| Summary of Significant Classes of Amortizable Intangible Assets |
The following tables provide a summary of our significant classes
of amortizable intangible assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
As of March 31, 2019 |
|
| |
|
|
|
|
Accumulated |
|
|
|
|
| |
|
Cost |
|
|
Amortization |
|
|
Net |
|
| |
|
(Dollars in
thousands) |
|
|
Customer lists and contracts
|
|
$ |
23,456 |
|
|
$ |
(20,896 |
) |
|
$ |
2,560 |
|
|
Domain and brand names
|
|
|
20,236 |
|
|
|
(16,434 |
) |
|
|
3,802 |
|
|
Favorable and assigned leases
|
|
|
2,188 |
|
|
|
(1,894 |
) |
|
|
294 |
|
|
Subscriber base and lists
|
|
|
9,570 |
|
|
|
(7,477 |
) |
|
|
2,093 |
|
|
Author relationships
|
|
|
2,771 |
|
|
|
(2,493 |
) |
|
|
278 |
|
|
Non-compete agreements
|
|
|
2,031 |
|
|
|
(1,679 |
) |
|
|
352 |
|
|
Other amortizable intangible assets
|
|
|
1,666 |
|
|
|
(1,406 |
) |
|
|
260 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
61,918 |
|
|
$ |
(52,279 |
) |
|
$ |
9,639 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
As of December 31,
2018 |
|
| |
|
|
|
|
Accumulated |
|
|
|
|
| |
|
Cost |
|
|
Amortization |
|
|
Net |
|
| |
|
(Dollars in
thousands) |
|
|
Customer lists and contracts
|
|
$ |
24,673 |
|
|
$ |
(21,798 |
) |
|
$ |
2,875 |
|
|
Domain and brand names
|
|
|
21,358 |
|
|
|
(16,758 |
) |
|
|
4,600 |
|
|
Favorable and assigned leases
|
|
|
2,256 |
|
|
|
(1,953 |
) |
|
|
303 |
|
|
Subscriber base and lists
|
|
|
9,672 |
|
|
|
(7,198 |
) |
|
|
2,474 |
|
|
Author relationships
|
|
|
2,771 |
|
|
|
(2,454 |
) |
|
|
317 |
|
|
Non-compete agreements
|
|
|
2,048 |
|
|
|
(1,641 |
) |
|
|
407 |
|
|
Other amortizable intangible assets
|
|
|
1,666 |
|
|
|
(1,378 |
) |
|
|
288 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
64,444 |
|
|
$ |
(53,180 |
) |
|
$ |
11,264 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amortizable Intangible Assets, Estimate Amortization Expense |
Based on the amortizable intangible assets as of March 31,
2019, we estimate amortization expense for the next five years to
be as follows:
|
|
|
|
|
|
Year Ended December 31,
|
|
Amortization Expense |
|
| |
(Dollars in
thousands) |
|
|
2019 (Apr – Dec)
|
|
$ |
3,250 |
|
|
2020
|
|
|
3,094 |
|
|
2021
|
|
|
1,614 |
|
|
2022
|
|
|
989 |
|
|
2023
|
|
|
479 |
|
|
Thereafter
|
|
|
213 |
|
|
|
|
|
|
|
Total
|
|
$ |
9,639 |
|
|
|
|
|
|
|