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Intangible Assets
3 Months Ended
Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Intangible Assets
Indefinite-lived intangible assets are tested and reviewed annually for impairment during the fourth quarter or whenever there is a significant change in events or circumstances that indicate that the fair value of the asset may be less than the carrying amount of the asset. All other intangible assets with finite useful lives are being amortized on a straight-line basis over their estimated useful lives.
The following table sets forth the gross amount and accumulated amortization of the Company's intangible assets at March 31, 2015 and December 31, 2014:
 
March 31, 2015
 
 
December 31, 2014
In thousands
Gross Carrying Amount
 
Accumulated Amortization
 
Net
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Technology
$
63,726

 
$
(16,230
)
 
$
47,496

 
 
$
63,726

 
$
(14,902
)
 
$
48,824

Customer relationships
73,511

 
(13,844
)
 
59,667

 
 
76,242

 
(12,735
)
 
63,507

Loan acquisition costs
40,612

 
(16,101
)
 
24,511

 
 
40,612

 
(14,447
)
 
26,165

Other
7,219

 
(1,829
)
 
5,390

 
 
7,104

 
(1,601
)
 
5,503

Tradenames (indefinite-lived)
34,912

 

 
34,912

 
 
34,912

 

 
34,912

Total
$
219,980

 
$
(48,004
)
 
$
171,976

 
 
$
222,596

 
$
(43,685
)
 
$
178,911


As of March 31, 2015, the Company had recorded intangible assets of $172.0 million, which includes amounts associated with loan acquisition costs. These expenditures represent the cost of obtaining financings that are capitalized in the balance sheet and amortized over the term of the loans to which such costs relate.
The following table presents amortization of the Company's intangible assets for the following periods:
In thousands
Three Months
Ended
March 31,
2015
 
Three Months
Ended
March 29,
2014
Intangible assets
$
2,764

 
$
3,102

Loan acquisition costs
1,654

 
1,026

Total
$
4,418

 
$
4,128


Estimated amortization expense on existing intangible assets for each of the next five years is expected to approximate $15 million in 2015, $16 million in 2016, $16 million in 2017, $16 million in 2018 and $16 million in 2019.