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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets  
Changes in goodwill by business line

The following is a summary of changes in the Company’s goodwill by business line for the years ended December 31, 2017 and 2016 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

Consumer

 

 

 

 

 

 

 

 

Services and

 

 

 

 

 

 

 

    

Plans

    

Retail

    

Consolidated

Balance as of January 1, 2016

 

$

49,944

 

$

62,996

 

$

112,940

Acquisitions

 

 

 —

 

 

40,165

 

 

40,165

Balance as of December 31, 2016

 

 

49,944

 

 

103,161

 

 

153,105

Acquisitions

 

 

 —

 

 

195,282

 

 

195,282

Balance as of December 31, 2017

 

$

49,944

 

$

298,443

 

$

348,387

 

Finite-lived intangible assets and related accumulated amortization

Finite‑lived intangible assets and related accumulated amortization consisted of the following at December 31, (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

 

Cost or

 

Accumulated

 

 

 

 

   

Fair Value

    

Amortization

    

Net

Trademarks and trade names

 

$

14,187

 

$

(312)

 

$

13,875

Membership and customer lists

 

 

28,988

 

 

(8,194)

 

 

20,794

Websites

 

 

4,174

 

 

(136)

 

 

4,038

 

 

$

47,349

 

$

(8,642)

 

$

38,707

 

 

 

 

 

 

 

 

 

 

 

 

2016

 

 

Cost or

 

Accumulated

 

 

 

 

   

Fair Value

    

Amortization

    

Net

Membership and customer lists

 

$

9,485

 

$

(6,099)

 

$

3,386

 

 

$

9,485

 

$

(6,099)

 

$

3,386

 

Schedule of amortization of finite lived intangibles assets

Amortization expense of finite-lived intangibles for the years ended December 31, 2017, 2016, and 2015 was $2.6 million, $1.0 million, and $0.8 million, respectively. The aggregate future five‑year amortization of finite‑lived intangibles at December 31, 2017, was as follows (in thousands):

 

 

 

 

 

2018

    

$

4,447

 

2019

 

 

4,366

 

2020

 

 

3,497

 

2021

 

 

3,076

 

2022

 

 

2,881

 

Thereafter

 

 

20,440

 

 

 

$

38,707