v3.8.0.1
Goodwill and Amortizable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Amortizable Intangible Assets  
Schedule of amortizable intangible assets

                                                                                                                                                                                    

 

 

 

 

December 31, 2017

 

December 31, 2016

 

 

 

Estimated
Average Useful
Life (in years)

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Amount

 

 

 

 

 

(in thousands)

 

Capitalized technology

 

3

 

$

27,108

 

$

(9,486

)

$

17,622

 

$

17,100

 

$

(7,822

)

$

9,278

 

Capitalized content development

 

4

 

 

55,872

 

 

(21,417

)

 

34,455

 

 

37,956

 

 

(15,367

)

 

22,589

 

University client relationships

 

9

 

 

29,443

 

 

(1,636

)

 

27,807

 

 

 

 

 

 

 

Trade names and domain names

 

10

 

 

12,119

 

 

(1,242

)

 

10,877

 

 

2,761

 

 

(497

)

 

2,264

 

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Total amortizable intangible assets, net

 

 

 

$

124,542

 

$

(33,781

)

$

90,761

 

$

57,817

 

$

(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

 

$

17,571

 

2019

 

 

15,595

 

2020

 

 

12,102

 

2021

 

 

8,216

 

2022

 

 

5,404

 

Thereafter

 

 

16,296

 

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Total

 

$

75,184

 

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