| Summary of Significant Classes of Amortizable Intangible Assets |
The following tables provide a summary of our significant classes
of amortizable intangible assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
September 30, 2018 |
|
| |
|
|
|
|
Accumulated |
|
|
|
|
| |
|
Cost |
|
|
Amortization |
|
|
Net |
|
| |
|
(Dollars in
thousands) |
|
|
Customer lists and contracts
|
|
$ |
24,673 |
|
|
$ |
(21,498 |
) |
|
$ |
3,175 |
|
|
Domain and brand names
|
|
|
21,358 |
|
|
|
(16,218 |
) |
|
|
5,140 |
|
|
Favorable and assigned leases
|
|
|
2,256 |
|
|
|
(1,944 |
) |
|
|
312 |
|
|
Subscriber base and lists
|
|
|
9,672 |
|
|
|
(6,548 |
) |
|
|
3,124 |
|
|
Author relationships
|
|
|
2,771 |
|
|
|
(2,416 |
) |
|
|
355 |
|
|
Non-compete agreements
|
|
|
2,048 |
|
|
|
(1,571 |
) |
|
|
477 |
|
|
Other amortizable intangible assets
|
|
|
1,666 |
|
|
|
(1,350 |
) |
|
|
316 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
64,444 |
|
|
$ |
(51,545 |
) |
|
$ |
12,899 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
December 31, 2017 |
|
| |
|
Cost |
|
|
Accumulated
Amortization |
|
|
Net |
|
| |
|
(Dollars in
thousands) |
|
|
Customer lists and contracts
|
|
$ |
22,865 |
|
|
$ |
(20,888 |
) |
|
$ |
1,977 |
|
|
Domain and brand names
|
|
|
20,109 |
|
|
|
(14,650 |
) |
|
|
5,459 |
|
|
Favorable and assigned leases
|
|
|
2,379 |
|
|
|
(2,028 |
) |
|
|
351 |
|
|
Subscriber base and lists
|
|
|
8,797 |
|
|
|
(4,701 |
) |
|
|
4,096 |
|
|
Author relationships
|
|
|
2,771 |
|
|
|
(2,237 |
) |
|
|
534 |
|
|
Non-compete agreements
|
|
|
2,029 |
|
|
|
(1,342 |
) |
|
|
687 |
|
|
Other amortizable intangible assets
|
|
|
1,333 |
|
|
|
(1,333 |
) |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
60,283 |
|
|
$ |
(47,179 |
) |
|
$ |
13,104 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amortizable Intangible Assets, Estimate Amortization Expense |
Based on the amortizable intangible assets as of September 30,
2018, we estimate amortization expense for the next five years to
be as follows:
|
|
|
|
|
|
Year Ended December 31,
|
|
Amortization Expense |
|
| |
|
(Dollars in
thousands) |
|
|
2018 (Oct – Dec)
|
|
$ |
1,635 |
|
|
2019
|
|
|
4,699 |
|
|
2020
|
|
|
3,275 |
|
|
2021
|
|
|
1,654 |
|
|
2022
|
|
|
969 |
|
|
Thereafter
|
|
|
667 |
|
|
|
|
|
|
|
Total
|
|
$ |
12,899 |
|
|
|
|
|
|
|