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Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2017
Intangible Assets  
Schedule of finite-lived intangible asset balances by major asset class

Intangible asset balances by major asset class for the periods presented were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

 

 

    

Weighted

 

 

 

Gross

 

 

 

 

Net

 

Average

 

 

 

Carrying

 

Accumulated

 

Carrying

 

Amortization

 

 

    

Amount

    

Amortization

    

Amount

    

Period

 

September 30, 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

653,531

 

$

180,721

 

$

472,810

 

13.5

years

 

Acquired software

 

 

88,710

 

 

57,897

 

 

30,813

 

6.1

years

 

Connolly trademark

 

 

4,200

 

 

 —

 

 

4,200

 

   indefinite-lived

 

Total

 

$

746,441

 

$

238,618

 

$

507,823

 

12.6

years

 

December 31, 2016:

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

640,052

 

$

144,768

 

$

495,284

 

13.7

years

 

Acquired software

 

 

82,400

 

 

48,579

 

 

33,821

 

6.2

years

 

Connolly trademark

 

 

4,200

 

 

 —

 

 

4,200

 

   indefinite-lived

 

Total

 

$

726,652

 

$

193,347

 

$

533,305

 

12.8

years

 

 

Schedule of indefinite-lived intangible asset balances by major asset class

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

 

 

    

Weighted

 

 

 

Gross

 

 

 

 

Net

 

Average

 

 

 

Carrying

 

Accumulated

 

Carrying

 

Amortization

 

 

    

Amount

    

Amortization

    

Amount

    

Period

 

September 30, 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

653,531

 

$

180,721

 

$

472,810

 

13.5

years

 

Acquired software

 

 

88,710

 

 

57,897

 

 

30,813

 

6.1

years

 

Connolly trademark

 

 

4,200

 

 

 —

 

 

4,200

 

   indefinite-lived

 

Total

 

$

746,441

 

$

238,618

 

$

507,823

 

12.6

years

 

December 31, 2016:

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

640,052

 

$

144,768

 

$

495,284

 

13.7

years

 

Acquired software

 

 

82,400

 

 

48,579

 

 

33,821

 

6.2

years

 

Connolly trademark

 

 

4,200

 

 

 —

 

 

4,200

 

   indefinite-lived

 

Total

 

$

726,652

 

$

193,347

 

$

533,305

 

12.8

years

 

 

Schedule of intangible asset amortization expense

 

 

 

 

 

Remainder of 2017

   

$

14,455

 

2018

 

 

57,822

 

2019

 

 

57,822

 

2020

 

 

57,822

 

2021

 

 

53,499