XML 37 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Other Intangible Assets and Related Accumulated Amortization
Other intangible assets and related accumulated amortization consists of the following at December 31:
 
2017
 
2016
Gross carrying amount of acquisition intangibles:
 
 
 
Customer related intangibles
$
187,717

 
$
186,231

Acquired software
179,466

 
176,096

Trade names
11,435

 
11,065

Leases acquired
3,694

 
3,694

 
382,312

 
377,086

Accumulated amortization
(145,868
)
 
(109,827
)
Total intangibles, net
$
236,444

 
$
267,259

Summary of Allocation of Acquisition Intangible Assets
The allocation of acquisition intangible assets is summarized in the following table:
 
December 31, 2017
 
December 31, 2016
 
Gross
Carrying
Amount
 
Weighted
Average
Amortization
Period
 
Accumulated Amortization
 
Gross
Carrying
Amount
 
Weighted
Average
Amortization
Period
 
Accumulated Amortization
Non-amortizable intangibles:
 
 
 
 
 
 
 
 
 
 
 
Goodwill
$
657,987

 

 
$

 
$
650,237

 

 
$

Amortizable intangibles:
 
 
 
 
 
 
 
 
 
 
 
Customer related intangibles
187,717

 
15 years

 
64,375

 
186,231

 
15 years

 
51,491

Acquired software
179,466

 
7 years

 
76,800

 
176,096

 
7 years

 
55,115

Trade names
11,435

 
11 years

 
3,768

 
11,065

 
12 years

 
2,740

Leases acquired
3,694

 
10 years

 
925

 
3,694

 
9 years

 
481

Summary of Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the two years ended December 31, 2017 are as follows:
 
Enterprise
Software
 
Appraisal
 and Tax
 
Total
Balance as of 12/31/2015
$
647,109

 
$
6,557

 
$
653,666

Goodwill acquired with acquisitions
3,943

 

 
3,943

Purchase price adjustments related to purchase of NWS
(7,372
)
 

 
(7,372
)
Balance as of 12/31/2016
643,680

 
6,557

 
650,237

Goodwill acquired with acquisitions
7,750

 

 
7,750

Balance as of 12/31/2017
$
651,430

 
$
6,557

 
$
657,987

Summary of Estimated Annual Amortization Expense
Estimated annual amortization expense related to acquisition intangibles, including acquired software, for which the amortization expense is recorded as cost of revenues, is as follows:
2018
$
35,278

2019
33,920

2020
32,495

2021
32,136

2022
28,665