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Goodwill
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Goodwill
 
The following is a summary of the goodwill balance for each reportable segment as of December 31 (in thousands): 
 
North America
 
EMEA
 
LATAM
 
Total
Balance as of December 31, 2017
$
170,685

 
$
21,815

 
$
7,447

 
$
199,946

Goodwill impairment
(18,432
)
 
(20,778
)
 
(7,109
)
 
(46,319
)
Foreign exchange impact
(95
)
 
(1,037
)
 
(338
)
 
(1,469
)
Balance as of December 31, 2018
152,158

 

 

 
152,158

Foreign exchange impact
52

 

 

 
52

Balance as of December 31, 2019
$
152,210

 
$

 
$

 
$
152,210



2018 Goodwill Impairment Charges

During the third quarter of 2018, the Company changed its segments and re-evaluated its reporting units. This change required an interim impairment assessment of goodwill. The Company determined an enterprise value for its North America, EMEA and LATAM reporting units that considered both discounted cash flow and guideline public company methods. The Company further compared the enterprise value of each reporting unit to its respective carrying value. The enterprise value for North America exceeded its carrying value indicating there was no impairment. The enterprise values for the EMEA and LATAM reporting units were less than their respective carrying values thus resulting in the Company recognizing $20.8 million and $7.1 million non-cash goodwill impairment charges, respectively.

As of December 31, 2018, the Company performed an interim impairment assessment due to a triggering event caused by a sustained decrease in the Company's stock price. The Company determined an enterprise value for its North America reporting unit that considered both the discounted cash flow and guideline public company methods. The Company further compared the enterprise value of the reporting unit to its carrying value. The enterprise value for the North America reporting unit was less than its carrying value and resulted in a non-cash goodwill impairment charge of $18.4 million. No tax benefit was recognized on such charge, and this charge had no impact on the Company's cash flows or compliance with debt covenants.

Prior to the aforementioned 2018 activity, the Company recorded gross and accumulated impairment losses of $75.4 million as a result of prior period goodwill impairment tests.