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Contract Acquisition Costs, Net (Tables) - Contract Acquisition Costs
12 Months Ended
Dec. 31, 2016
Significant Components of Contract Acquisition Costs, Net of Accumulated Amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

2016

 

2015

 

Conversion costs, net of accumulated amortization of $164.4 million and $150.0 million as of 2016 and 2015, respectively

 

$

144,173

 

159,000

 

Payments for processing rights, net of accumulated amortization of $145.3 million and $137.9 million as of 2016 and 2015, respectively

 

 

91,527

 

88,811

 

Total

 

$

235,700

 

247,811

 

 

 

 

 

 

 

 

 

Amortization Expense

 

 

 

 

 

 

 

 

 

(in thousands)

    

2016

    

2015

    

2014

 

Amortization expense related to:

 

 

 

 

 

 

 

 

Conversion costs

 

$

28,811

 

27,392

 

17,816

 

Payments for processing rights

 

 

19,804

 

17,039

 

16,209

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Useful Life

 

 

 

 

 

    

Weighted Average Amortization Period (Yrs)

 

Conversion costs

 

12.9

 

Payments for processing rights

 

15.6

 

Total

 

14.1

 

 

 

 

 

 

Estimated Future Amortization Expense

 

 

 

 

 

 

 

(in thousands)

    

Conversion Costs

    

Payments for
Processing Rights

 

2017

 

$

32,830

 

19,487

 

2018

 

 

29,727

 

18,084

 

2019

 

 

24,480

 

15,220

 

2020

 

 

20,037

 

12,955

 

2021

 

 

18,197

 

10,704