Annual report pursuant to Section 13 and 15(d)

AMORTIZABLE INTANGIBLE ASSETS

v3.8.0.1
AMORTIZABLE INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2017
Intangible Assets Disclosure [Abstract]  
AMORTIZABLE INTANGIBLE ASSETS
NOTE 10. AMORTIZABLE INTANGIBLE ASSETS
 
The following tables provide a summary of our significant classes of amortizable intangible assets:
 
 
 
As of December 31, 2017
 
 
 
 
 
 
Accumulated
 
 
 
 
 
 
Cost
 
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
 
 
 
 
As of December 31, 2016
 
 
 
 
 
 
Accumulated
 
 
 
 
 
 
Cost
 
Amortization
 
Net
 
 
 
(Dollars in thousands)
 
Customer lists and contracts
 
$
22,599
 
$
(20,070)
 
$
2,529
 
Domain and brand names
 
 
19,821
 
 
(12,970)
 
 
6,851
 
Favorable and assigned leases
 
 
2,379
 
 
(1,972)
 
 
407
 
Subscriber base and lists
 
 
7,972
 
 
(5,304)
 
 
2,668
 
Author relationships
 
 
2,771
 
 
(1,824)
 
 
947
 
Non-compete agreements
 
 
2,018
 
 
(1,012)
 
 
1,006
 
Other amortizable intangible assets
 
 
1,336
 
 
(1,336)
 
 
—
 
 
 
$
58,896
 
$
(44,488)
 
$
14,408
 
 
Amortization expense was approximately $4.6 million, $5.1 million and $5.3 million for the years ended December 31, 2017, 2016, and 2015, respectively. Based on the amortizable intangible assets as of December 31, 2017, we estimate amortization expense for the next five years to be as follows:
 
Year ended December 31,
 
Amortization Expense
 
 
 
(Dollars in thousands)
 
2018
 
$
4,576
 
2019
 
 
4,006
 
2020
 
 
2,714
 
2021
 
 
1,159
 
2022
 
 
435
 
Thereafter
 
 
214
 
Total
 
$
13,104