Goodwill and Other Intangible Assets, Net

12 Months Ended

Dec. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets, Net

17. Goodwill and Other Intangible Assets, Net

The changes in the carrying amount of goodwill for the year ended December 31, 2019 and 2018 were as follows (in thousands):

	Goodwill
Balance at December 31, 2017	$	468,050
Acquisitions		39,664
Measurement period adjustments		(130	)
Cumulative translation adjustment		(2,938	)
Balance at December 31, 2018	$	504,646
Acquisitions		55,872
Measurement period adjustments		(7,130	)
Cumulative translation adjustment		357
Balance at December 31, 2019	$	553,745

For additional information on Goodwill, see Note 4—“Acquisitions.”

The Company completed its annual goodwill impairment testing during the fourth quarters of 2019 and 2018, respectively, which did not result in any goodwill impairment. See Note 3—“Summary of Significant Accounting Policies” for more information.

Other intangible assets consisted of the following (in thousands, except weighted-average remaining life):

	December 31, 2019
	Gross Amount		Accumulated Amortization		Net Carrying Amount		Weighted- Average Remaining Life (Years)
Definite life intangible assets:
Customer-related	$	250,788	$	57,332	$	193,456		11.2
Technology		24,024		16,608		7,416		2.2
Noncompete agreements		30,378		28,198		2,180		4.2
Patents		12,232		11,954		278		0.1
All other		7,552		3,195		4,357		9.4
Total definite life intangible assets		324,974		117,287		207,687		10.8
Indefinite life intangible assets:
Trade names		93,083		—		93,083	N/A
Licenses		2,454		—		2,454	N/A
Total indefinite life intangible assets		95,537		—		95,537	N/A
Total	$	420,511	$	117,287	$	303,224		10.8

	December 31, 2018
	Gross Amount		Accumulated Amortization		Net Carrying Amount		Weighted- Average Remaining Life (Years)
Definite life intangible assets:
Customer-related	$	225,094	$	40,088	$	185,006		11.9
Technology		24,023		13,754		10,269		3.0
Noncompete agreements		30,131		22,131		8,000		2.4
Patents		9,635		9,222		413		2.5
All other		9,330		3,172		6,158		7.9
Total definite life intangible assets		298,213		88,367		209,846		11.0
Indefinite life intangible assets:
Trade names		81,004		—		81,004	N/A
Licenses		7,929		—		7,929	N/A
Total indefinite life intangible assets		88,933		—		88,933	N/A
Total	$	387,146	$	88,367	$	298,779		11.0

Intangible amortization expense was $29.4 million, $27.3 million and $26.3 million for the years ended December 31, 2019, 2018 and 2017, respectively. Intangible amortization is included as part of “Other expenses” in the Company’s consolidated statements of operations.

The Company completed its annual intangible impairment testing during the fourth quarter of 2019. There was no impairment charge for the Company’s definite and indefinite life intangibles for the years ended December 31, 2019, 2018 and 2017. See Note 3—“Summary of Significant Accounting Policies” for more information.

The estimated future amortization expense of definite life intangible assets as of December 31, 2019 is as follows (in millions):

2020	$	24.5
2021		22.9
2022		19.5
2023		19.5
2024		19.5
2025 and thereafter		101.8
Total	$	207.7