Intangible Assets, net

9 Months Ended

Sep. 30, 2018

Intangible Assets, net

Intangible Assets, net

(8) Intangible Assets

Intangible Assets with Indefinite Lives

The following tables present the net carrying amounts of the Company’s intangible assets with indefinite lives as of December 31, 2017 and September 30, 2018, as well as the changes in the net carrying amounts for the nine months ended September 30, 2018 by segment (for additional information related to the Company’s segments, see Note 17. Segment Information).

	North America		Europe & Africa		Australia & New Zealand		Total
	(In thousands)
Goodwill, gross as of December 31, 2017	$	565,717	$	246,549	$	152,714	$	964,980
Accumulated impairment loss		—		(50,003)		(140,038)		(190,041)
Goodwill, net as of December 31, 2017	$	565,717	$	196,546	$	12,676	$	774,939
Foreign currency translation adjustments		(3,159)		(11,637)		(952)		(15,748)
Goodwill, gross as of September 30, 2018	$	562,558	$	234,912	$	151,762	$	949,232
Accumulated impairment loss		—		(50,003)		(140,038)		(190,041)
Goodwill, net as of September 30, 2018	$	562,558	$	184,909	$	11,724	$	759,191

	Trade Name: Indefinite-lived
	North America		Europe & Africa		Total
	(In thousands)
Trade names: indefinite-lived as of December 31, 2017	$	200	$	459	$	659
Foreign currency translation adjustments		—		(15)		(15)
Trade names: indefinite-lived as of September 30, 2018	$	200	$	444	$	644

Intangible Assets with Definite Lives

The following table presents the Company’s intangible assets that were subject to amortization:

	September 30, 2018						December 31, 2017
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
	(In thousands)
Merchant and bank-branding contracts/relationships	$	481,986	$	(332,097)	$	149,889	$	490,332	$	(299,801)	$	190,531
Trade names: definite-lived		17,253		(8,961)		8,292		18,480		(7,091)		11,389
Technology		10,894		(6,140)		4,754		10,901		(5,230)		5,671
Non-compete agreements		4,409		(4,401)		8		4,438		(4,308)		130
Revolving credit facility deferred financing costs		2,603		(1,710)		893		2,730		(1,248)		1,482
Total intangible assets with definite lives	$	517,145	$	(353,309)	$	163,836	$	526,881	$	(317,678)	$	209,203