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GOODWILL AND INTANGIBLE ASSETS
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
The balance of goodwill, net and intangible assets, net is as follows (in thousands):
 September 30,
2024		December 31,
2023
Goodwill$903,227 $903,227 
Accumulated impairment losses(521,688)(521,688)
Net goodwill$381,539 $381,539 
Intangible assets with indefinite lives$10,142 $10,142 
Intangible assets with definite lives, net36,056 40,478 
Total intangible assets, net$46,198 $50,620 
Goodwill and Indefinite-Lived Intangible Assets
The Company's goodwill at each of September 30, 2024 and December 31, 2023 consisted of $59.3 million associated with the Home segment, $166.1 million associated with the Consumer segment, and $156.1 million associated with the Insurance segment.
During the third quarter of 2023, the Company concluded that a triggering event had occurred related to its goodwill and an interim quantitative impairment test was performed as of September 30, 2023. During the third quarter of 2023, the Company’s market capitalization fell below its book value. Additionally, the Home reporting unit continued to struggle due to the effects of the significant increases in mortgage rates, low for-sale home inventories and the rise in home prices. The Insurance reporting unit continued to see pressure due to the consumer price inflation negatively impacting carrier underwriting. Upon completing a quantitative goodwill impairment test, the Company concluded that the carrying value of the Insurance reporting unit exceeded its fair value which resulted in a goodwill impairment charge of $38.6 million in the third quarter of 2023. The fair value of the Home and Consumer reporting units exceeded their carrying amounts, indicating no goodwill impairment. The Company will monitor the recovery of the Insurance reporting unit and Home reporting unit. Any changes in the timing of the recovery compared to current expectations could cause an impairment to the Insurance or Home reporting unit.
Intangible assets with indefinite lives relate to the Company's trademarks.
Intangible Assets with Definite Lives
Intangible assets with definite lives relate to the following (in thousands):
 CostAccumulated
Amortization		Net
Customer lists76,100 (40,044)36,056 
Balance at September 30, 2024$76,100 $(40,044)$36,056 
 CostAccumulated
Amortization		Net
Customer lists$76,100 $(35,644)$40,456 
Trademarks and tradenames1,300 (1,278)22 
Balance at December 31, 2023$77,400 $(36,922)$40,478 
Amortization of intangible assets with definite lives is computed on a straight-line basis and, based on balances as of September 30, 2024, future amortization is estimated to be as follows (in thousands):
 Amortization Expense
Remainder of current year$1,467 
Year ending December 31, 20255,830 
Year ending December 31, 20265,504 
Year ending December 31, 20275,198 
Year ending December 31, 20284,685 
Thereafter13,372 
Total intangible assets with definite lives, net$36,056