Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

The Company’s goodwill was as follows:

	U.S. Operating Segment		International Operating Segment		Total
Balance at January 1, 2019 ⁽¹⁾	$	1,174,041	$	102,283	$	1,276,324
Theatres acquired in the US and Brazil ⁽²⁾		8,570		869		9,439
Foreign currency translation adjustments		—		786		786
Balance at June 30, 2019 ⁽¹⁾	$	1,182,611	$	103,938	$	1,286,549

(1)

Balances are presented net of accumulated impairment losses of $214,031 for the U.S. operating segment and $27,622 for the international operating segment.

(2)

Amount represents preliminary purchase price allocation for two theatres acquired in the U.S. during 2019 and the final purchase price allocation adjustment for theatres acquired in Brazil during 2018.

Intangible Assets

Intangible assets consisted of the following:

	Balance at January 1, 2019			Impact of Adoption of ASC Topic 842 ⁽¹⁾			Amortization			Other ⁽²⁾			Balance at June 30, 2019
Intangible assets with finite lives:
Gross carrying amount	$	105,256		$	(18,024	)	$	—		$	(2,106	)	$	85,126
Accumulated amortization		(74,603	)		13,597			(2,463	)		2,130			(61,339	)
Total net intangible assets with finite lives	$	30,653		$	(4,427	)	$	(2,463	)	$	24		$	23,787

Intangible assets with indefinite lives:
Tradename and other		300,257		―			―				145			300,402
Total intangible assets — net	$	330,910		$	(4,427	)	$	(2,463	)	$	169		$	324,189

(1)

See Note 3 for further discussion of the impact of adoption of ASC Topic 842.

(2)

Amount represents the write-off of fully amortized intangible assets related to non-compete agreements, the acquisition of tradeable liquor licenses, fair values allocated to intangible assets acquired as part of acquisitions of two theatres in the U.S. and foreign currency translation adjustments.

Estimated Aggregate Future Amortization Expense for Intangible Assets

Estimated aggregate future amortization expense for intangible assets is as follows:

For the six months ended December 31, 2019	$	2,394
For the twelve months ended December 31, 2020		4,358
For the twelve months ended December 31, 2021		2,447
For the twelve months ended December 31, 2022		2,333
For the twelve months ended December 31, 2023		2,307
Thereafter		9,948
Total	$	23,787