| AMORTIZABLE INTANGIBLE ASSETS |
NOTE 11. AMORTIZABLE INTANGIBLE ASSETS
The following tables provide details, by major category, of the significant classes of amortizable intangible assets:
|
|
As of June 30, 2015 |
|
| |
|
|
|
|
Accumulated
|
|
|
|
|
|
|
Cost |
|
|
Amortization |
|
|
Net |
|
|
|
(Dollars in thousands) |
|
| Customer lists and contracts |
|
$ |
19,925 |
|
|
$ |
(17,824 |
) |
|
$ |
2,101 |
|
| Domain and brand names |
|
|
15,871 |
|
|
|
(10,458 |
) |
|
|
5,413 |
|
| Favorable and assigned leases |
|
|
2,379 |
|
|
|
(1,842 |
) |
|
|
537 |
|
| Subscriber base and lists |
|
|
5,424 |
|
|
|
(3,142 |
) |
|
|
2,282 |
|
| Author relationships |
|
|
2,245 |
|
|
|
(1,451 |
) |
|
|
794 |
|
| Non-compete agreements |
|
|
937 |
|
|
|
(721 |
) |
|
|
216 |
|
| Other amortizable intangible assets |
|
|
1,336 |
|
|
|
(1,336 |
) |
|
|
|
|
| |
|
$ |
48,117 |
|
|
$ |
(36,774 |
) |
|
$ |
11,343 |
|
|
|
As of December 31, 2014 |
|
| |
|
|
|
|
Accumulated
|
|
|
|
|
|
|
Cost |
|
|
Amortization |
|
|
Net |
|
|
|
(Dollars in thousands) |
|
| Customer lists and contracts |
|
$ |
19,910 |
|
|
$ |
(16,558 |
) |
|
$ |
3,352 |
|
| Domain and brand names |
|
|
15,465 |
|
|
|
(9,722 |
) |
|
|
5,743 |
|
| Favorable and assigned leases |
|
|
2,379 |
|
|
|
(1,795 |
) |
|
|
584 |
|
| Subscriber base and lists |
|
|
4,302 |
|
|
|
(2,671 |
) |
|
|
1,631 |
|
| Author relationships |
|
|
2,245 |
|
|
|
(1,379 |
) |
|
|
866 |
|
| Non-compete agreements |
|
|
888 |
|
|
|
(669 |
) |
|
|
219 |
|
| Other amortizable intangible assets |
|
|
1,336 |
|
|
|
(1,336 |
) |
|
|
|
|
| |
|
$ |
46,525 |
|
|
$ |
(34,130 |
) |
|
$ |
12,395 |
|
Based on the amortizable intangible assets as of June 30 2015, we estimate amortization expense for the next five years to be as follows:
| Year Ending December 31, |
|
Amortization Expense |
|
|
|
(Dollars in thousands) |
|
| 2015 (July Dec) |
|
$ |
2,463 |
|
| 2016 |
|
|
3,266 |
|
| 2017 |
|
|
1,862 |
|
| 2018 |
|
|
1,632 |
|
| 2019 |
|
|
1,228 |
|
| Thereafter |
|
|
892 |
|
| Total |
|
$ |
11,343 |
|
|