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Goodwill and Intangible Assets
9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets GOODWILL AND INTANGIBLE ASSETS
The changes in the carrying amount of goodwill were as follows (in thousands):
Full service
center-based
child care
Back-up careEducational
advisory and other services
Total
Balance at January 1, 2019$1,155,705 $168,105 $23,801 $1,347,611 
Additions from acquisitions15,228 25,350 14,000 54,578 
Adjustments to prior year acquisitions(83)— — (83)
Effect of foreign currency translation10,380 387 — 10,767 
Balance at December 31, 20191,181,230 193,842 37,801 1,412,873 
Additions from acquisitions2,117 — 2,074 4,191 
Adjustments to prior year acquisitions(383)— (125)(508)
Effect of foreign currency translation(6,742)(774)— (7,516)
Balance at September 30, 2020$1,176,222 $193,068 $39,750 $1,409,040 
The Company also has intangible assets, which consisted of the following at September 30, 2020 and December 31, 2019 (in thousands):
September 30, 2020Weighted average
amortization period
CostAccumulated
amortization
Net carrying
amount
Definite-lived intangible assets:
Customer relationships14 years$404,132 $(305,757)$98,375 
Trade names6 years11,133 (9,163)1,970 
415,265 (314,920)100,345 
Indefinite-lived intangible assets:
Trade namesN/A180,881 — 180,881 
$596,146 $(314,920)$281,226 
December 31, 2019Weighted average
amortization period
CostAccumulated
amortization
Net carrying
amount
Definite-lived intangible assets:
Customer relationships14 years$404,667 $(283,597)$121,070 
Trade names6 years10,656 (8,144)2,512 
415,323 (291,741)123,582 
Indefinite-lived intangible assets:
Trade namesN/A181,091 — 181,091 
$596,414 $(291,741)$304,673 
The Company estimates that it will record amortization expense related to intangible assets existing as of September 30, 2020 as follows (in thousands):
Estimated amortization expense
Remainder of 2020$7,778 
2021$28,416 
2022$26,045 
2023$25,144 
2024$11,206