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Goodwill and Acquired Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2015
Goodwill And Intangible Assets Disclosure [Abstract]  
Components of Acquired Intangible Assets (Finite Lived)

The components of acquired intangible assets as of June 30, 2015 and December 31, 2014 were as follows:

 

 

June 30, 2015

 

 

December 31, 2014

 

 

 

Gross Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net Carrying

Value

 

 

Gross Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net Carrying

Value

 

 

 

(in thousands)

 

Developed technology

 

$

8,438

 

 

$

(4,174

)

 

$

4,264

 

 

$

5,143

 

 

$

(2,392

)

 

$

2,751

 

Customer and vendor relationships, databases

 

 

227,583

 

 

 

(36,985

)

 

 

190,598

 

 

 

191,979

 

 

 

(30,067

)

 

 

161,912

 

Trademarks

 

 

372

 

 

 

(89

)

 

 

283

 

 

 

 

 

 

 

 

 

 

Total amortizable intangible assets

 

 

236,393

 

 

 

(41,248

)

 

 

195,145

 

 

 

197,122

 

 

 

(32,459

)

 

 

164,663

 

Indefinite-lived trademarks

 

 

89,676

 

 

 

 

 

 

89,676

 

 

 

89,676

 

 

 

 

 

 

89,676

 

Total acquired intangible assets

 

$

326,069

 

 

$

(41,248

)

 

$

284,821

 

 

$

286,798

 

 

$

(32,459

)

 

$

254,339

 

 

The components of the acquired intangibles assets added during the six months ended June 30, 2015 were as follows:

 

 

Six Months Ended

June 30, 2015

 

 

Weighted-Average Amortization

Period

 

 

 

 

(in thousands)

 

 

 

(years)

 

Customer and vendor relationships

 

$

35,604

 

 

 

18.4

 

Developed technology

 

 

3,295

 

 

 

1.5

 

Trademarks

 

 

372

 

 

 

1.7

 

Total

 

$

39,271

 

 

 

 

 

 

Components of Acquired Intangible Assets (Infinite Lived)

The components of acquired intangible assets as of June 30, 2015 and December 31, 2014 were as follows:

 

 

June 30, 2015

 

 

December 31, 2014

 

 

 

Gross Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net Carrying

Value

 

 

Gross Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net Carrying

Value

 

 

 

(in thousands)

 

Developed technology

 

$

8,438

 

 

$

(4,174

)

 

$

4,264

 

 

$

5,143

 

 

$

(2,392

)

 

$

2,751

 

Customer and vendor relationships, databases

 

 

227,583

 

 

 

(36,985

)

 

 

190,598

 

 

 

191,979

 

 

 

(30,067

)

 

 

161,912

 

Trademarks

 

 

372

 

 

 

(89

)

 

 

283

 

 

 

 

 

 

 

 

 

 

Total amortizable intangible assets

 

 

236,393

 

 

 

(41,248

)

 

 

195,145

 

 

 

197,122

 

 

 

(32,459

)

 

 

164,663

 

Indefinite-lived trademarks

 

 

89,676

 

 

 

 

 

 

89,676

 

 

 

89,676

 

 

 

 

 

 

89,676

 

Total acquired intangible assets

 

$

326,069

 

 

$

(41,248

)

 

$

284,821

 

 

$

286,798

 

 

$

(32,459

)

 

$

254,339

 

 

The components of the acquired intangibles assets added during the six months ended June 30, 2015 were as follows:

 

 

Six Months Ended

June 30, 2015

 

 

Weighted-Average Amortization

Period

 

 

 

 

(in thousands)

 

 

 

(years)

 

Customer and vendor relationships

 

$

35,604

 

 

 

18.4

 

Developed technology

 

 

3,295

 

 

 

1.5

 

Trademarks

 

 

372

 

 

 

1.7

 

Total

 

$

39,271

 

 

 

 

 

 

Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill for the six months ended June 30, 2015 were as follows:

 

 

Goodwill

 

 

Accumulated Impairment Losses

 

 

Net Book Value

 

 

 

(in thousands)

 

Balance as of December 31, 2014

 

$

352,788

 

 

 

 

 

$

352,788

 

Acquisitions

 

 

34,778

 

 

 

 

 

 

34,778

 

Balance as of June 30, 2015

 

$

387,566

 

 

$

 

 

$

387,566

 

 

Estimated Future Amortization of Acquired Intangible Assets

Estimated future amortization expense of acquired intangible assets as of June 30, 2015 was as follows:

 

 

(in thousands)

 

The remainder of 2015

 

$

9,347

 

2016

 

 

16,461

 

2017

 

 

14,193

 

2018

 

 

14,022

 

2019

 

 

12,610

 

Thereafter

 

 

128,512

 

Total

 

$

195,145