Impairment of Long-Lived Assets	3 Months Ended
Mar. 31, 2023
Impairment or Disposal of Tangible Assets Disclosure [Abstract]
Impairment of Long-Lived Assets	12. Impairment of Long-Lived Assets The Company performed a qualitative impairment analysis on its long-lived assets, goodwill and tradename intangible assets as of March 31, 2023. As a result of the qualitative assessment, the Company noted no impairment indicators related to these assets as of March 31, 2023. The qualitative impairment analysis, by asset class, is described below: • Goodwill – Considers economic and market conditions, industry trading multiples and the impact of recent developments and events on estimated fair values as compared with the most recent quantitative assessment. • Tradename Intangible Assets – Considers recent developments that may impact revenue forecasts and other estimates as compared with the most recent quantitative assessment. • Other Long-lived Assets – Considers relevant market transactions, industry trading multiples and recent developments that would impact the estimates of future cash flows, which are the primary measure of estimated fair value, as compared with the most recent quantitative impairment assessment. See Note 1 and Note 12 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, filed February 24, 2023, for a further discussion of the Company’s impairment policy and a description of the qualitative and quantitative impairment assessments performed. There were no impairment charges on long-lived assets, goodwill and intangible assets for the three months ended March 31, 2023. See Impairment of NCMI Investment in Note 8 for a discussion of the impairment charge on the Company’s investment in NCMI.

Impairment of Long-Lived Assets

3 Months Ended

Mar. 31, 2023

Impairment or Disposal of Tangible Assets Disclosure [Abstract]

12.

Impairment of Long-Lived Assets

The Company performed a qualitative impairment analysis on its long-lived assets, goodwill and tradename intangible assets as of March 31, 2023. As a result of the qualitative assessment, the Company noted no impairment indicators related to these assets as of March 31, 2023.

The qualitative impairment analysis, by asset class, is described below:

•

Goodwill – Considers economic and market conditions, industry trading multiples and the impact of recent developments and events on estimated fair values as compared with the most recent quantitative assessment.

•

Tradename Intangible Assets – Considers recent developments that may impact revenue forecasts and other estimates as compared with the most recent quantitative assessment.

•

Other Long-lived Assets – Considers relevant market transactions, industry trading multiples and recent developments that would impact the estimates of future cash flows, which are the primary measure of estimated fair value, as compared with the most recent quantitative impairment assessment.

See Note 1 and Note 12 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, filed February 24, 2023, for a further discussion of the Company’s impairment policy and a description of the qualitative and quantitative impairment assessments performed.

There were no impairment charges on long-lived assets, goodwill and intangible assets for the three months ended March 31, 2023. See Impairment of NCMI Investment in Note 8 for a discussion of the impairment charge on the Company’s investment in NCMI.