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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill
The table below sets forth the changes in the carrying amount of goodwill by reportable segment for the nine months ended September 30, 2020.

Healthcare

Business
Advisory
EducationTotal
Balance as of December 31, 2019:
Goodwill$636,810 $302,057 $103,889 $1,042,756 
Accumulated impairment losses(208,081)(187,995)— (396,076)
Goodwill, net as of December 31, 2019428,729 114,062 103,889 646,680 
Goodwill recorded in connection with a business acquisition (1)
— — 495 495 
Goodwill impairment charge— (59,816)— (59,816)
Foreign currency translation— (629)— (629)
Goodwill, net as of September 30, 2020$428,729 $53,617 $104,384 $586,730 
(1)On August 1, 2020, we completed the acquisition of B3i Analytics, LLC, a software firm that provides a software as a solution ("SaaS") application to leverage internal and external data to help higher education institutions forecast research revenue. The results of operations of the acquired business is included in our consolidated financial statements and results of operations of our Education segment from the date of acquisition. This acquisition is not significant to our consolidated financial statements.
Intangible Assets
Intangible assets as of September 30, 2020 and December 31, 2019 consisted of the following:
As of September 30, 2020As of December 31, 2019
Useful Life 
(in years)
Gross
Carrying
Amount
Accumulated
Amortization
Gross
Carrying
Amount
Accumulated
Amortization
Customer relationships3 to 13$83,287 $64,757 $87,577 $61,882 
Trade names5 to 628,930 26,788 28,930 25,894 
Technology and software55,800 5,053 5,694 4,321 
Non-competition agreements51,880 1,441 2,220 1,447 
Customer contracts2800 408 800 52 
Total$120,697 $98,447 $125,221 $93,596 
Schedule of Future Amortization Expense The table below sets forth the estimated annual amortization expense for the intangible assets recorded as of September 30, 2020.
Year Ending December 31,Estimated Amortization Expense
2020$12,635 
2021$8,422 
2022$6,186 
2023$3,582 
2024$797