| Schedule of carrying amount of goodwill |
The
changes in the carrying amount of goodwill for the years ended December 31, 2015 and 2016 were as follows:
| |
|
Capital |
|
|
Auction
and |
|
|
Valuation
and |
|
|
Principal
Investments
- |
|
|
|
|
| |
|
Markets |
|
|
Liquidation |
|
|
Appraisal |
|
|
United
Online |
|
|
|
|
| |
|
Segment |
|
|
Segment |
|
|
Segment |
|
|
Segment |
|
|
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance
as of December 31, 2014 |
|
$ |
21,869 |
|
|
$ |
1,975 |
|
|
$ |
3,713 |
|
|
$ |
- |
|
|
$ |
27,557 |
|
| Goodwill acquired during
the period: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| MK
Capital acquisition on February 2, 2015 |
|
|
6,971 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
6,971 |
|
| Balance as of December
31, 2015 |
|
$ |
28,840 |
|
|
$ |
1,975 |
|
|
$ |
3,713 |
|
|
$ |
- |
|
|
$ |
34,528 |
|
| Goodwill acquired during
the period: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| United
Online on July 1, 2016 |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
14,375 |
|
|
|
14,375 |
|
| Balance
as of December 31, 2016 |
|
$ |
28,840 |
|
|
$ |
1,975 |
|
|
$ |
3,713 |
|
|
$ |
14,375 |
|
|
$ |
48,903 |
|
| Schedule of intangible assets |
Intangible
assets consisted of the following:
| |
|
|
|
December
31, 2016 |
|
|
December
31, 2015 |
|
| |
|
|
|
Gross |
|
|
|
|
|
|
|
|
Gross |
|
|
|
|
|
|
|
| |
|
|
|
Carrying |
|
|
Accumulated |
|
|
Intangibles |
|
|
Carrying |
|
|
Accumulated |
|
|
Intangibles |
|
| |
|
Useful
Life |
|
Value |
|
|
Amortization |
|
|
Net |
|
|
Value |
|
|
Amortization |
|
|
Net |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amortizable assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Customer
relationships |
|
4
to 13 Years |
|
$ |
37,300 |
|
|
$ |
3,100 |
|
|
$ |
34,200 |
|
|
$ |
3,600 |
|
|
$ |
572 |
|
|
$ |
3,028 |
|
| Domain names |
|
7 Years |
|
|
1,419 |
|
|
|
101 |
|
|
|
1,318 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Advertising relationships |
|
8 Years |
|
|
100 |
|
|
|
6 |
|
|
|
94 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Internally developed
software |
|
0.5 to 4 Years |
|
|
3,333 |
|
|
|
550 |
|
|
|
2,783 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Tradenames |
|
8
Years |
|
|
1,100 |
|
|
|
69 |
|
|
|
1,031 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| |
|
|
|
|
43,252 |
|
|
|
3,826 |
|
|
|
39,426 |
|
|
|
3,600 |
|
|
|
572 |
|
|
|
3,028 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Non-amortizable assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Tradenames |
|
|
|
|
1,740 |
|
|
|
- |
|
|
|
1,740 |
|
|
|
1,740 |
|
|
|
- |
|
|
|
1,740 |
|
| Total
intangible assets |
|
|
|
$ |
44,992 |
|
|
$ |
3,826 |
|
|
$ |
41,166 |
|
|
$ |
5,340 |
# |
|
$ |
572 |
|
|
$ |
4,768 |
|