XML 55 R39.htm IDEA: XBRL DOCUMENT v3.8.0.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Acquired Finite-Lived Intangible Assets [Line Items]  
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]
The following table presents the economic lives, acquisition date values, accumulated amortization and net carrying values for other intangible assets and goodwill, by company:
$ in millions
 
Weighted Average Economic
 life
(in years)
 
December 31, 2017
 
December 31, 2016
 
Acquisition date fair value
 
Accumulated amortization
 
Net carrying value
 
Acquisition date fair value
 
Accumulated amortization
 
Net carrying value
Goodwill:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
MediaAlpha
 
N/A
 
$
18.3

 
$

 
$
18.3

 
$
18.3

 
$

 
$
18.3

Buzzmove
 
N/A
 
7.6

 

 
7.6

 
7.6

 

 
7.6

Total goodwill
 
 
 
25.9

 

 
25.9

 
25.9

 

 
25.9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
MediaAlpha
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Customer relationships
 
8
 
36.6

 
10.2

 
26.4

 
10.0

 
6.2

 
3.8

   Information technology
 
5
 
33.3

 
24.3

 
9.0

 
32.4

 
17.9

 
14.5

      Subtotal
 
 
 
69.9

 
34.5

 
35.4

 
42.4

 
24.1

 
18.3

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Buzzmove
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Trademark
 
7
 
.6

 
.1

 
.5

 
.6

 
.1

 
.5

   Information technology
 
5
 
.5

 
.2

 
.3

 
.5

 

 
.5

       Subtotal
 
 
 
1.1

 
.3

 
.8

 
1.1

 
.1

 
1.0

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total other intangible assets
 
71.0

 
34.8

 
36.2

 
43.5

 
24.2

 
19.3

Total goodwill and other
   intangible assets 
 
$
96.9

 
$
34.8

 
$
62.1

 
$
69.4

 
$
24.2

 
$
45.2

Schedule of Intangible Assets and Goodwill
The following table presents goodwill and other intangible assets as of December 31, 2017 and December 31, 2016:
Millions
 
December 31,
2017
 
December 31,
2016
 
Goodwill:
 
 
 
 
 
MediaAlpha
 
$
18.3

 
$
18.3

 
Buzzmove
 
7.6

 
7.6

 
Total goodwill
 
25.9

 
25.9

 
 
 
 
 
 
 
Other intangible assets:
 
 
 
 
 
MediaAlpha
 
35.4

 
18.3

 
Buzzmove
 
.8

 
1.0

 
Total other intangible assets
 
36.2

 
19.3

 
Total goodwill and other intangible assets
 
62.1

 
45.2

 
Goodwill and other intangible assets held for sale
 

 
1.2

 
Goodwill and other intangible assets attributed to non-controlling interests
 
(21.1
)
 
(17.1
)
 
Goodwill and other intangible assets included in White Mountains’s
common shareholders' equity
 
$
41.0

 
$
29.3

 
Schedule of Goodwill and Intangible Assets Rollforward
The following table presents the change in goodwill and other intangible assets:
 
 
December 31,
 
 
2017
 
2016
Millions
 
Goodwill
 
Other intangible assets
 
Goodwill
 
Other intangible assets
Beginning balance
 
$
25.9

 
$
19.3

 
$
18.6

 
$
26.9

Add: Star & Shield amounts held for sale at beginning of the period (1)
 

 

 

 
.4

Acquisitions of businesses and asset groups (2)
 

 
27.6

 
7.6

 
5.0

Wobi write-off
 

 

 
(.3
)
 
(2.5
)
Amortization, including foreign currency translation
 

 
(10.7
)
 

 
(10.5
)
Ending balance
 
$
25.9

 
$
36.2

 
$
25.9

 
$
19.3

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
White Mountains expects to recognize amortization expense in each of the next five years as the following table presents:
Millions
 
Amortization expense
2018
 
$
10.2

2019
 
5.0

2020
 
3.2

2021
 
2.9

2022
 
2.8

Total
 
$
24.1