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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill, by segment, were as follows:
(in thousands)
Education
 
Television
Broadcasting
 
Healthcare
 
Other
Businesses
 
Total
As of December 31, 2016
 
 
 
 
 
 
 
 
 
Goodwill
$
1,111,003

 
$
168,345

 
$
59,640

 
$
142,501

 
$
1,481,489

Accumulated impairment losses
(350,850
)
 

 

 
(7,685
)
 
(358,535
)
 
760,153

 
168,345

 
59,640

 
134,816

 
1,122,954

Acquisitions
19,174

 
22,470

 
10,181

 
91,324

 
143,149

Impairment

 

 

 
(7,616
)
 
(7,616
)
Dispositions

 

 
(412
)
 

 
(412
)
Foreign currency exchange rate changes
41,635

 

 

 

 
41,635

As of December 31, 2017
 

 
 

 
 
 
 

 
 

Goodwill
1,171,812

 
190,815

 
69,409

 
233,825

 
1,665,861

Accumulated impairment losses
(350,850
)
 

 

 
(15,301
)
 
(366,151
)
 
820,962

 
190,815

 
69,409

 
218,524

 
1,299,710

Acquisitions
20,424

 

 
217

 
21,199

 
41,840

Dispositions
(11,191
)
 

 

 

 
(11,191
)
Foreign currency exchange rate changes
(32,647
)
 

 

 

 
(32,647
)
As of December 31, 2018
 
 
 
 
 
 
 
 
 
Goodwill
1,128,699

 
190,815

 
69,626

 
255,024

 
1,644,164

Accumulated impairment losses
(331,151
)
 

 

 
(15,301
)
 
(346,452
)
 
$
797,548

 
$
190,815

 
$
69,626

 
$
239,723

 
$
1,297,712

Other Intangible Assets
Other intangible assets consist of the following:
 
 
 
As of December 31, 2018
 
As of December 31, 2017
(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 (1)
 
$
282,761

 
$
114,429

 
$
168,332

 
$
260,464

 
$
83,690

 
$
176,774

Trade names and trademarks
2–10 years
 
87,285

 
39,825

 
47,460

 
50,286

 
25,596

 
24,690

Network affiliation agreements
10 years
 
17,400

 
3,408

 
13,992

 
17,400

 
1,668

 
15,732

Databases and technology
3–6 years
 
27,041

 
8,471

 
18,570

 
19,563

 
5,008

 
14,555

Noncompete agreements
2–5 years
 
1,088

 
838

 
250

 
930

 
467

 
463

Other
1–8 years
 
24,530

 
9,873

 
14,657

 
13,430

 
7,668

 
5,762

 
 
 
$
440,105

 
$
176,844

 
$
263,261

 
$
362,073

 
$
124,097

 
$
237,976

Indefinite-Lived Intangible Assets
 
 
 
 
 

 
 

 
 
 
 

 
 

Trade names and trademarks
 
 
$
80,102

 
 

 
 

 
$
82,745

 
 
 
 
FCC licenses
 
 
18,800

 
 
 
 
 
18,800

 
 
 
 
Licensure and accreditation
 
 
150

 
 

 
 

 
650

 
 

 
 

 
 
 
$
99,052

 
 

 
 

 
$
102,195

 
 

 
 


____________
(1)
As of December 31, 2017, the student and customer relationships’ minimum useful life was 1 year.
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)
Kaplan
International
 
Higher
Education
 
Test
Preparation
 
Professional (U.S.)
 
Total
As of December 31, 2016
 
 
 
 
 
 
 
 
 
Goodwill
$
555,185

 
$
205,494

 
$
166,098

 
$
184,226

 
$
1,111,003

Accumulated impairment losses

 
(131,023
)
 
(102,259
)
 
(117,568
)
 
(350,850
)
 
555,185

 
74,471

 
63,839

 
66,658

 
760,153

Acquisitions
19,174

 

 

 

 
19,174

Foreign currency exchange rate changes
41,502

 

 

 
133

 
41,635

As of December 31, 2017
 
 
 
 
 
 
 
 
 
Goodwill
615,861

 
205,494

 
166,098

 
184,359

 
1,171,812

Accumulated impairment losses

 
(131,023
)
 
(102,259
)
 
(117,568
)
 
(350,850
)
 
615,861

 
74,471

 
63,839

 
66,791

 
820,962

Acquisitions
62

 

 
822

 
19,540

 
20,424

Dispositions

 
(11,191
)
 

 

 
(11,191
)
Foreign currency exchange rate changes
(32,499
)
 
(40
)
 

 
(108
)
 
(32,647
)
As of December 31, 2018
 

 
 

 
 

 
 
 
 
Goodwill
583,424

 
174,564

 
166,920

 
203,791

 
1,128,699

Accumulated impairment losses

 
(111,324
)
 
(102,259
)
 
(117,568
)
 
(331,151
)
 
$
583,424

 
$
63,240

 
$
64,661

 
$
86,223

 
$
797,548