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Goodwill and Acquired Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
Components of Acquired Intangible Assets (Finite Lived)

The components of acquired intangible assets as of September 30, 2016 and December 31, 2015 were as follows:

 

 

 

September 30, 2016

 

 

December 31, 2015

 

 

 

Gross Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net Carrying

Value

 

 

Gross Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net Carrying

Value

 

 

 

(in thousands)

 

Developed technology

 

$

10,640

 

 

$

(9,097

)

 

$

1,543

 

 

$

9,819

 

 

$

(6,288

)

 

$

3,531

 

Customer and vendor relationships, databases

 

 

282,751

 

 

 

(56,242

)

 

 

226,509

 

 

 

236,238

 

 

 

(44,192

)

 

 

192,046

 

Trademarks

 

 

969

 

 

 

(474

)

 

 

495

 

 

 

529

 

 

 

(215

)

 

 

314

 

Other

 

 

250

 

 

 

(42

)

 

 

208

 

 

 

 

 

 

 

 

 

 

Total amortizable intangible assets

 

 

294,610

 

 

 

(65,855

)

 

 

228,755

 

 

 

246,586

 

 

 

(50,695

)

 

 

195,891

 

Indefinite-lived trademarks

 

 

89,676

 

 

 

 

 

 

89,676

 

 

 

89,676

 

 

 

 

 

 

89,676

 

Total acquired intangible assets

 

$

384,286

 

 

$

(65,855

)

 

$

318,431

 

 

$

336,262

 

 

$

(50,695

)

 

$

285,567

 

 

Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill during the nine months ended September 30, 2016 were as follows: 

 

 

 

Goodwill

 

 

Accumulated Impairment Losses

 

 

Net Book Value

 

 

 

(in thousands)

 

Balance as of December 31, 2015

 

 

396,220

 

 

 

 

 

 

396,220

 

Acquisitions

 

 

40,789

 

 

 

 

 

 

40,789

 

Balance as of September 30, 2016

 

$

437,009

 

 

$

 

 

$

437,009

 

 

Components of Acquired Intangibles Assets Added During the Period (Finite Lived)

The components of the acquired intangibles assets added during the nine months ended September 30, 2016 were as follows:

 

 

 

Nine Months Ended

September 30, 2016

 

 

Weighted-Average

Amortization

Period

 

 

 

(in thousands)

 

 

(years)

 

Customer and vendor relationships

 

$

46,513

 

 

 

20.0

 

Developed technology

 

 

1,731

 

 

 

1.0

 

Trademarks

 

 

440

 

 

 

2.0

 

   Total

 

$

48,684

 

 

 

 

 

 

Estimated Future Amortization of Acquired Intangible Assets

Estimated future amortization expense of acquired intangible assets as of September 30, 2016 was as follows:

 

 

 

(in thousands)

 

The remainder of 2016

 

$

5,023

 

2017

 

 

18,021

 

2018

 

 

16,937

 

2019

 

 

15,389

 

2020

 

 

14,987

 

Thereafter

 

 

158,398

 

Total

 

$

228,755