Goodwill and Intangible Assets, net

6 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill And Intangible Assets, Net

Goodwill and Intangible Assets, net:

In connection with the Company's business acquisitions, the Company acquired certain tangible and intangible assets. Intangible assets resulting from these acquisitions include client and customer relationships, non-compete agreements, trademarks and technology. The Company performs a review of goodwill as of October 1 of each year or more frequently if indicators of impairment exist.

The following table represents the changes in goodwill for the three and six months ended June 30, 2019 and 2018 (amounts in thousands):

	Three Months Ended June 30,					Six Months Ended June 30,
	2019		2018			2019		2018
Balance at beginning of period:
Goodwill	$	480,518	$	544,293		$	464,116	$	526,513
Accumulated impairment loss	—		—			—		—
	480,518		544,293			464,116		526,513
Changes:
Acquisition (1)	4,711		—			18,364		—
Foreign currency translation adjustment	4,064		(24,482		)	6,813		(6,702		)
Net change in goodwill	8,775		(24,482		)	25,177		(6,702		)
Goodwill	489,293		519,811			489,293		519,811
Accumulated impairment loss	—		—			—		—
Balance at end of period	$	489,293	$	519,811		$	489,293	$	519,811

(1) The $4.7 million and $18.4 million additions to goodwill during the three and six months ended June 30, 2019, respectively, are the result of the acquisition of a business in Canada.