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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2016
Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill, by segment, were as follows:
(in thousands)
Education
 
Television
Broadcasting
 
Other
Businesses
 
Total
Balance as of December 31, 2015
  
 
  
 
  
 
  
Goodwill
$
1,006,096

 
$
168,345

 
$
202,814

 
$
1,377,255

Accumulated impairment losses
(350,850
)
 

 
(8,892
)
 
(359,742
)
 
655,246

 
168,345

 
193,922

 
1,017,513

Measurement period adjustments
(2,781
)
 

 
(16,930
)
 
(19,711
)
Acquisitions
160,894

 

 
20,334

 
181,228

Dispositions

 

 
(2,800
)
 
(2,800
)
Foreign currency exchange rate changes
(25,784
)
 

 

 
(25,784
)
Balance as of September 30, 2016
  

 
  

 
  

 
  

Goodwill
1,138,425

 
168,345

 
200,608

 
1,507,378

Accumulated impairment losses
(350,850
)
 

 
(6,082
)
 
(356,932
)
 
$
787,575

 
$
168,345

 
$
194,526

 
$
1,150,446

Other Intangible Assets
Other intangible assets consist of the following:
 
 
 
As of September 30, 2016
 
As of December 31, 2015
(in thousands)
Useful Life
Range
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Amortized Intangible Assets
  
 
  
 
  
 
  
 
  
 
  
 
  
Student and customer relationships
2–10 years
 
$
130,264

 
$
51,902

 
$
78,362

 
$
108,806

 
$
40,280

 
$
68,526

Trade names and trademarks
2–10 years
 
55,705

 
27,929

 
27,776

 
53,848

 
23,941

 
29,907

Databases and technology
3–5 years
 
4,617

 
4,304

 
313

 
4,617

 
4,114

 
503

Noncompete agreements
2–5 years
 
1,731

 
1,273

 
458

 
1,381

 
1,012

 
369

Other
1–8 years (1)
 
12,031

 
4,304

 
7,727

 
10,095

 
2,209

 
7,886

  
  
 
$
204,348

 
$
89,712

 
$
114,636

 
$
178,747

 
$
71,556

 
$
107,191

Indefinite-Lived Intangible Assets
  
 
  
 
  

 
  

 
  
 
  

 
  

Trade names and trademarks
  
 
$
67,946

 
  

 
  

 
$
21,051

 
  

 
  

Licensure and accreditation
  
 
834

 
  

 
  

 
834

 
  

 
  

 
  
 
$
68,780

 
 
 
 
 
$
21,885

 
 
 
 
____________
(1)
The Company's other amortized intangible assets’ maximum useful life was 7 years as of December 31, 2015.
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
Balance as of December 31, 2015
  
 
  
 
  
 
  
Goodwill
$
392,457

 
$
166,098

 
$
447,541

 
$
1,006,096

Accumulated impairment losses
(248,591
)
 
(102,259
)
 

 
(350,850
)
 
143,866

 
63,839

 
447,541

 
655,246

Measurement period adjustments
(2,781
)
 

 

 
(2,781
)
Acquisitions

 

 
160,894

 
160,894

Foreign currency exchange rate changes
104

 

 
(25,888
)
 
(25,784
)
Balance as of September 30, 2016
  

 
  

 
  

 
  

Goodwill
389,780

 
166,098

 
582,547

 
1,138,425

Accumulated impairment losses
(248,591
)
 
(102,259
)
 

 
(350,850
)
 
$
141,189

 
$
63,839

 
$
582,547

 
$
787,575