XML 30 R15.htm IDEA: XBRL DOCUMENT
v3.10.0.1

GOODWILL AND OTHER INTANGIBLE ASSETS | 12 Months Ended
--- | ---
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS | 7. GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill The following table presents the changes in the carrying amount of goodwill:
(in thousands) | 2018 |  | 2017
Balance as of January 1, | $ | 72,952 |  |  | $ | 73,164 |
Purchase price adjustments to goodwill | — |  |  | (354 | )
Translation adjustments | (94 | ) |  | 142 |
Balance as of December 31, | $ | 72,858 |  |  | $ | 72,952 |
As discussed in "Note 8. Segment Information" the Company operates in one operating segment and has one reporting unit. Intangibles Intangible assets are recorded at cost and amortized using the straight-line method over their estimated useful lives as follows:
|  |  | December 31, 2018
(in thousands) | Useful Lives |  | Cost |  | Accumulated Amortization |  | Net Book Value (1)
Client-related intangibles | 4-10 years |  | $ | 63,115 |  |  | $ | (51,224 | ) |  | $ | 11,891 |
Technology | 2-10 years |  | 59,742 |  |  | (50,398 | ) |  | 9,344 |
Other | 1 - 5 years |  | 5,361 |  |  | (5,361 | ) |  | — |
|  |  | $ | 128,218 |  |  | $ | (106,983 | ) |  | $ | 21,235 |
(1) Included in other long-term assets.
|  |  | December 31, 2017
(in thousands) | Useful Lives |  | Cost |  | Accumulated Amortization |  | Net Book Value (1)
Client-related intangibles | 4-10 years |  | $ | 63,164 |  |  | $ | (44,835 | ) |  | $ | 18,329 |
Technology | 3-10 years |  | 58,942 |  |  | (45,372 | ) |  | 13,570 |
Other | 1 - 5 years |  | 5,361 |  |  | (5,361 | ) |  | — |
|  |  | $ | 127,467 |  |  | $ | (95,568 | ) |  | $ | 31,899 |
(1) Included in other long-term assets. Intangibles amortization was reflected in the Company’s consolidated statements of operations as follows:
(in thousands) | 2018 |  | 2017 |  | 2016
Cost of revenue | $ | 5,027 |  |  | $ | 5,103 |  |  | $ | 5,986 |
Selling and marketing | 6,416 |  |  | 7,235 |  |  | 7,145 |
General and administrative | — |  |  | — |  |  | 277 |
| $ | 11,443 |  |  | $ | 12,338 |  |  | $ | 13,408 |
Future estimated amortization expense related to intangible assets:
(in thousands) | December 31, 2018
2019 | $ | 5,946 |
2020 | 2,950 |
2021 | 2,627 |
2022 | 2,537 |
2023 and thereafter | 7,175 |
| $ | 21,235 |

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

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration