Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Identified Intangible Assets (Tables)

v3.4.0.3
Goodwill and Identified Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Change in Carrying Amount of Goodwill
Changes in the carrying amount of goodwill during the three months ended March 31, 2016 were as follows, in thousands:
Balance at December 31, 2015
$
220,097

Goodwill acquired
35,301

Balance at March 31, 2016
$
255,398

Other Intangible Assets
Identified intangible assets consisted of the following at March 31, 2016 and December 31, 2015:
 
Weighted Average Amortization Period
(in years)
 
March 31, 2016
 
December 31, 2015
 
 
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
 
(in thousands)
Finite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Developed technologies
3.8
 
$
72,128

 
$
(53,591
)
 
$
18,537

 
$
69,379

 
$
(50,509
)
 
$
18,870

Client relationships
9.2
 
109,423

 
(56,891
)
 
52,532

 
96,523

 
(54,695
)
 
41,828

Trade names
6.4
 
5,686

 
(672
)
 
5,014

 
5,149

 
(28
)
 
5,121

Total finite-lived intangible assets
7.1
 
187,237

 
(111,154
)
 
76,083

 
171,051

 
(105,232
)
 
65,819

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Trade names
 
 
15,640

 

 
15,640

 
15,461

 

 
15,461

Total identified intangible assets
 
 
$
202,877

 
$
(111,154
)
 
$
91,723

 
$
186,512

 
$
(105,232
)
 
$
81,280