 

 

 

(60)

 

 

147 

Trade names

 

 

5,468 

 

 

(1,992)

 

 

3,476 

gTLDs

 

 

9,144 

 

 

(223)

 

 

8,921 

 

 

$

61,350 

 

$

(39,201)

 

$

22,149 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2013

 

 

Gross

 

 

 

 

 

 

 

 

carrying

 

Accumulated

 

 

 

 

 

amount

 

amortization

 

Net

Owned website names

    

$

18,580 

    

$

(11,534)

    

$

7,046 

Customer relationships

 

 

20,976 

 

 

(17,119)

 

 

3,857 

Technology

 

 

7,990 

 

 

(7,896)

 

 

94 

Non-compete agreements

 

 

207 

 

 

(42)

 

 

165 

Trade names

 

 

5,468 

 

 

(1,743)

 

 

3,725 

gTLDs

 

 

381 

 

 

 -

 

 

381 

 

 

$

53,602 

 

$

(38,334)

 

$

15,268 

 

Identifiable finite‑lived intangible assets are amortized on a straight‑line basis over their estimated useful lives commencing on the date that the asset is available for its intended use.

Amortization expense by classification is shown below (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended 

 

Six months ended

 

 

June 30,

 

June 30,

 

 

2014

 

2013

 

2014

 

2013

Service costs

    

$

1,379 

    

$

1,350 

    

$

2,723 

    

$

2,618 

Sales and marketing

 

 

323 

 

 

768 

 

 

601 

 

 

1,456 

Product development

 

 

4 

 

 

5 

 

 

9 

 

 

9 

General and administrative

 

 

202 

 

 

68 

 

 

266 

 

 

133 

Total amortization

 

$

1,908 

 

$

2,191 

 

$

3,599 

 

$

4,216