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Goodwill
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Goodwill

The following is a rollforward of goodwill for each reportable segment for the quarter ended March 31, 2020 (in thousands): 
 
North America
 
EMEA
 
LATAM
 
Total
Goodwill as of December 31, 2019
 
 
 
 
 
 
 
Goodwill
$
170,642

 
$
96,225

 
$
7,109

 
$
273,976

Accumulated impairment
(18,432
)
 
(96,225
)
 
(7,109
)
 
(121,766
)
 
152,210

 

 

 
152,210

 
 
 
 
 
 
 
 
Goodwill impairment
(7,191
)
 

 

 
(7,191
)
Foreign exchange impact
(94
)
 

 

 
(94
)
 
 
 
 
 
 
 
 
Goodwill as of March 31, 2020
 
 
 
 
 
 
 
Goodwill
170,548

 
96,225

 
7,109

 
273,882

Accumulated impairment
(25,623
)
 
(96,225
)
 
(7,109
)
 
(128,957
)
 
$
144,925

 
$

 
$

 
$
144,925



2020 Goodwill Impairment Charges

As of March 31, 2020, the Company performed an interim impairment assessment due to a triggering event caused by a sustained decrease in the Company's stock price and lower outlook due to the deterioration in economic conditions caused by COVID-19. The Company determined a fair value for its North America reporting unit that considered both the discounted cash flow and guideline public company methods. The Company further compared the fair value of the reporting unit to its carrying value. The fair value for the North America reporting unit was less than its carrying value and resulted in a non-cash goodwill impairment charge of $7.2 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.