Expedia 2014 Annual Report Download - page 107

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recorded a $3 million impairment charge for both periods related to an indefinite-lived trade name within our
Leisure segment, which was included in intangible amortization during the year ended December 31, 2014 and
2013.
Goodwill. The following table presents the changes in goodwill by reportable segment:
Leisure Egencia Total
(In thousands)
Balance as of January 1, 2013 $2,822,388 $193,282 $3,015,670
Additions 636,445 — 636,445
Foreign exchange translation 10,190 1,369 11,559
Balance as of December 31, 2013 3,469,023 194,651 3,663,674
Additions 418,408 — 418,408
Foreign exchange translation (87,854) (38,327) (126,181)
Balance as of December 31, 2014 $3,799,577 $156,324 $3,955,901
In 2014 and 2013, the additions to goodwill relate primarily to our acquisitions as described in Note 3 —
Acquisitions.
As of December 31, 2014 and 2013, accumulated goodwill impairment losses in total were $2.5 billion,
which is associated with Leisure.
Indefinite-lived Intangible Assets. Our indefinite-lived intangible assets relate principally to trade names and
trademarks acquired in various acquisitions.
Intangible Assets with Definite Lives. The following table presents the components of our intangible assets
with definite lives as of December 31, 2014 and 2013:
December 31, 2014 December 31, 2013
Cost
Accumulated
Amortization Net Cost
Accumulated
Amortization Net
(In thousands)
Supplier relationships $ 357,022 $(200,257) $156,765 $ 258,973 $(186,625) $ 72,348
Technology 257,045 (216,841) 40,204 253,371 (190,479) 62,892
Customer lists 110,302 (29,225) 81,077 93,412 (23,884) 69,528
Affiliate agreements 157,540 (154,825) 2,715 159,110 (154,209) 4,901
Other 298,493 (265,805) 32,688 286,287 (260,603) 25,684
Total $1,180,402 $(866,953) $313,449 $1,051,153 $(815,800) $235,353
Amortization expense was $80 million, $72 million and $32 million for the years ended December 31, 2014,
2013 and 2012. The estimated future amortization expense related to intangible assets with definite lives as of
December 31, 2014, assuming no subsequent impairment of the underlying assets, is as follows, in thousands:
2015 $ 86,753
2016 56,781
2017 42,161
2018 35,123
2019 24,997
2020 and thereafter 67,634
Total $313,449
F-25