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Table of Contents
Intangible assets, net
Intangible assets, net as of
December 31, 2015 and 2014
consisted of the following (in thousands):
As of
December 31, 2015
, future estimated amortization expense for finite
-
lived intangible assets was as follows (in thousands):
(8) Restructuring and Asset Impairment Charges
Summary of Restructuring Plans
Components of Restructuring and asset impairment charges for the years ended December 31, 2015, 2014 and 2013 were as follows (in thousands):
As of
December 31, 2015 and 2014
,
$2.0 million
and
$2.0 million
for the present value of future minimum lease payments for abandoned office space
and
$0.3 million
and
$2.8 million
for severance, respectively, was accrued.
F
-
24
December 31, 2015
Weighted-
Average
Remaining Useful
Life
Gross
Accumulated
Amortization
Net
Developed technology and patents
5.6 years
$
875,188
$
(512,060
)
$
363,128
Existing contracts and customer relationships
2.6 years
47,524
(36,933
)
10,591
Content databases and other
6.7 years
59,014
(45,991
)
13,023
Trademarks / Tradenames
N/A
8,300
(8,300
)
—
Total
$
990,026
$
(603,284
)
$
386,742
December 31, 2014
Gross
Accumulated
Amortization
Net
Developed technology and patents
$
875,187
$
(443,986
)
$
431,201
Existing contracts and customer relationships
47,524
(32,010
)
15,514
Content databases and other
58,638
(42,005
)
16,633
Trademarks / Tradenames
8,300
(8,300
)
—
Total
$
989,649
$
(526,301
)
$
463,348
2016
$
75,340
2017
73,147
2018
69,738
2019
67,912
2020
67,222
Thereafter
33,383
Total
$
386,742
Year Ended December 31,
2015
2014
2013
Present value of future minimum lease payments
$
2,337
$
2,825
$
729
Severance
(177
)
6,678
853
Asset impairment
—
1,213
4,065
Accelerated vesting of equity
-
based compensation awards
—
—
1,991
Contract termination
—
223
—
Restructuring and asset impairment charges
$
2,160
$
10,939
$
7,638