XML 33 R16.htm IDEA: XBRL DOCUMENT
v3.8.0.1

OTHER INTANGIBLE ASSETS, NET | 12 Months Ended
--- | ---
Dec. 31, 2017
Intangible Assets, Net (Excluding Goodwill) [Abstract] |
OTHER INTANGIBLE ASSETS, NET | 8. OTHER INTANGIBLE ASSETS, NET Intangible assets are generally the result of acquisitions and consist primarily of purchased technology, customer related intangibles, and trademarks. Intangible assets are amortized over useful lives that generally range between 1 and 20 years. The following tables present the cumulative composition of the Corporation’s intangible assets as of December 31, 2017 and December 31, 2016, respectively.
|  | 2017 |  | 2016
(In thousands) |  | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Technology |  | $ | 243,440 |  |  | $ | (114,036 | ) |  | $ | 129,404 |  |  | $ | 166,859 |  |  | $ | (98,266 | ) |  | $ | 68,593 |
Customer related intangibles |  | 367,230 |  |  | (180,580 | ) |  | 186,650 |  |  | 349,742 |  |  | (157,154 | ) |  | 192,588 |
Other intangible assets |  | 40,640 |  |  | (27,026 | ) |  | 13,614 |  |  | 36,709 |  |  | (26,429 | ) |  | 10,280 |
Total |  | $ | 651,310 |  |  | $ | (321,642 | ) |  | $ | 329,668 |  |  | $ | 553,310 |  |  | $ | (281,849 | ) |  | $ | 271,461 |
During the year ended December 31, 2017, the Corporation acquired intangible assets of $88.9 million which included Technology of $73.0 million, Customer-related intangibles of $12.9 million, and Other intangible assets of $3.0 million. The weighted average amortization periods for these aforementioned intangible assets are 15.0 years, 16.3 years, and 7.0 years, respectively. Amortization expense from continuing operations for the years ended December 31, 2017, 2016, and 2015 was $38.4 million, $33.4 million, and $34.8 million, respectively. The estimated future amortization expense of intangible assets over the next five years is as follows:
(In thousands) |  |
2018 |  | $ | 38,159 |
2019 |  | 36,405 |
2020 |  | 34,440 |
2021 |  | 32,644 |
2022 |  | 30,085 |

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_IntangibleAssetsNetExcludingGoodwillAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration