TopBuild Corp. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangibles (Tables)

Goodwill and Other Intangibles (Tables)

12 Months Ended

Dec. 31, 2016

Changes in carrying amount of goodwill by segment

Changes in the carrying amount of goodwill for the years ended December 31, 2016 and 2015, by segment, were as follows, in thousands:


	Gross Goodwill				Gross Goodwill		Accumulated		Net Goodwill
	at				at		Impairment		at
	December 31, 2015		Additions		December 31, 2016		Losses		December 31, 2016
Installation	$	1,389,775	$	1,017	$	1,390,792	$	(762,021)	$	628,771
Distribution		416,287		—		416,287		—		416,287
Total	$	1,806,062	$	1,017	$	1,807,079	$	(762,021)	$	1,045,058


	Gross Goodwill				Gross Goodwill		Accumulated		Net Goodwill
	at				at		Impairment		at
	December 31, 2014		Additions		December 31, 2015		Losses		December 31, 2015
Installation	$	1,389,775	$	—	$	1,389,775	$	(762,021)	$	627,754
Distribution		416,287		—		416,287		—		416,287
Total	$	1,806,062	$	—	$	1,806,062	$	(762,021)	$	1,044,041

Schedule of other intangible assets

The following table sets forth our other intangible assets and associated amortization expense, in thousands:


	For the years ended December 31,
	2016		2015		2014
Gross definite-lived intangible assets	$	20,932	$	19,472
Accumulated amortization		(18,683)		(17,892)
Net definite-lived intangible assets		2,249		1,580
Indefinite-lived intangible assets not subject to amortization		407		407
Other intangible assets, net	$	2,656	$	1,987

Amortization expense	$	795	$	1,026	$	1,166

Future amortization expense related to definite-lived intangible assets

The following table sets forth the amortization expense related to the definite-lived intangible assets during each of the next five years, in thousands:


	Amortization Expense
2017	$	494
2018		270
2019		270
2020		270
2021		226