Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.5.0.2
Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of changes in the carrying amount of goodwill The changes in the carrying amount of goodwill for the nine months ended September 30, 2016, are as follows:

 
Goodwill
 
(in thousands)
Balance as of December 31, 2015
$
303,875

Goodwill resulting from business combination and purchase price adjustments
2,831

Balance as of September 30, 2016
$
306,706

Summary of gross carrying amounts and accumulated amortization of intangible assets - finite lived The following summarizes information regarding the gross carrying amounts and accumulated amortization of intangible assets.
 
 
As of December 31, 2015
 
As of September 30, 2016
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
 
 
(in thousands)
 
(in thousands)
Finite-lived intangible assets
 
 
 
 
 
 
 
 
 
 
 
 
Patents
 
$
8,030

 
$
(1,824
)
 
$
6,206

 
$
8,030

 
$
(2,373
)
 
$
5,657

Developed technology
 
56,050

 
(1,265
)
 
54,785

 
56,165

 
(10,515
)
 
45,650

Customer relationships - clients
 
37,300

 
(777
)
 
36,523

 
37,399

 
(4,309
)
 
33,090

Customer relationships - users
 
1,940

 
(318
)
 
1,622

 
1,940

 
(1,046
)
 
894

Trade names
 
11,720

 
(304
)
 
11,416

 
11,735

 
(1,654
)
 
10,081

Total finite-lived intangible assets
 
$
115,040

 
$
(4,488
)
 
$
110,552

 
$
115,269

 
$
(19,897
)
 
$
95,372

 
 
 
 
 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets
 
 
 
 
 
 
 
 
 
 
 
 
FCC license - Broadcast Radio
 
$
193

 
$

 
$
193

 
$
193

 
$

 
$
193

 
 
 
 
 
 
 
 
 
 
 
 
 
Total intangible assets
 
$
115,233

 
$
(4,488
)
 
$
110,745

 
$
115,462

 
$
(19,897
)
 
$
95,565

Summary of gross carrying amounts of intangible assets - indefinite lived The following summarizes information regarding the gross carrying amounts and accumulated amortization of intangible assets.
 
 
As of December 31, 2015
 
As of September 30, 2016
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Value
 
 
(in thousands)
 
(in thousands)
Finite-lived intangible assets
 
 
 
 
 
 
 
 
 
 
 
 
Patents
 
$
8,030

 
$
(1,824
)
 
$
6,206

 
$
8,030

 
$
(2,373
)
 
$
5,657

Developed technology
 
56,050

 
(1,265
)
 
54,785

 
56,165

 
(10,515
)
 
45,650

Customer relationships - clients
 
37,300

 
(777
)
 
36,523

 
37,399

 
(4,309
)
 
33,090

Customer relationships - users
 
1,940

 
(318
)
 
1,622

 
1,940

 
(1,046
)
 
894

Trade names
 
11,720

 
(304
)
 
11,416

 
11,735

 
(1,654
)
 
10,081

Total finite-lived intangible assets
 
$
115,040

 
$
(4,488
)
 
$
110,552

 
$
115,269

 
$
(19,897
)
 
$
95,372

 
 
 
 
 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets
 
 
 
 
 
 
 
 
 
 
 
 
FCC license - Broadcast Radio
 
$
193

 
$

 
$
193

 
$
193

 
$

 
$
193

 
 
 
 
 
 
 
 
 
 
 
 
 
Total intangible assets
 
$
115,233

 
$
(4,488
)
 
$
110,745

 
$
115,462

 
$
(19,897
)
 
$
95,565

Schedule of future amortization expense related to finite-lived intangible assets The following is a schedule of future amortization expense related to finite-lived intangible assets as of September 30, 2016.

 
As of 
 September 30, 
 2016
 
(in thousands)
Remainder of 2016
$
5,138

2017
20,116

2018
17,654

2019
17,129

2020
15,896

Thereafter
19,439

Total future amortization expense
$
95,372