Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

5. Goodwill and Intangible Assets

Goodwill

The change in the carrying amounts of indefinite-lived goodwill was as follows (in thousands):

	Commercial Segment
Balance at December 31, 2014	$	25,510
Goodwill from En Pointe acquisition		40,634
Balance at June 30, 2015	$	66,144

Intangible Assets

The following table sets forth the amounts recorded for intangible assets as of the periods presented (in thousands):

	Weighted Average Estimated		At June 30, 2015							At December 31, 2014
	Useful Lives (years)		Gross Amount			Accumulated Amortization		Net Amount		Gross Amount			Accumulated Amortization		Net Amount
Patent, trademarks, trade names & URLs		4	$	5,300	(1)	$	219	$	5,081	$	3,593	(1)	$	307	$	3,286
Customer relationships		16		6,850			1,345		5,505		2,550			1,163		1,387
Non-compete agreements		4		1,860			116		1,744		—			—		—
Total intangible assets			$	14,010		$	1,680	$	12,330	$	6,143		$	1,470	$	4,673

(1) Includes $2.9 million of trademarks with indefinite useful lives that are not amortized.

Amortization expense for intangible assets was approximately $0.4 million and $0.1 million for the three months ended June 30, 2015 and 2014, respectively, and $0.5 million and $0.2 million for the six months ended June 30, 2015 and 2014, respectively. Estimated amortization expense for intangible assets in each of the next five years and thereafter is as follows: $0.8 million in the remainder of 2015, $1.7 million in 2016, $1.7 million in 2017, $1.2 million in 2018, $0.6 million in 2019 and $3.5 million thereafter.