XML 56 R42.htm IDEA: XBRL DOCUMENT v3.3.1.900
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The balance of goodwill, all of which is within the Empower Retirement (formerly known as “Retirement Services”) segment, is as follows:

 
 
Goodwill
 
 
2015
 
2014
Balances, January 1
 
$
137,683

 
$
105,255

Acquisitions (1)
 

 
32,428

Balances, December 31
 
$
137,683

 
$
137,683


(1) During 2014, the Company acquired goodwill of $32,428 from the acquisition of RPS. See Note 2 for additional discussion regarding the acquisition.
Schedule of other intangible assets
The following tables summarize other intangible assets, all of which are within the Empower Retirement segment:
 
 
 
December 31, 2015
 
 
Gross carrying
 
Accumulated
 
 
 
 
amount
 
amortization
 
Net book value
Customer relationships
 
$
47,580

 
$
(24,251
)
 
$
23,329

Non-competition
 
1,325

 
(835
)
 
490

Total
 
$
48,905

 
$
(25,086
)
 
$
23,819

 
 
 
December 31, 2014
 
 
Gross carrying
 
Accumulated
 
 
 
 
amount
 
amortization
 
Net book value
Customer relationships (1)
 
$
51,280

 
$
(24,481
)
 
$
26,799

Non-competition (1)
 
1,325

 
(209
)
 
1,116

Total
 
$
52,605

 
$
(24,690
)
 
$
27,915


(1) During 2014, the Company acquired $14,966 and $1,325 of customer relationship and non-competition intangible assets, respectively, from the acquisition of RPS. See Note 2 for additional discussion regarding the acquisition.