| 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 September 30, 2015 |
|
| |
|
|
|
|
Accumulated |
|
|
|
|
|
|
Cost |
|
|
Amortization |
|
|
Net |
|
|
|
(Dollars in thousands) |
|
| Customer lists and contracts |
|
$ |
19,939 |
|
|
$ |
(18,387 |
) |
|
$ |
1,552 |
|
| Domain and brand names |
|
|
16,555 |
|
|
|
(10,823 |
) |
|
|
5,732 |
|
| Favorable and assigned leases |
|
|
2,379 |
|
|
|
(1,864 |
) |
|
|
515 |
|
| Subscriber base and lists |
|
|
7,313 |
|
|
|
(3,453 |
) |
|
|
3,860 |
|
| Author relationships |
|
|
2,245 |
|
|
|
(1,487 |
) |
|
|
758 |
|
| Non-compete agreements |
|
|
1,034 |
|
|
|
(753 |
) |
|
|
281 |
|
| Other amortizable intangible assets |
|
|
1,336 |
|
|
|
(1,336 |
) |
|
|
|
|
| |
|
$ |
50,801 |
|
|
$ |
(38,103 |
) |
|
$ |
12,698 |
|
|
|
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 September 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 (Oct Dec) |
|
$ |
1,347 |
|
| 2016 |
|
|
3,818 |
|
| 2017 |
|
|
2,414 |
|
| 2018 |
|
|
2,171 |
|
| 2019 |
|
|
1,742 |
|
| Thereafter |
|
|
1,206 |
|
| Total |
|
$ |
12,698 |
|
|