Rendering

Component: (Network and Table)
Network
2302302 - Disclosure - Summary of Significant Accounting Policies (Tables)
(http://www.moneygram.com/role/SummaryOfSignificantAccountingPoliciesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001273931 (http://www.sec.gov/CIK)
Accounting Policies [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Accounting Policies [Abstract]
 
Settlement assets
The following table summarizes the amount of Settlement assets and Payment service obligations as of December 31:
(Amounts in millions)
2016
 
2015
Settlement assets:
 
 
 
Settlement cash and cash equivalents
$
1,365.0

 
$
1,560.7

Receivables, net
999.4

 
861.4

Interest-bearing investments
1,252.1

 
1,062.4

Available-for-sale investments
17.8

 
21.1

 
3,634.3

 
3,505.6

Payment service obligations
$
(3,634.3
)
 
$
(3,505.6
)
  
Summary of activity within the allowance for losses
The following summary details the activity within the allowance for credit losses for the years ended December 31:
(Amounts in millions)
2016
 
2015
 
2014
Beginning balance
$
9.2

 
$
10.7

 
$
10.7

Provision
12.9

 
20.4

 
11.1

Write-offs, net of recoveries
(10.3
)
 
(21.9
)
 
(11.1
)
Ending balance
$
11.8

 
$
9.2

 
$
10.7

  
Property, plant and equipment estimated useful lives
The following table summarizes the estimated useful lives by major asset category:
Type of Asset
Useful Life
Computer hardware
3 years
Computer software
5 - 7 years
Signage
3 years
Equipment at agent locations
3 - 7 years
Office furniture and equipment
7 years
Leasehold improvements
10 years
The following table is a summary of "Property and equipment, net" as of December 31:
(Amounts in millions)
2016
 
2015
Computer hardware and software
$
373.3

 
$
338.0

Signage
85.0

 
87.9

Equipment at agent locations
60.5

 
58.0

Office furniture and equipment
28.0

 
29.2

Leasehold improvements
24.7

 
24.7

Total property and equipment
571.5

 
537.8

Accumulated depreciation and amortization
(370.5
)
 
(338.1
)
Total property and equipment, net
$
201.0

 
$
199.7

  
Finite-lived intangible assets useful lives
Intangible assets with finite lives are amortized using a straight-line method over their respective useful lives as follows:
Type of Intangible Asset
Useful Life
Contractual and customer relationships
3-15 years
Non-compete agreements
3-5 years
Developed technology
5-7 years
The following table is a summary of intangible assets included in “Other assets” in the Consolidated Balance Sheets as of December 31: 
 
2016
 
2015
(Amounts in millions)
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Carrying
Value
 
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Carrying
Value
Contractual and customer relationships
$
11.1

 
$
(6.3
)
 
$
4.8

 
$
11.7

 
$
(4.5
)
 
$
7.2

Non-compete agreements
1.5

 
(1.2
)
 
0.3

 
1.6

 
(0.7
)
 
0.9

Developed technology
1.1

 
(0.7
)
 
0.4

 
1.1

 
(0.2
)
 
0.9

Total intangible assets
$
13.7

 
$
(8.2
)
 
$
5.5

 
$
14.4

 
$
(5.4
)
 
$
9.0

  
Schedule of earnings per share, basic and diluted
The following table is a reconciliation of the weighted-average amounts used in calculating earnings per share for the period ended December 31:
(Amounts in millions)
2016
 
2015
 
2014
Basic common shares outstanding
62.3

 
62.1

 
65.3

Shares related to stock options
—

 
—

 
0.1

Shares related to restricted stock units
3.6

 
—

 
0.1

Diluted common shares outstanding
65.9

 
62.1

 
65.5

  
Weighted-average potential common shares excluded from diluted loss per common share
The following table summarizes the weighted-average potential common shares excluded from diluted income (loss) per common share as their effect would be anti-dilutive or their performance conditions are not met for the years ended December 31:
(Amounts in millions)
2016
 
2015
 
2014
Shares related to stock options
2.7

 
3.4

 
4.0

Shares related to restricted stock units
—

 
3.8

 
1.1

Shares excluded from the computation
2.7

 
7.2

 
5.1