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Intangible assets, net
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets, net

8. Intangible assets, net

Intangible assets other than goodwill consist of the following:

 

(In thousands)    Weighted average
amortization period
     December 31, 2015      December 31, 2014  

Gross amount:

        

Purchased IP and capitalized litigation costs

     10 years       $ 1,659       $ 461   

Software developed for internal use

     3-10 years         2,571         341   

Developed technology

     5 years         10,716         —     

Customer relationship

     7 years         30,875         —     

Trademarks

     20 years         16,357         —     

Domain names

     20 years         191         —     

Database

     10 years         25,052         —     

Non-competition agreements

     5 years         728         —     
     

 

 

    

 

 

 
        88,149         802   

Accumulated amortization:

        

Purchased IP and capitalized litigation costs

        (34      —     

Software developed for internal use

        (50      (6

Developed technology

        (133      —     

Customer relationship

        (272      —     

Trademarks

        (50      —     

Domain names

        (1      —     

Database

        (155      —     

Non-competition agreements

        (9      —     
     

 

 

    

 

 

 
        (704      (6

Net intangible assets:

        

Purchased IP and capitalized litigation costs

        1,625         461   

Software developed for internal use

        2,521         335   

Developed technology

        10,583         —     

Customer relationship

        30,603         —     

Trademarks

        16,307         —     

Domain names

        190         —     

Database

        24,897         —     

Non-competition agreements

        719         —     
     

 

 

    

 

 

 
      $ 87,445       $ 796   
     

 

 

    

 

 

 

 

The amount associated with Purchased IP and capitalized litigation costs is mainly related to the intellectual property purchased by TBO from Ole Poulsen (“Purchased IP”) pursuant to the Intellectual Property Purchase Agreement dated October 14, 2014 (“IP Agreement”) and related legal and other costs incurred in defending the Company’s claims to the Purchased IP. The gross amount associated with software developed for internal use mainly represent capitalized costs of internally developed software. The amounts of developed technology, customer relationship, trademarks, domain names, database, and non-competition agreements all represent the fair values of intangible assets acquired as a result of the Fluent Acquisition.

Amortization expenses of $698 and $6 were included in depreciation and amortization expenses for the years ended December 31, 2015 and 2014, respectively. As of December 31, 2015, there were intangible assets of $1,384 and $2,090, included into the gross amounts of Purchased IP and capitalized litigation costs, and software developed for internal use, respectively, that have not started amortization, which would start to amortize when they are put into use.

The Company capitalized $3,428 during the year ended December 31, 2015, with $1,198 related to purchased intellectual property litigation costs and $2,230 related to internally developed software.

Estimated amortization expenses related to the Company’s intangible assets for 2016 through 2020 and thereafter are $10,282, $10,455, $10,455, $10,455, $10,265 and $35,533, respectively.