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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2022
Changes in Carrying Amount of Goodwill The changes in the carrying amount of goodwill, by segment, were as follows:
(in thousands)EducationTelevision
Broadcasting
ManufacturingHealthcareAutomotiveOther
Businesses
Total
Balance 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 
Measurement period adjustments
1,000   250  (15)1,235 
Foreign currency exchange rate changes
(1,171)     (1,171)
Balance as of March 31, 2022        
Goodwill1,186,065 190,815 234,993 118,579 45,826 253,384 2,029,662 
Accumulated impairment losses
(331,151) (34,302)  (14,563)(380,016)
$854,914 $190,815 $200,691 $118,579 $45,826 $238,821 $1,649,646 
Other Intangible Assets
Other intangible assets consist of the following:
As of March 31, 2022As of December 31, 2021
(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
$298,952 $212,955 $85,997 $300,027 $206,714 $93,313 
Trade names and trademarks
2–15 years
158,202 71,771 86,431 158,365 68,113 90,252 
Databases and technology
3–6 years
36,650 28,163 8,487 36,585 26,464 10,121 
Network affiliation agreements
10 years
17,400 9,062 8,338 17,400 8,628 8,772 
Noncompete agreements
2–5 years
1,000 992 8 1,000 991 
Other
1–8 years
68,500 26,670 41,830 68,500 23,847 44,653 
    $580,704 $349,613 $231,091 $581,877 $334,757 $247,120 
Indefinite-Lived Intangible Assets
              
Trade names and trademarks  $85,821     $86,972     
Franchise agreements44,058 44,058 
FCC licenses11,000 11,000 
Licensure and accreditation  150     150     
Other48 — 
  $141,077 $142,180 
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
Supplemental EducationTotal
Balance 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 
Measurement period adjustments  1,000 1,000 
Foreign currency exchange rate changes(1,222) 51 (1,171)
Balance as of March 31, 2022      
Goodwill620,046 174,564 391,455 1,186,065 
Accumulated impairment losses (111,324)(219,827)(331,151)
$620,046 $63,240 $171,628 $854,914