Annual report pursuant to Section 13 and 15(d)

Intangible Assets, net (Tables)

v3.3.1.900
Intangible Assets, net (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
Intangible assets, net consisted of the following as of December 31, 2015 and December 31, 2014 (in thousands):

 
 
 
December 31, 2015
 
Weighted Average Useful Lives
 
Gross Carrying Value
 
Accumulated Amortization
 
Net Carrying Value
Intangible assets:
 
 
 
 
 
 
 
Finite life:
 
 
 
 
 
 
 
Existing technology - software
5.8 years
 
$
24,474

 
$
2,978

 
$
21,496

Existing technology - games
5 years
 
12,331

 
7,193

 
5,138

Developed technology
8 years
 
7,317

 
2,058

 
5,259

Customer relationships
7.5 years
 
133,566

 
50,184

 
83,382

Other
3.7 years
 
7,399

 
4,991

 
2,408

Content library (acquired in business combination)
1.5 years
 
14,298

 
14,298

 

Content library (acquired post business combination)
1.5 years
(1)
49,599

 
33,515

 
16,084

Total intangible assets
 
 
$
248,984

 
$
115,217

 
$
133,767


 
 
 
December 31, 2014
 
Weighted Average Useful Lives
 
Gross Carrying Value
 
Accumulated Amortization
 
Net Carrying Value
Intangible assets:
 
 
 
 
 
 
 
Finite life:
 
 
 
 
 
 
 
Existing technology - software
7 years
 
$
2,575

 
$
705

 
$
1,870

Existing technology - games
5 years
 
12,331

 
4,727

 
7,604

Developed technology
8 years
 
7,317

 
1,143

 
6,174

Customer relationships
7.2 years
 
119,879

 
30,437

 
89,442

Other
2.5 years
 
7,319

 
3,448

 
3,871

Content library (acquired in business combination)
1.5 years
 
14,298

 
14,148

 
150

Content library (acquired post business combination)
1.5 years
(1)
31,949

 
18,586

 
13,363

Total intangible assets
 
 
$
195,668

 
$
73,194

 
$
122,474


(1) Useful life estimate based upon the content library acquired in the business combination, which approximates historical experience.
Schedule of Finite-Lived Intangible Assets, Amortization Expense
The Company expects to record amortization of the intangible assets as follows (in thousands):

Year ending December 31,       
Amount
2016
$
39,015

2017
31,294

2018
21,526

2019
15,834

2020
14,363

Thereafter
11,735

Total
$
133,767