Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.3.0.814
Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets  
Schedule of changes in the carrying amount of the Company's goodwill

 

 

 

 

 

Balance at December 31, 2014

    

$

104,976

 

Upside acquisition

 

 

1,589

 

Finance Logix acquisition

 

 

23,261

 

Castle Rock acquisition

 

 

4,988

 

Balance at September 30, 2015

 

$

134,814

 

 

Schedule of components of intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2015

 

December 31, 2014

 

 

    

 

 

 

    

    

Gross

    

    

 

    

Net

    

Gross

    

    

 

    

Net

 

 

 

 

 

 

 

 

Carrying

 

Accumulated

 

Carrying

 

Carrying

 

Accumulated

 

Carrying

 

 

 

Useful Life

 

Amount

 

Amortization

 

Amount

 

Amount

 

Amortization

 

Amount

 

Customer lists

 

4

-

12

years

 

$

80,939

 

$

(29,030)

 

$

51,909

 

$

68,603

 

$

(21,699)

 

$

46,904

 

Proprietary technologies

 

2.5

-

8

years

 

 

19,848

 

 

(8,165)

 

 

11,683

 

 

15,678

 

 

(5,808)

 

 

9,870

 

Trade names

 

2

-

5

years

 

 

3,330

 

 

(1,723)

 

 

1,607

 

 

3,090

 

 

(1,210)

 

 

1,880

 

Total intangible assets

 

 

 

 

 

 

$

104,117

 

$

(38,918)

 

$

65,199

 

$

87,371

 

$

(28,717)

 

$

58,654

 

 

Schedule of amortization expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

 

    

2015

    

2014

    

2015

    

2014

 

Amortization expense

 

$

3,508

 

$

2,288

 

$

10,201

 

$

7,286