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Intangible Assets
 9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
(7) Intangible Assets 
Goodwill
The Company tests goodwill for impairment annually as of its fiscal year end, or more frequently if events or circumstances indicate goodwill could be impaired. During the three months ended March 31, 2020, in response to the global economic impact of the COVID-19 pandemic, the Company performed a qualitative assessment and determined that it was not more likely than not that the carrying value of its U.S., United Kingdom ("U.K."), Australia & New Zealand, South Africa, Germany and Mexico reporting units exceeded their fair value. As such, the Company determined that a quantitative assessment was not necessary for these reporting units. For the Canada reporting unit, which was partially impaired as of December 31, 2019, the Company bypassed the optional qualitative assessment and performed a quantitative assessment as of March 31, 2020. For this quantitative assessment, the Company prepared a revised cash flow forecast that incorporated the estimated Pandemic impact, assumptions on operating efficiencies and resulting cash flows over time at a discount rate of 9.7%. Based on this quantitative test, the fair value of the Canada reporting unit marginally exceeded its carrying value and no additional goodwill impairment was recognized.

The Company did not identify any impairment indicators associated with its reporting units during the three months ended September 30, 2020. The Canada reporting unit's goodwill was approximately $101 million at September 30, 2020. To the extent that the Company is unable to meet its forecasts in the future or there are changes in the discount rate, further impairment charges are possible.
The following table presents the net carrying amounts of the Company’s goodwill as of September 30, 2020 and December 31, 2019, as well as the changes in the net carrying amounts for the nine months ended September 30, 2020, by segment. As of September 30, 2020, the Company held no significant indefinite-lived assets. For additional information related to the Company’s segments, see Note 17. Segment Information.
 North AmericaEurope & AfricaAustralia & New
Zealand		Total
 
(In thousands) 
Goodwill, gross as of December 31, 2019$561,513 $236,992 $151,431 $949,936 
Accumulated impairment loss (7,303)(50,003)(140,038)(197,344)
Goodwill, net as of December 31, 2019$554,210 $186,989 $11,393 $752,592 
Foreign currency translation adjustments (2,778)(10,842)207 (13,413)
Goodwill, gross as of September 30, 2020558,735 226,150 151,638 936,523 
Accumulated impairment loss (7,303)(50,003)(140,038)(197,344)
Goodwill, net as of September 30, 2020$551,432 $176,147 $11,600 $739,179 
Intangible Assets with Definite Lives
The following table presents the Company’s intangible assets that were subject to amortization:
 September 30, 2020December 31, 2019
 Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
 (In thousands)
Merchant and bank-branding contracts/relationships $488,725 $(410,685)$78,040 $489,363 $(388,598)$100,765 
Trade names16,315 (13,190)3,125 18,391 (12,792)5,599 
Technology11,895 (8,615)3,280 12,389 (7,952)4,437 
Non-compete agreements 4,335 (4,335)— 4,408 (4,408)— 
Revolving credit facility deferred financing costs 5,820 (2,229)3,591 5,256 (2,132)3,124 
Total intangible assets with definite lives$527,090 $(439,054)$88,036 $529,807 $(415,882)$113,925 

During the nine months ended September 30, 2020, the Company expensed approximately $0.8 million of deferred financing costs associated with its revolving credit facility upon entering into a third amendment to the revolving credit facility agreement, which reduced the borrowing capacity of the facility. This expense was recognized in the Amortization of deferred financing costs and note discount line of the Consolidated Statements of Operations. See Note 9. Current and Long-Term Debt.