v2.4.0.8
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill and intangible assets, net
The balance of goodwill and intangible assets, net is as follows:
 
December 31,
 
2013
 
2012
 
(In thousands)
Goodwill
$
1,675,323

 
$
1,616,154

Intangible assets with indefinite lives
376,329

 
378,964

Intangible assets with definite lives, net
69,007

 
103,940

Total goodwill and intangible assets, net
$
2,120,659

 
$
2,099,058

Schedule of goodwill by reporting unit, including the changes in the carrying value
The following table presents the balance of goodwill by reporting unit, including the changes in the carrying value of goodwill, for the year ended December 31, 2013:
 
Balance at
December 31, 2012
 
Additions
 
(Deductions)
 
Transfers
 In/(Out)
 
Foreign
Exchange
Translation
 
Balance at
December 31, 2013
 
(In thousands)
Search & Applications
$
723,650

 
$

 
$
(160
)
 
$
14,572

 
$

 
$
738,062

The Match Group
718,736

 
62,464

 
(10,675
)
 

 
4,878

 
775,403

Media - Connected Ventures
8,267

 

 

 

 

 
8,267

eCommerce:
 
 
 
 
 
 
 
 
 
 
 
HomeAdvisor
111,658

 
5,317

 

 
14,373

 
524

 
131,872

CityGrid Media
32,124

 

 
(3,179
)
 
(28,945
)
 

 

Shoebuy
21,719

 

 

 

 

 
21,719

Total eCommerce
165,501

 
5,317

 
(3,179
)
 
(14,572
)
 
524

 
153,591

Total
$
1,616,154

 
$
67,781

 
$
(14,014
)
 
$

 
$
5,402

 
$
1,675,323

Additions primarily relate to the acquisition of Twoo. Deductions primarily relate to the establishment of a deferred tax asset at Tutor arising from pre-acquisition net operating losses. Transfers in/(out) relate to the reorganization of CityGrid Media in the third quarter of 2013.
The following table presents the balance of goodwill by reporting unit, including the changes in the carrying value of goodwill, for the year ended December 31, 2012:
 
Balance at
December 31, 2011
 
Additions
 
(Deductions)
 
Foreign
Exchange
Translation
 
Balance at
December 31, 2012
 
(In thousands)
Search & Applications
$
526,444

 
$
197,458

 
$
(252
)
 
$

 
$
723,650

The Match Group
674,396

 
50,728

 
(555
)
 
(5,833
)
 
718,736

Media - Connected Ventures
8,267

 

 

 

 
8,267

eCommerce:
 
 
 
 
 
 
 
 
 
HomeAdvisor
109,947

 
1,880

 

 
(169
)
 
111,658

CityGrid Media
17,751

 
14,373

 

 

 
32,124

Shoebuy
21,719

 

 

 

 
21,719

Total eCommerce
149,417

 
16,253

 

 
(169
)
 
165,501

Total
$
1,358,524

 
$
264,439

 
$
(807
)
 
$
(6,002
)
 
$
1,616,154

Schedule of intangible assets with definite lives
Intangible assets with indefinite lives are trade names and trademarks acquired in various acquisitions. At December 31, 2013, intangible assets with definite lives are as follows:
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
Weighted-Average
Useful Life
(Years)
 
(In thousands)
 
 
Content
$
47,800

 
$
(22,373
)
 
$
25,427

 
4.0
Technology
41,694

 
(25,324
)
 
16,370

 
2.9
Trade names
29,283

 
(16,427
)
 
12,856

 
3.0
Customer lists
22,584

 
(13,116
)
 
9,468

 
2.5
Advertiser and supplier relationships
10,956

 
(6,070
)
 
4,886

 
2.9
Total
$
152,317

 
$
(83,310
)
 
$
69,007

 
3.2
At December 31, 2012, intangible assets with definite lives are as follows:
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
Weighted-Average
Useful Life
 (Years)
 
(In thousands)
 
 
Content
$
47,800

 
$
(4,733
)
 
$
43,067

 
4.0
Technology
37,545

 
(11,663
)
 
25,882

 
2.9
Trade names
22,742

 
(7,044
)
 
15,698

 
3.6
Advertiser and supplier relationships
16,446

 
(7,676
)
 
8,770

 
4.4
Customer lists
11,800

 
(1,277
)
 
10,523

 
3.7
Total
$
136,333

 
$
(32,393
)
 
$
103,940

 
3.7
Schedule of expected amortization of intangible assets with definite-lives
At December 31, 2013, amortization of intangible assets with definite lives for each of the next five years and thereafter is estimated to be as follows:
Years Ending December 31,
(In thousands)
2014
$
38,238

2015
19,131

2016
8,141

2017
2,758

2018
498

Thereafter
241

Total
$
69,007