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, 2015

Changes in carrying amount of goodwill by segment

There were no changes in the carrying amount of goodwill for the years ended December 31, 2015 and 2014. The goodwill balances by segment, were as follows, in thousands:


	Gross Goodwill		Gross Goodwill		Accumulated		Net Goodwill
	at		at		Impairment		at
	December 31, 2014		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


	Gross Goodwill		Gross Goodwill		Accumulated		Net Goodwill
	at		at		Impairment		at
	December 31, 2013		December 31, 2014		Losses		December 31, 2014
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

Other intangible assets and associated amortization expense

Other intangible assets, net includes customer relationships, non-compete agreements, and trademarks. The following table sets forth our other intangible assets and associated amortization expense, in thousands:


	For the years ended December 31,
	2015		2014		2013
Gross definite-lived intangible assets	$	19,472	$	19,727
Accumulated amortization		(17,892)		(17,172)
Net definite-lived intangible assets		1,580		2,555
Indefinite-lived intangible assets not subject to amortization		407		407
Other intangible assets, net	$	1,987	$	2,962

Amortization expense recognized	$	1,026	$	1,166	$	1,267

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
2016	$	722
2017		327
2018		106
2019		106
2020		106
Thereafter		213