Goodwill and Intangible Assets

3 Months Ended

Mar. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

5. Goodwill and Intangible Assets

A summary of the goodwill activity for the three months ended March 31, 2019 is provided below:

	Goodwill
	Personal Care			Hospice		Home Health		Total
	(Amounts in Thousands)
Goodwill as of December 31, 2018	$	112,377		$	22,200	$	865	$	135,442
Adjustments to previously recorded goodwill		(43	)		—		—		(43	)
Goodwill as of March 31, 2019	$	112,334		$	22,200	$	865	$	135,399

The Company’s identifiable intangible assets consist of customer and referral relationships, trade names, trademarks and non-competition agreements. Amortization is computed using straight-line and accelerated methods based upon the estimated useful lives of the respective assets, which range from three to twenty-five years. Goodwill and certain state licenses are not amortized pursuant to ASC Topic 350.

The carrying amount and accumulated amortization of each identifiable intangible asset category consisted of the following as of March 31, 2019:

	Customer and referral relationships			Trade names and trademarks			Non- competition agreements			State Licenses			Total
	(Amounts in Thousands)
Intangible assets with indefinite lives:		—			—			—			2,871			2,871
Intangible assets subject to amortization:
Gross carrying amount		42,356			21,551			2,155			241			66,303
Accumulated amortization		(33,436	)		(11,175	)		(2,009	)		(23	)		(46,643	)
Net book value, intangible assets subject to amortization		8,920			10,376			146			218			19,660
Total intangible assets at March 31, 2019	$	8,920		$	10,376		$	146		$	3,089		$	22,531

Amortization expense related to the identifiable intangible assets amounted to $1.3 million for the three months ended March 31, 2019 and 2018.

The weighted average remaining lives of identifiable intangible assets as of March 31, 2019 is 8.7 years.

The estimated future intangible amortization expense is as follows:

For the Three Months Ended March 31, 2019	Total (Amounts in Thousands)
Remainder of 2019		3,760
2020		3,400
2021		2,758
2022		1,724
2023		1,406
Thereafter		6,612
Total intangible assets subject to amortization	$	19,660