Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

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Intangible Assets
6 Months Ended
Jun. 30, 2018
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets

Intangible assets are as follows (in thousands):

 

    June 30, 2018     December 31, 2017  
    Gross Carrying Amount     Accumulated Amortization     Total     Gross Carrying Amount     Accumulated Amortization     Total  
Subscriber acquisition costs   $ 134,849     $ (24,521 )   $ 110,328     $ 77,189     $ (20,918 )   $ 56,271  
Tradenames and trademarks     66,846       (8,333 )     58,513       13,146       (6,174 )     6,972  
Proprietary technology     15,320       (335 )     14,985       -       -       -  
Noncompete agreement     -       -             3,000       (3,000 )     -  
Commissions     -       -             7,683       (2,092 )     5,590  
Total acquired intangibles   $ 217,015     $ (33,189 )   $ 183,826     $ 101,018     $ (32,184 )   $ 68,834  

 

During the three months ended June 30, 2018 and 2017, the Company recorded no impairment charges. During the six months ended June 30, 2018 and 2017, the Company recorded impairment charges on certain intangible assets of $2.3 million and $0, respectively.

 

For the three months ended June 30, 2018 and 2017, amortization expense was $5.9 million and $5.8 million, respectively. For the six months ended June 30, 2018 and 2017, amortization expense was $10.8 million and $11.6 million, respectively. Estimated future aggregate amortization expense is expected to be as follows (in thousands):

 

          remainder of 2018   $ 14,743  
2019     23,678  
2020     23,678  
2021     20,728  
2022     18,571  
Thereafter     82,428  
    $ 183,826