XML 24 R14.htm IDEA: XBRL DOCUMENT v3.8.0.1
OTHER INTANGIBLE ASSETS, NET
 9 Months Ended
Sep. 30, 2017
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
OTHER INTANGIBLE ASSETS, NET
OTHER INTANGIBLE ASSETS, NET
 
The following tables present the cumulative composition of the Corporation’s intangible assets:
 
 
September 30, 2017
 
December 31, 2016
(In thousands)
 
Gross
 
Accumulated Amortization
 
Net
 
Gross
 
Accumulated Amortization
 
Net
Technology
 
$
243,216

 
$
(110,441
)
 
$
132,775

 
$
166,859

 
$
(98,266
)
 
$
68,593

Customer related intangibles
 
366,910

 
(175,251
)
 
191,659

 
349,742

 
(157,154
)
 
192,588

Other intangible assets
 
40,613

 
(26,090
)
 
14,523

 
36,709

 
(26,429
)
 
10,280

Total
 
$
650,739

 
$
(311,782
)
 
$
338,957

 
$
553,310

 
$
(281,849
)
 
$
271,461

 
 
 
 
 
 
 
 
 
 
 
 
 

During the nine months ended September 30, 2017, the Corporation acquired intangible assets of $88.9 million. The Corporation acquired Technology of $73.0 million, Customer related intangibles of $12.9 million, and Other intangible assets of $3.0 million, which have a weighted average amortization period of 15.0 years, 16.3 years, and 7.0 years, respectively.

Total intangible amortization expense for the nine months ended September 30, 2017 was $28.8 million as compared to $24.9 million in the prior year period.  The estimated amortization expense for the five years ending December 31, 2017 through 2021 is $38.8 million, $37.7 million, $36.0 million, $34.1 million, and $32.3 million, respectively.