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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2020
Changes in Carrying Amount of Goodwill The changes in the carrying amount of goodwill, by segment, were as follows:
(in thousands)
Education
 
Television
Broadcasting
 
Manufacturing
 
Healthcare
 
SocialCode
 
Other
Businesses
 
Total
Balance as of December 31, 2019
  
 
  
 
 
 
 
 
 
 
  
 
  
Goodwill
$
1,140,958

 
$
190,815

 
$
234,993

 
$
98,421

 
$
15,860

 
$
53,684

 
$
1,734,731

Accumulated impairment losses
(331,151
)
 

 
(7,616
)
 

 

 
(7,685
)
 
(346,452
)
 
809,807

 
190,815

 
227,377

 
98,421

 
15,860

 
45,999

 
1,388,279

Acquisitions
13,151

 

 

 

 

 

 
13,151

Impairment

 

 

 

 

 
(6,878
)
 
(6,878
)
Foreign currency exchange rate changes
(32,361
)
 

 

 

 

 

 
(32,361
)
Balance as of March 31, 2020
  

 
  

 
 
 
 
 
 
 
  

 
  

Goodwill
1,121,748

 
190,815

 
234,993

 
98,421

 
15,860

 
53,684

 
1,715,521

Accumulated impairment losses
(331,151
)
 

 
(7,616
)
 

 

 
(14,563
)
 
(353,330
)
 
$
790,597

 
$
190,815

 
$
227,377

 
$
98,421

 
$
15,860

 
$
39,121

 
$
1,362,191


Other Intangible Assets
Other intangible assets consist of the following:
 
 
 
As of March 31, 2020
 
As of December 31, 2019
(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
 
$
292,305

 
$
152,705

 
$
139,600

 
$
291,626

 
$
144,625

 
$
147,001

Trade names and trademarks
2–10 years
 
99,989

 
45,176

 
54,813

 
87,190

 
42,770

 
44,420

Network affiliation agreements
10 years
 
17,400

 
5,583

 
11,817

 
17,400

 
5,148

 
12,252

Databases and technology
3–6 years
 
31,881

 
14,096

 
17,785

 
30,623

 
12,850

 
17,773

Noncompete agreements
2–5 years
 
1,150

 
804

 
346

 
1,313

 
929

 
384

Other
1–8 years
 
24,800

 
14,153

 
10,647

 
24,800

 
13,149

 
11,651

  
  
 
$
467,525

 
$
232,517

 
$
235,008

 
$
452,952

 
$
219,471

 
$
233,481

Indefinite-Lived Intangible Assets
  
 
  
 
  

 
  

 
  
 
  

 
  

Trade names and trademarks
  
 
$
83,164

 
  

 
  

 
$
100,491

 
  

 
  

Franchise agreements
 
 
21,858

 
 
 
 
 
28,556

 
 
 
 
FCC licenses
 
 
11,000

 
 
 
 
 
11,000

 
 
 
 
Licensure and accreditation
  
 
150

 
  

 
  

 
150

 
  

 
  

 
  
 
$
116,172

 
 
 
 
 
$
140,197

 
 
 
 

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
Balance as of December 31, 2019
  
 
  
 
  
 
 
 
  
Goodwill
$
595,604

 
$
174,564

 
$
166,920

 
$
203,870

 
$
1,140,958

Accumulated impairment losses

 
(111,324
)
 
(102,259
)
 
(117,568
)
 
(331,151
)
 
595,604

 
63,240

 
64,661

 
86,302

 
809,807

Acquisitions
9,889

 

 

 
3,262

 
13,151

Foreign currency exchange rate changes
(32,221
)
 

 

 
(140
)
 
(32,361
)
Balance as of March 31, 2020
  

 
  

 
  

 
 
 
  

Goodwill
573,272

 
174,564

 
166,920

 
206,992

 
1,121,748

Accumulated impairment losses

 
(111,324
)
 
(102,259
)
 
(117,568
)
 
(331,151
)
 
$
573,272

 
$
63,240

 
$
64,661

 
$
89,424

 
$
790,597