Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure

Goodwill — The Company's goodwill balance was $442.2 million as of December 31, 2020 and 2019, and all relates to the Global Funds Transfer segment. The Company performed an annual assessment of goodwill during the fourth quarter of 2020, 2019 and 2018. No impairments of goodwill were recorded in 2020, 2019 and 2018.

Intangibles — All of the Company's intangible assets are included within "Other assets" in the Consolidated Balance Sheets. As of December 31, 2020, the Company had no cryptocurrency indefinite-lived intangible assets.

The following table is a summary of finite-lived intangible assets as of December 31:

	2020						2019
(Amounts in millions)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Contractual and customer relationships	$	4.1	$	(3.2)	$	0.9	$	4.1	$	(2.6)	$	1.5
Developed technology	0.6		(0.5)		0.1		0.6		(0.5)		0.1
Total finite-intangible assets	$	4.7	$	(3.7)	$	1.0	$	4.7	$	(3.1)	$	1.6

Intangible asset amortization expense for 2020, 2019 and 2018 was $0.5 million, $0.6 million and $1.5 million, respectively. The estimated future intangible asset amortization expense is $0.6 million and $0.4 million for 2021 and 2022, respectively.