Goodwill and Other Intangible Assets, Net

6 Months Ended

Jun. 30, 2020

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 were as follows (in thousands):

	Goodwill
Balance at December 31, 2019	$	553,745
Acquisitions		3,065
Measurement period adjustments		(55	)
Cumulative translation adjustment		(4,732	)
Balance at June 30, 2020	$	552,023

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

Goodwill is not amortized and is reviewed annually for impairment or more frequently if impairment indicators arise, in accordance with U.S. GAAP guidance on Goodwill and Other Intangible Assets.

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

	June 30, 2020
	Gross Amount		Accumulated Amortization		Net Carrying Amount		Weighted- Average Remaining Life (Years)
Definite life intangible assets:
Customer-related	$	247,410	$	65,887	$	181,523		10.9
Technology		24,022		18,317		5,705		1.7
Noncompete agreements		29,666		28,451		1,215		6.4
Patents		12,233		11,982		251		—
All other		30,461		4,589		25,872		8.2
Total definite life intangible assets		343,792		129,226		214,566		10.3
Indefinite life intangible assets:
Trade names		79,570		—		79,570	N/A
Licenses		2,267		—		2,267	N/A
Total indefinite life intangible assets		81,837		—		81,837	N/A
Total	$	425,629	$	129,226	$	296,403		10.3

	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

Intangible amortization expense was $6.3 million and $7.8 million for the three months ended June 30, 2020 and 2019, respectively. Intangible amortization expense was $14.5 million and $15.0 million for the six months ended June 30, 2020 and 2019 , respectively. Intangible amortization is included as part of “Other expenses” in the Company’s unaudited condensed consolidated statements of operations. There were no impairment charges for the Company’s indefinite life intangibles for the three and six months ended June 30, 2020 and 2019.

The estimated future amortization expense of definite life intangible assets as of June 30, 2020 is as follows (in millions):

2020	$	12.4
2021		24.0
2022		21.1
2023		20.5
2024		20.5
2025 and thereafter		116.1
Total	$	214.6