eFax 2015 Annual Report Download - page 82

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Intangible assets are summarized as of December 31, 2015 and 2014 as follows (in thousands):
Intangible Assets with Indefinite Lives:
2015
2014
Trade names $ 27,379
$ 27,379
Other 5,432
5,432
Total $ 32,811
$ 32,811
In accordance with ASC 350, the Company performed the annual impairment test for goodwill for fiscal year 2015 using a qualitative assessment primarily taking into
consideration macroeconomic, industry and market conditions, overall financial performance and any other relevant company-specific events. The Company performed the annual
impairment test for intangible assets with indefinite lives for fiscal 2015 using a qualitative assessment primarily taking into consideration macroeconomic, industry and market
conditions, overall financial performance and any other relevant company-specific events. j2 Global concluded that there were no impairments in 2015, 2014 and 2013.
Intangible Assets Subject to Amortization:
As of December 31, 2015 , intangible assets subject to amortization relate primarily to the following (in thousands):
Weighted-Average
Amortization
Period
Historical
Cost
Accumulated
Amortization
Net
Trade names 12.0 years
$ 117,753
$ 26,167
$ 91,586
Patent and patent licenses 8.3 years
64,258
45,417
18,841
Customer relationships 9.4 years
313,909
116,590
197,319
Other purchased intangibles 4.2 years
33,088
21,004
12,084
Total
$ 529,008
$ 209,178
$ 319,830
As of December 31, 2014 , intangible assets subject to amortization relate primarily to the following (in thousands):
Weighted-Average
Amortization
Period
Historical
Cost
Accumulated
Amortization
Net
Trade names 14.5 years
$ 94,770
$ 16,598
$ 78,172
Patent and patent licenses 9.0 years
62,940
38,013
24,927
Customer relationships 9.3 years
230,424
66,658
163,766
Other purchased intangibles 4.3 years
28,360
16,236
12,124
Total
$ 416,494
$ 137,505
$ 278,989
Expected amortization expense for intangible assets subject to amortization at December 31, 2015 are as follows (in thousands):
Fiscal Year:
2016 $ 63,209
2017 58,498
2018 46,500
2019 33,665
2020 31,313
Thereafter 86,645
Total expected amortization expense $ 319,830
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