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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill, by segment, were as follows:
(in thousands)
Education
 
Cable
 
Newspaper
Publishing
 
Television
Broadcasting
 
Other
Businesses
 
Total
As of December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
Goodwill
$
1,097,058

 
$
85,488

 
$
81,183

 
$
203,165

 
$
19,052

 
$
1,485,946

Accumulated impairment losses
(102,259
)
 

 
(65,772
)
 

 

 
(168,031
)
 
994,799

 
85,488

 
15,411

 
203,165

 
19,052

 
1,317,915

Reallocation, net

 

 
(1,809
)
 

 
1,809

 

Acquisitions

 

 

 

 
7,934

 
7,934

Dispositions

 

 
(13,602
)
 

 

 
(13,602
)
Foreign currency exchange rate changes
(23,625
)
 

 

 

 

 
(23,625
)
As of December 31, 2013
 

 
 

 
 

 
 

 
 

 
 

Goodwill
1,073,433

 
85,488

 

 
203,165

 
34,877

 
1,396,963

Accumulated impairment losses
(102,259
)
 

 

 

 
(6,082
)
 
(108,341
)
 
971,174

 
85,488

 

 
203,165

 
28,795

 
1,288,622

Acquisitions
14,963

 

 

 
2,841

 
111,115

 
128,919

Dispositions
(2,422
)
 

 

 
(37,661
)
 

 
(40,083
)
Reclassification to discontinued operations
(810
)
 

 

 

 

 
(810
)
Foreign currency exchange rate changes
(27,938
)
 

 

 

 

 
(27,938
)
As of December 31, 2014
  

 
  

 
  

 
  

 
  

 
  

Goodwill
1,057,226

 
85,488

 

 
168,345

 
145,992

 
1,457,051

Accumulated impairment losses
(102,259
)
 

 

 

 
(6,082
)
 
(108,341
)
 
$
954,967

 
$
85,488

 
$

 
$
168,345

 
$
139,910

 
$
1,348,710

Other Intangible Assets
Other intangible assets consist of the following:
 
 
 
As of December 31, 2014
 
As of December 31, 2013
(in thousands)
Useful
Life
Range
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Amortized Intangible Assets
 
 
  
 
  
 
 
 
 
 
 
 
 
Noncompete agreements
2–5 years
 
$
2,500

 
$
1,590

 
$
910

 
$
13,540

 
$
12,622

 
$
918

Student and customer relationships
2–10 years
 
104,685

 
47,539

 
57,146

 
72,050

 
45,718

 
26,332

Databases and technology
3–5 years
 
10,501

 
8,827

 
1,674

 
10,790

 
6,991

 
3,799

Trade names and trademarks
2–10 years
 
55,452

 
19,724

 
35,728

 
22,327

 
16,052

 
6,275

Other
1–25 years
 
8,969

 
7,480

 
1,489

 
9,836

 
7,572

 
2,264

 
 
 
$
182,107

 
$
85,160

 
$
96,947

 
$
128,543

 
$
88,955

 
$
39,588

Indefinite-Lived Intangible Assets
 
 
  
 
 

 
 

 
 
 
 

 
 

Franchise agreements
 
 
$
496,321

 
 

 
 

 
$
496,321

 
 

 
 

Wireless licenses
 
 

 
 

 
 

 
22,150

 
 

 
 

Licensure and accreditation
 
 
6,781

 
 

 
 

 
7,171

 
 

 
 

Other
 
 
13,651

 
 

 
 

 
15,636

 
 

 
 

 
 
 
$
516,753

 
 

 
 

 
$
541,278

 
 

 
 

Education [Member]  
Changes in Carrying Amount of Goodwill
The changes in carrying amount of goodwill at the Company’s education division were as follows:
(in thousands)
Higher
Education
 
Test
Preparation
 
Kaplan
International
 
Total
As of December 31, 2012
 
 
 
 
 
 
 
Goodwill
$
409,184

 
$
152,187

 
$
535,687

 
$
1,097,058

Accumulated impairment losses

 
(102,259
)
 

 
(102,259
)
 
409,184

 
49,928

 
535,687

 
994,799

Foreign currency exchange rate changes
(168
)
 

 
(23,457
)
 
(23,625
)
As of December 31, 2013
 

 
  
 
 
 
 
Goodwill
409,016

 
152,187

 
512,230

 
1,073,433

Accumulated impairment losses

 
(102,259
)
 

 
(102,259
)
 
409,016

 
49,928

 
512,230

 
971,174

Acquisitions
1,052

 
13,911

 

 
14,963

Dispositions

 

 
(2,422
)
 
(2,422
)
Reclassification to discontinued operations

 

 
(810
)
 
(810
)
Foreign currency exchange rate changes
(184
)
 

 
(27,754
)
 
(27,938
)
As of December 31, 2014
 

 
 

 
 

 
 
Goodwill
409,884

 
166,098

 
481,244

 
1,057,226

Accumulated impairment losses

 
(102,259
)
 

 
(102,259
)
 
$
409,884

 
$
63,839

 
$
481,244

 
$
954,967