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Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2016
Intangible Assets  
Schedule of Goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

 

North America (1)

 

Europe (2)

 

Corporate & Other (3)

 

Total

 

 

(In thousands) 

Balance as of January 1, 2016

 

 

 

 

 

 

 

 

 

 

 

 

Gross balance

 

$
452,270

 

$
146,669

 

$

 —

 

$
598,939

Accumulated impairment loss

 

 

 —

 

 
(50,003)

 

 

 —

 

 
(50,003)

 

 

$
452,270

 

$
96,666

 

$

 —

 

$
548,936

 

 

 

 

 

 

 

 

 

 

 

 

 

Intersegment allocation (4)

 

 
(6,650)

 

 

 —

 

 
6,650

 

 

 —

Foreign currency translation adjustments

 

 
44

 

 
(11,646)

 

 

 —

 

 
(11,602)

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of September 30, 2016

 

 

 

 

 

 

 

 

 

 

 

 

Gross balance

 

$
445,664

 

$
135,023

 

$
6,650

 

$
587,337

Accumulated impairment loss

 

 

 —

 

 
(50,003)

 

 

 —

 

 
(50,003)

 

 

$
445,664

 

$
85,020

 

$
6,650

 

$
537,334

 

(1)

The North America segment is comprised of the Company’s operations in the U.S., Canada, Mexico, and Puerto Rico.

(2)

The Europe segment is comprised of the Company’s operations in the U.K., Ireland, Germany, Poland, Spain, and its ATM advertising business.

(3)

The Corporate & Other segment is comprised of the Company’s transaction processing activities and the Company’s corporate general and administrative functions.

(4)

In the three months ended September 30, 2016, the Company allocated $6.7 million of the goodwill stemming from the 2015 acquisition of CDS to the Corporate & Other segment in conjunction with the segment reorganization discussed in Note 15. Segment Information.

 

Summary Of Net Carrying Amounts Of Intangible Assets With Indefinite Lives

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade Name: Indefinite-lived

 

 

North America (1)

 

Europe (2)

 

Corporate & Other (3)

 

Total

 

 

(In thousands)

Balance as of January 1, 2016

 

$
200

 

$
416

 

$
1,700

 

$
2,316

Reclassification to definite-lived trade name

 

 

 —

 

 

 —

 

 
(1,700)

 

 
(1,700)

Foreign currency translation adjustments

 

 

 —

 

 
24

 

 

 —

 

 
24

Balance as of September 30, 2016

 

$
200

 

$
440

 

$

 —

 

$
640

 

(1)

The North America segment is comprised of the Company’s operations in the U.S., Canada, Mexico, and Puerto Rico.

(2)

The Europe segment is comprised of the Company’s operations in the U.K., Ireland, Germany, Poland, Spain, and its ATM advertising business.

(3)

The Corporate & Other segment is comprised of the Company’s transaction processing activities and the Company’s corporate general and administrative functions.

 

Summary Of Intangible Assets Subject To Amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2016

 

December 31, 2015

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Carrying Amount

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Carrying Amount

 

 

(In thousands)

Customer and bank-branding contracts/relationships

 

$
353,509

 

$
(241,930)

 

$
111,579

 

$
350,211

 

$
(219,498)

 

$
130,713

Revolving credit facility deferred financing costs

 

 
3,625

 

 
(2,141)

 

 
1,484

 

 
2,896

 

 
(1,452)

 

 
1,444

Non-compete agreements

 

 
4,395

 

 
(4,061)

 

 
334

 

 
4,454

 

 
(3,935)

 

 
519

Technology

 

 
10,701

 

 
(4,589)

 

 
6,112

 

 
10,751

 

 
(3,750)

 

 
7,001

Trade name: definite-lived

 

 
12,139

 

 
(3,545)

 

 
8,594

 

 
11,646

 

 
(2,859)

 

 
8,787

Total

 

$
384,369

 

$
(256,266)

 

$
128,103

 

$
379,958

 

$
(231,494)

 

$
148,464