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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill, by segment, were as follows:
(in thousands)
Education
 
Cable
 
Television
Broadcasting
 
Other
Businesses
 
Total
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

Measurement period adjustment

 

 

 
4,570

 
4,570

Acquisitions
11,515

 

 

 
60,071

 
71,586

Impairment
(248,591
)
 

 

 
(2,810
)
 
(251,401
)
Dispositions
(33,502
)
 
(85,488
)
 

 
(7,819
)
 
(126,809
)
Foreign currency exchange rate changes
(29,143
)
 

 

 

 
(29,143
)
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 adjustment
(2,781
)
 

 

 
(17,243
)
 
(20,024
)
Acquisitions
161,938

 

 

 
22,180

 
184,118

Impairment

 

 

 
(1,603
)
 
(1,603
)
Dispositions

 

 

 
(2,800
)
 
(2,800
)
Foreign currency exchange rate changes
(54,250
)
 

 

 

 
(54,250
)
As of December 31, 2016
 
 
 
 
 
 
 
 
 
Goodwill
1,111,003

 

 
168,345

 
202,141

 
1,481,489

Accumulated impairment losses
(350,850
)
 

 

 
(7,685
)
 
(358,535
)
 
$
760,153

 
$

 
$
168,345

 
$
194,456

 
$
1,122,954

Other Intangible Assets
Other intangible assets consist of the following:
 
 
 
As of December 31, 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
 
$
129,616

 
$
55,863

 
$
73,753

 
$
108,806

 
$
40,280

 
$
68,526

Trade names and trademarks
2–10 years
 
55,240

 
29,670

 
25,570

 
53,848

 
23,941

 
29,907

Databases and technology
3–5 years
 
5,601

 
4,368

 
1,233

 
4,617

 
4,114

 
503

Noncompete agreements
2–5 years
 
1,730

 
1,404

 
326

 
1,381

 
1,012

 
369

Other
1–8 years
 
12,030

 
4,973

 
7,057

 
10,095

 
2,209

 
7,886

 
 
 
$
204,217

 
$
96,278

 
$
107,939

 
$
178,747

 
$
71,556

 
$
107,191

Indefinite-Lived Intangible Assets
 
 
 
 
 

 
 

 
 
 
 

 
 

Trade names and trademarks
 
 
$
65,192

 
 

 
 

 
$
21,051

 
 
 
 
Licensure and accreditation
 
 
834

 
 

 
 

 
834

 
 

 
 

 
 
 
$
66,026

 
 

 
 

 
$
21,885

 
 

 
 

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, 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

Acquisitions
11,515

 

 

 
11,515

Impairment
(248,591
)
 

 

 
(248,591
)
Dispositions
(28,738
)
 

 
(4,764
)
 
(33,502
)
Foreign currency exchange rate changes
(204
)
 

 
(28,939
)
 
(29,143
)
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 adjustment
(2,781
)
 

 

 
(2,781
)
Acquisitions

 

 
161,938

 
161,938

Foreign currency exchange rate changes
44

 

 
(54,294
)
 
(54,250
)
As of December 31, 2016
 

 
 

 
 

 
 
Goodwill
389,720

 
166,098

 
555,185

 
1,111,003

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

 
(350,850
)
 
$
141,129

 
$
63,839

 
$
555,185

 
$
760,153