Zynga 2015 Annual Report Download - page 97

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Table of Contents
6. Goodwill and Other Intangible Assets
Changes in the carrying value of goodwill from December 31, 2013 to December 31, 2015 are as follows (in thousands):
Goodwill—December 31, 2013 $ 227,989
Additions 450,582
Foreign currency translation adjustments (23,994)
Goodwill adjustments (3,799)
Goodwill—December 31, 2014 650,778
Additions 25,050
Foreign currency translation adjustments (20,816)
Goodwill adjustments 2,659
Goodwill—December 31, 2015 $ 657,671
The decreases are primarily related to translation losses on goodwill associated with the acquisition of NaturalMotion denominated in British pounds.
Includes the impact of adjustments to goodwill resulting from changes in net assets (liabilities) acquired and other adjustments, pursuant to our business
combinations policy.
The details of our acquisition-related intangible assets are as follows (in thousands):
December 31, 2015
Gross Carrying
Value
Accumulated
Amortization
Net Book
Value
Developed technology $ 174,970 $ (118,940) $56,030
Trademarks, branding and domain names 16,290 (9,210) 7,080
Acquired lease intangibles 5,708 (4,802) 906
Total $ 196,968 $ (132,952) $64,016
December 31, 2014
Gross Carrying
Value
Accumulated
Amortization
Net Book
Value
Developed technology $ 151,376 $ (94,560) $56,816
Trademarks, branding and domain names 16,292 (7,861) 8,431
Acquired lease intangibles 5,708 (4,094) 1,614
Total $ 173,376 $ (106,515) $66,861
These assets were, and continue to be, amortized on a straight-line basis. As of December 31, 2015, the weighted-average remaining useful lives of all
identified acquired intangible assets are 3.0 years for developed technology, 1.0 years for trademarks, branding, and domain names, and 3.3 years for acquired lease
intangibles. Amortization expense of intangible assets for the years ended December 31, 2015, 2014 and 2013 were $27.4 million, $24.6 million and $12.2 million,
respectively. As of December 31, 2015, future amortization expense related to the intangible assets is expected to be recognized as shown below (in thousands):
Year ending December 31:
2016 $29,084
2017 11,203
2018 7,634
2019 and thereafter 9,975
Total $57,896
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