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Intangible Assets
9 Months Ended
Sep. 30, 2015
Intangible Assets [Abstract]  
Intangible Assets

3.  Intangible Assets

Intangible assets consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2015

 

December 31, 2014

 

 

Gross

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

carrying

 

Accumulated

 

 

 

 

carrying

 

Accumulated

 

 

 

 

 

amount

 

amortization

 

Net

 

amount

 

amortization

 

Net

Owned website names

    

$

14,939

    

$

(11,289)

    

$

3,650

 

$

16,581

 

$

(11,402)

 

$

5,179

Customer relationships

 

 

20,842

 

 

(19,197)

 

 

1,645

 

 

20,842

 

 

(18,258)

 

 

2,584

Technology

 

 

7,954

 

 

(7,929)

 

 

25

 

 

7,954

 

 

(7,915)

 

 

39

Non-compete agreements

 

 

207

 

 

(112)

 

 

95

 

 

207

 

 

(81)

 

 

126

Trade names

 

 

5,465

 

 

(2,389)

 

 

3,076

 

 

5,477

 

 

(2,151)

 

 

3,326

gTLDs

 

 

51,988

 

 

(4,102)

 

 

47,886

 

 

26,909

 

 

(1,047)

 

 

25,862

  Total

 

$

101,395

 

$

(45,018)

 

$

56,377

 

$

77,970

 

$

(40,854)

 

$

37,116

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended 

 

Nine months ended

 

 

September 30,

 

September 30,

 

 

2015

 

2014

 

2015

 

2014

Cost of revenue

    

$

2,113

    

$

1,498

    

$

6,034

    

$

4,221

Sales and marketing

 

 

293

 

 

323

 

 

939

 

 

924

Technology and development

 

 

4

 

 

5

 

 

14

 

 

14

General and administrative

 

 

89

 

 

105

 

 

269

 

 

371

Total amortization

 

$

2,499

 

$

1,931

 

$

7,256

 

$

5,530

Estimated future amortization expense related to intangible assets held as of September 30, 2015 (in thousands):

 

 

 

 

 

 

 

 

 

Years Ending December 31,

 

 

 

 

 

Amount

2015 (October 1, 2015, to December 31, 2015)

 

 

 

 

$

2,431

2016

 

 

 

 

 

8,091

2017

 

 

 

 

 

6,461

2018

 

 

 

 

 

6,343

2019

 

 

 

 

 

6,037

Thereafter

 

 

 

 

 

27,014

  Total

 

 

 

 

$

56,377