| Schedule of amortizable intangible assets |
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December 31, 2017
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December 31, 2016
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Estimated Average Useful Life (in years)
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Gross Carrying Amount
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Accumulated Amortization
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Net Carrying Amount
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Gross Carrying Amount
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Accumulated Amortization
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Net Carrying Amount
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(in thousands)
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Capitalized technology
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3
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|
$
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27,108
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|
$
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(9,486
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)
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$
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17,622
|
|
$
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17,100
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$
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(7,822
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)
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$
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9,278
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|
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Capitalized content development
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4
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55,872
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(21,417
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)
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34,455
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|
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37,956
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(15,367
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)
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22,589
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University client relationships
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9
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|
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29,443
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(1,636
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)
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27,807
|
|
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—
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—
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—
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Trade names and domain names
|
|
10
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|
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12,119
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|
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(1,242
|
)
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10,877
|
|
|
2,761
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|
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(497
|
)
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|
2,264
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|
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Total amortizable intangible assets, net
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$
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124,542
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$
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(33,781
|
)
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$
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90,761
|
|
$
|
57,817
|
|
$
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(23,686
|
)
|
$
|
34,131
|
|
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| Schedule of estimated future amortization expense for amortizable intangible assets |
As of December 31, 2017, the estimated future amortization expense for amortizable intangible assets placed in service is as follows (in thousands):
|
2018
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$
|
17,571
|
|
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2019
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|
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15,595
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|
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2020
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|
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12,102
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|
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2021
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|
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8,216
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|
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2022
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|
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5,404
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Thereafter
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16,296
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Total
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$
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75,184
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