Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets

v2.4.1.9
Goodwill and Other Intangible Assets
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
Goodwill and Other Intangible Assets
The change in the carrying amount of goodwill is as follows:
 
 
 
(in thousands)
Balance at January 1, 2013
 
$
134,025

Goodwill acquired
 
18,211

Other
 
186

Balance at December 31, 2013
 
152,422

Goodwill acquired
 
40,341

Other
 
615

Balance at December 31, 2014
 
$
193,378


There was no impairment of goodwill indicated in 2014, 2013 or 2012.
Other intangible assets consisted of the following at December 31, 2014 and 2013:
 
 
 
December 31, 2014
 
December 31, 2013
 
Weighted Average Amortization
Period
 
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
(in thousands)
Finite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Developed technologies
3.2 years
 
$
55,212


$
(39,343
)

$
15,869

 
$
45,014

 
$
(29,952
)
 
$
15,062

Customer relationships
9.0 years
 
86,753


(44,264
)

42,489

 
85,823

 
(33,503
)
 
52,320

Vendor relationships
4.2 years
 
5,650


(5,273
)

377

 
5,650

 
(4,709
)
 
941

Total finite-lived intangible assets
6.7 years
 
147,615


(88,880
)

58,735

 
136,487

 
(68,164
)
 
68,323

Indefinite-lived intangible assets:
 
 





 
 
 
 
 
 
Trade names
 
 
41,350




41,350

 
40,492

 

 
40,492

Total intangible assets
 
 
$
188,965


$
(88,880
)

$
100,085

 
$
176,979

 
$
(68,164
)
 
$
108,815


During 2014, we recognized an impairment of the MyNewPlace trade name in the amount of $0.3 million. Other than this trade name, no impairment of other intangible assets was indicated in 2014. No impairment of other intangible assets was indicated in 2013 or 2012. We paid $1.1 million and $0.9 million to acquire domain names and other intangible assets. Amortization of finite-lived intangible assets was $20.7 million, $16.6 million and $18.3 million for the years ended December 31, 2014, 2013 and 2012, respectively.
As of December 31, 2014, the following table sets forth the estimated amortization of intangible assets for the years ending December 31:
 
(in thousands)
2015
$
18,296

2016
13,961

2017
8,236

2018
5,981

2019
5,095