Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

The changes in the carrying amount of goodwill, by segment, were as follows:


(in thousands)	Education		Television Broadcasting		Manufacturing		Healthcare		Automotive		Other Businesses		Total
As of December 31, 2019
Goodwill	$	1,140,958	$	190,815	$	234,993	$	98,421	$	39,121	$	30,423	$	1,734,731
Accumulated impairment losses	(331,151)		—		(7,616)		—		—		(7,685)		(346,452)
	809,807		190,815		227,377		98,421		39,121		22,738		1,388,279
Measurement period adjustment	154		—		—		—		—		—		154
Acquisitions	13,022		—		—		—		—		60,928		73,950
Impairment	—		—		—		—		—		(6,878)		(6,878)


Foreign currency exchange rate changes	29,245		—		—		—		—		—		29,245
As of December 31, 2020
Goodwill	1,183,379		190,815		234,993		98,421		39,121		91,351		1,838,080
Accumulated impairment losses	(331,151)		—		(7,616)		—		—		(14,563)		(353,330)
	852,228		190,815		227,377		98,421		39,121		76,788		1,484,750

Acquisitions	16,342		—		—		19,908		6,705		162,048		205,003
Impairment	—		—		(26,686)		—		—		—		(26,686)


Foreign currency exchange rate changes	(13,485)		—		—		—		—		—		(13,485)
As of December 31, 2021
Goodwill	1,186,236		190,815		234,993		118,329		45,826		253,399		2,029,598
Accumulated impairment losses	(331,151)		—		(34,302)		—		—		(14,563)		(380,016)
	$	855,085	$	190,815	$	200,691	$	118,329	$	45,826	$	238,836	$	1,649,582

Other intangible assets consist of the following:


		As of December 31, 2021						As of December 31, 2020
(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	$	300,027	$	206,714	$	93,313	$	294,077	$	178,075	$	116,002
Trade names and trademarks	2–15 years (1)	158,365		68,113		90,252		109,809		54,766		55,043
Network affiliation agreements	10 years	17,400		8,628		8,772		17,400		6,888		10,512
Databases and technology	3–6 years	36,585		26,464		10,121		34,864		19,924		14,940
Noncompete agreements	2–5 years	1,000		991		9		1,000		937		63
Other	1–8 years	68,500		23,847		44,653		24,800		16,714		8,086
		$	581,877	$	334,757	$	247,120	$	481,950	$	277,304	$	204,646
Indefinite-Lived Intangible Assets


Trade names and trademarks		$	86,972					$	87,429
Franchise agreements		44,058						21,858
FCC licenses		11,000						11,000
Licensure and accreditation		150						150
		$	142,180					$	120,437

____________


(1)			As of December 31, 2020, the trade names and trademarks’ maximum useful life was 10 years.

The changes in carrying amount of goodwill at the Company’s education division were as follows:


(in thousands)	Kaplan International		Higher Education		Supplemental Education		Total
As of December 31, 2019
Goodwill	$	595,604	$	174,564	$	370,790	$	1,140,958
Accumulated impairment losses	—		(111,324)		(219,827)		(331,151)
	595,604		63,240		150,963		809,807
Measurement period adjustment	154		—		—		154
Acquisitions	9,788		—		3,234		13,022



Foreign currency exchange rate changes	29,203		—		42		29,245
As of December 31, 2020
Goodwill	634,749		174,564		374,066		1,183,379
Accumulated impairment losses	—		(111,324)		(219,827)		(331,151)
	634,749		63,240		154,239		852,228

Acquisitions	—		—		16,342		16,342



Foreign currency exchange rate changes	(13,481)		—		(4)		(13,485)
As of December 31, 2021
Goodwill	621,268		174,564		390,404		1,186,236
Accumulated impairment losses	—		(111,324)		(219,827)		(331,151)
	$	621,268	$	63,240	$	170,577	$	855,085