XML 31 R15.htm IDEA: XBRL DOCUMENT
v3.19.3

Goodwill and Intangible Assets | 9 Months Ended
--- | ---
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | 7. Goodwill and Intangible Assets The changes in the carrying value of Goodwill for the nine months ended September 30, 2019 were as follows:
| Goodwill |  | Accumulated Impairment Losses |  | Total
Balance as of December 31, 2018 | $ | 221.7 |  |  | $ | (39.0 | ) |  | $ | 182.7 |
Additions | 11.1 |  |  | — |  |  | 11.1 |
Foreign currency fluctuations | (10.0 | ) |  | 1.6 |  |  | (8.4 | )
Balance as of September 30, 2019 | $ | 222.8 |  |  | $ | (37.4 | ) |  | $ | 185.4 |
The additions to Goodwill recorded during the first nine months of 2019 were related to our acquisition of Gaomei, as described further in Note 5. The balances of acquired Intangible Assets, excluding Goodwill, as of September 30, 2019 and December 31, 2018, were as follows:
| Customer Lists |  | Trade Names |  | Technology |  | Total
Balance as of September 30, 2019 |  |  |  |  |  |  |
Original cost | $ | 149.9 |  |  | $ | 31.0 |  |  | $ | 17.0 |  |  | $ | 197.9 |
Accumulated amortization | (44.3 | ) |  | (7.3 | ) |  | (6.8 | ) |  | (58.4 | )
Carrying value | $ | 105.6 |  |  | $ | 23.7 |  |  | $ | 10.2 |  |  | $ | 139.5 |
Weighted average original life (in years) | 15 |  |  | 11 |  |  | 11 |  |  |  |
Balance as of December 31, 2018 |  |  |  |  |  |  |  |  |  |
Original cost | $ | 143.0 |  |  | $ | 30.6 |  |  | $ | 17.4 |  |  | $ | 191.0 |
Accumulated amortization | (33.7 | ) |  | (5.3 | ) |  | (5.5 | ) |  | (44.5 | )
Carrying value | $ | 109.3 |  |  | $ | 25.3 |  |  | $ | 11.9 |  |  | $ | 146.5 |
Weighted average original life (in years) | 15 |  |  | 10 |  |  | 10 |  |  |  |
As part of our acquisition of Gaomei, we acquired trade names and a customer list with a combined preliminary fair value of $15.7 million. Further details regarding the preliminary purchase price allocation of Gaomei are described in Note 5. Amortization expense on Intangible Assets for the three and nine months ended September 30, 2019 was $5.1 million and $16.6 million, respectively. Amortization expense on Intangible Assets for the three and nine months ended September 30, 2018 was $5.7 million and $17.4 million, respectively. Estimated aggregate amortization expense based on the current carrying value of amortizable Intangible Assets for each of the five succeeding years and thereafter is as follows:
Remaining 2019 | $ | 5.4 |
2020 | 19.9 |
2021 | 18.4 |
2022 | 16.3 |
2023 | 14.9 |
Thereafter | 64.6 |
Total | $ | 139.5 |

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